FXOpen Trader Posted February 3 Share Posted February 3 USDJPY Technical Analysis – 31ST JAN, 2025 USDJPY – Near Horizontal Support USDJPY was unable to continue its bearish momentum and after touching a low of 154.53 the prices started to correct upwards against the United States Dollar today in the US Trading session. The prices are Near Horizontal Support in the 15-minutes timeframe. We do see Bullish trend reversal: adaptative moving average 50 present in the 4-hourly timeframe. Also, the Bullish price crossover with Moving Average 50 along with Bullish price crossover with adaptative moving average 20 can be seen in the 4-hourly timeframe. The Aroon indicator bullish trend is present in the 4-hourly timeframe. We do see Ichimoku: price is over the cloud along with Ichimoku - Bullish crossover: Tenkan & Kijun in the 4-hourly timeframe. The Parabolic SAR indicator bullish reversal is present in the daily timeframe. USDJPY is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages. • Yen Bullish reversal seen above the 154.53 mark. • Short-term range appears to be Bullish. • USDJPY continues to remain above the 155.50 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 156.07 which is a Pivot Point 2nd Level Resistance. USDJPY is now trading near to its Pivot levels of 155.63 and is moving into a Bullish channel. The price of USDJPY remains near its Classic support levels of 154.99 and is now moving towards its next target of 156.29 which is a 50% Retracement From 4 Week High/Low. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 (edited) AUDUSD Technical Analysis – 19th FEB, 2025 AUDUSD – Support of Channel is Broken AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6370 the prices have started to decline against the United States Dollar today in the Asian trading session. The Support of channel is broken in the 15-minutes timeframe. We can see Moving Average bearish crossovers: MA20 & MA50 present in the 15-minutes timeframe. We have also detected the formation of Doji in the 15-minutes timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets. The Support of channel is broken in the 1-hourly timeframe. We see Bearish price crossover with adaptative moving average 100 in the 1-hourly timeframe. The MACD crosses DOWN its Moving Average in the 1-hourly timeframe. We do see Parabolic SAR indicator bearish reversal and the Ichimoku: price is under the cloud in the 1-hourly timeframe. AUDUSD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages. • Aussie Bearish reversal seen below the 0.6370 mark. • Short-term range appears to be Bearish. • AUDUSD continues to remain above the 0.6340 levels. • Average true range ATR is indicating High market volatility. The next support is located at 0.6330 which is a Price 2 Standard Deviations Support. AUDUSD is now trading near to its Pivot levels of 0.6350 and is moving into a Bearish channel. The price of AUDUSD remains above its Classic support levels of 0.6335 and is moving towards its next target of 0.6318 which is a 50% Retracement From 13 Week High/Low. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Edited February 20 by FXOpen Trader Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 EURCHF Technical Analysis – 19th FEB, 2025 EURCHF – Support of Channel is Broken EURCHF was unable to continue its bullish momentum and after touching a high of 0.9454 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We can see Moving Average bearish crossovers: AMA20 & AMA50 present in the 15-minutes timeframe. Some of the technical indicators are also giving a Bullish to Neutral signal indicating the presence of the consolidation wave in the markets. We do see Moving Average bearish crossovers: AMA50 & AMA100 in the 1-hourly timeframe. The Support of channel is broken in the 1-hourly timeframe. We have seen Bearish price crossover with adaptative moving average 100 formation in the 2-hourly timeframe. The MACD crosses DOWN its Moving Average and we see Parabolic SAR indicator bearish reversal present in the 2-hourly timeframe. The Bearish trend reversal: adaptative moving average 100 is visible in the 4-hourly timeframe. EURCHF is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • EURCHF Bearish reversal seen below the 0.9454 mark. • Short-term range appears to be Bearish. • EURCHF continues to remain above the 0.9420 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.9423 which is a Price 2 Standard Deviations Support. EURCHF is now trading near to its Pivot levels of 0.9424 and is moving into a Bearish channel. The price of EURCHF remains above its Classic support levels of 0.9415 and is moving towards its next target of 0.9408 which is a 14-3 Day Raw Stochastic at 30%. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 EURJPY Technical Analysis – 19th FEB, 2025 EURJPY – Support of Channel is Broken EURJPY was unable to continue its bullish momentum and after touching a high of 159.11 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We can see the formation of Doji in the 1-hourly timeframe. We see Bearish price crossover with adaptative moving average 100 present in the 2-hourly timeframe. We can see Pivot points: price is under support 1 in the daily timeframe. The Price is back under the pivot point in the weekly timeframe. We can see the formation of Bearish harami in the weekly timeframe. We see CCI indicator: bullish divergence presents in the daily timeframe. The prices are ranging Near a new LOW record (1 year) in the weekly timeframe. EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • EURJPY Bearish reversal seen below the 159.11 mark. • Short-term range appears to be Bearish. • EURJPY continues to remain above the 158.25 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 158.18 which is a Price 1 Standard Deviation Support. EURJPY is now trading near to its Pivot levels of 158.29 and is moving into a Bearish channel. The price of EURJPY remains above its Classic support levels of 157.91 and is moving towards its next target of 157.70 which is a Price 3 Standard Deviations Support. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 EURUSD Technical Analysis – 19th FEB, 2025 EURUSD – Support of Channel is Broken EURUSD was unable to continue its bullish momentum and after touching a high of 1.0460 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. The Previous candle closed under Bollinger bands in the 1-hourly timeframe. Some of the technical indicators are also giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets. We have seen the formation of Bearish harami pattern in the weekly timeframe. The prices of EURUSD are ranging Near a new LOW record (1 year) in the weekly timeframe. We have also seen the formation of Doji in the 15-minutes timeframe. EURUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages. • Euro Bearish reversal seen below the 1.0460 mark. • Short-term range appears to be Bearish. • EURUSD continues to remain above the 1.0425 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 1.0419 which is a Price 1 Standard Deviation Support. EURUSD is now trading near to its Pivot levels of 1.0429 and is moving into a Bearish channel. The price of EURUSD remains above its Classic support levels of 1.0414 and is moving towards its next target of 1.0406 at which the Price Crosses 40 Day Moving Average Stalls. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 GBPJPY Technical Analysis – 19th FEB, 2025 GBPJPY – Support of Channel is Broken GBPJPY was unable to continue its Bullish momentum and after touching a high of 192.10 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We have seen Bearish trend reversal: Moving Average 20 formation in the 2-hourly timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets. We do see CCI indicator is oversold: under -100 present in the 2-hourly timeframe indicating a Neutral wave. We see Bearish trend reversal: adaptative moving average 100 present in the 4-hourly timeframe. Also, Parabolic SAR indicator bearish reversal is visible in the 4-hourly timeframe. GBPJPY is now trading below its 100-hour SMA and above its 200-hour SMA simple moving average. • GBPJPY Bearish reversal seen below the 192.10 mark. • Short-term range appears to be Bearish. • GBPJPY continues to remain above the 190.80 levels. • Average true range ATR is indicating Less market volatility. GBPJPY is now trading near to its Pivot levels of 191.08 and is moving into a Bearish channel. The price of GBPJPY is above its Classic support levels of 190.65 and is now moving towards its next target of 190.46 which is a Pivot Point 2nd Support Point. We are also looking for the breach of the levels of 190.07 which is a Pivot Point 3rd Support Point. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 GBPUSD Technical Analysis – 19th FEB, 2025 GBPUSD – Support of Channel is Broken GBPUSD was unable to continue its bullish momentum and after touching a high of 1.2638 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We see Bearish price crossover with Moving Average 100 in the 1-hourly timeframe. We also see Bearish price crossover with adaptative moving average 50 in the 2-hourly timeframe. We see that the Previous candle closed under Bollinger bands in the 2-hourly timeframe. Also, the Pivot points: price is under support 1 in the 4-hourly timeframe. Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets. The Ichimoku: price is under the cloud in the weekly timeframe. The prices continue to range Near a new LOW record (1 year) in the weekly timeframe. GBPUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving average. • Pound Bearish reversal seen below the 1.2638 mark. • Short-term range appears to be Bearish. • GBPUSD continues to remain above the 1.2580 levels. • Average true range ATR is indicating Less market volatility. GBPUSD is now trading near to its Pivot levels of 1.2591 and is moving into a Bearish channel. The price of GBPUSD is above its Classic support levels of 1.2573 and is now moving towards its next target of 1.2547 which is a Pivot Point 3rd Support Point. We are also looking for the breach of the levels of 1.2519 which is a 14-3 Day Raw Stochastic at 70%. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 NZDUSD Technical Analysis – 19th FEB, 2025 NZDUSD – Support of Channel is Broken NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5731 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We have seen Bearish trend reversal: Moving Average 20 in the 1-hourly timeframe. The Bearish trend reversal: adaptative moving average 100 is present in the 1-hourly timeframe. Aroon indicator bearish trend is visible in the 1-hourly timeframe. We can see Bearish price crossover with adaptative moving average 50 in the 2-hourly timeframe. Also, the MACD crosses DOWN its Moving Average in the 2-hourly timeframe. The prices of NZDUSD are ranging Near a new LOW record (1 year) in the weekly timeframe. We have seen Bearish harami present in the weekly timeframe. NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages. • Kiwi Bearish reversal seen below the 0.5731 mark. • Short-term range appears to be Bearish. • NZDUSD continues to remain above the 0.5700 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.5686 which is a Pivot Point 1st Support Point. NZDUSD is now trading near to its Pivot levels of 0.5703 and is moving into a Bearish channel. The price of NZDUSD remains near its Classic support levels of 0.5685 and is now moving towards its next target of 0.5675 at which the Price Crosses 9 Day Moving Average Stalls. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 USDCAD Technical Analysis – 19th FEB, 2025 USDCAD – Resistance of Channel is Broken USDCAD was unable to continue its bearish momentum and after touching a low of 1.4175 the prices started to correct upwards against the United States Dollar today in the US Trading session. The Resistance of channel is broken in the 15-minutes timeframe. We can see Bullish price crossover with Moving Average 20 present in the 15-minutes timeframe. Also, we see Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe. As we can see the Resistance of channel is broken in the 1-hourly timeframe. We have detected Bullish trend reversal: Moving Average 100 in the 1-hourly timeframe. Also, the Previous candle closed over Bollinger bands in the 2-hourly timeframe. The prices of USDCAD are ranging Near a new HIGH record (1 year) in the weekly timeframe. USDCAD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages. • Kiwi Bullish reversal seen above the 1.4175 mark. • Short-term range appears to be Bullish. • USDCAD continues to remain above the 1.4230 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 1.4261 which is a Pivot Point 1st Resistance Point. USDCAD is now trading near to its Pivot levels of 1.4240 and is moving into a Bullish channel. The price of USDCAD remains near its Classic support levels of 1.4231 and is now moving towards its next target of 1.4282 which is a Price 3 Standard Deviations Resistance. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 USDCHF Technical Analysis – 19th FEB, 2025 USDCHF – Resistance of Channel is Broken USDCHF was unable to continue its bearish momentum and after touching a low of 0.9023 the prices started to correct upwards against the United States Dollar today in the US Trading session. The Resistance of channel is broken in the 1-hourly timeframe. We can see Bullish trend reversal: Moving Average 100 formation in the 4-hourly timeframe. The prices of USDCHF are ranging Near support of triangle in the weekly timeframe. We can see that the Price is back over the pivot point in the weekly timeframe. Some of the technical indicators are also giving a Bearish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets. USDCHF is now ranging Near a new HIGH record (1 year) in the weekly timeframe. USDCHF is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages. • USDCHF Bullish reversal seen above the 0.9023 mark. • Short-term range appears to be Bullish. • USDCHF continues to remain above the 0.9030 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 0.9059 which is a Pivot Point 1st Resistance Point. USDCHF is now trading near to its Pivot levels of 0.9045 and is moving into a Bullish channel. The price of USDCHF remains near its Classic support levels of 0.9038 and is now moving towards its next target of 0.9072 which is a 3-10-16 Day MACD Moving Average Stalls. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 20 Share Posted February 20 USDJPY Technical Analysis – 19th FEB, 2025 USDJPY – Support of Channel is Broken USDJPY was unable to continue its bullish momentum and after touching a high of 151.83 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. Also, the Horizontal support is broken in the 15-minutes timeframe. We have seen Parabolic SAR indicator bearish reversal in the 15-minutes timeframe. We have also seen that the Bearish harami is present in the 30-minutes timeframe. The Support of channel is broken in the 1-hourly timeframe. The RSI indicator is oversold: under 30 indicating a Neutral market in the 1-hourly timeframe. We have also detected the Bearish harami present in the 1-hourly timeframe. USDJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • Yen Bearish reversal seen below the 151.83 mark. • Short-term range appears to be Bearish. • USDJPY continues to remain above the 150.30 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 150.37 which is a Price 3 Standard Deviations Support. USDJPY is now trading near to its Pivot levels of 150.52 and is moving into a Bearish channel. The price of USDJPY remains near its Classic support levels of 150.29 and is now moving towards its next target of 149.98 which is a Pivot Point 3rd Support Point. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 21 Share Posted February 21 AUDUSD Technical Analysis – 21st FEB, 2025 AUDUSD – Support of Channel is Broken AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6408 the prices have started to decline against the United States Dollar today in the Asian trading session. The Support of channel is broken in the 15-minutes timeframe. We can see Bearish price crossover with Moving Average 20 in the 15-minutes timeframe. We have also detected Bearish price crossover with adaptative moving average 20 in the 15-minutes timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets. The prices are Near resistance of triangle in the 1-hourly timeframe. We can see Bearish price crossover with adaptative moving average 100 present in the daily timeframe. The CCI indicator: bearish divergence is visible in the daily timeframe. We do see prices are Near a new LOW record (1 year) in the weekly timeframe. AUDUSD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages. • Aussie Bearish reversal seen below the 0.6408 mark. • Short-term range appears to be Bearish. • AUDUSD continues to remain above the 0.6380 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.6358 which is a Price 3 Standard Deviations Support. AUDUSD is now trading near to its Pivot levels of 0.6385 and is moving into a Bearish channel. The price of AUDUSD remains above its Classic support levels of 0.6376 and is moving towards its next target of 0.6337 at which the Price Crosses 9 Day Moving Average. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 21 Share Posted February 21 EURCHF Technical Analysis – 21st FEB, 2025 EURCHF – Near Horizontal Support EURCHF was unable to continue its Bearish momentum and after touching a low of 0.9418 the prices started to correct upwards against the United States Dollar today in the US Trading session. The prices are ranging Near Horizontal Support in the 15-minutes timeframe. We have also detected the formation of Doji in the 15-minutes timeframe. We can see Pivot points: price is under support 1 in the 30-minutes timeframe. Some of the technical indicators are also giving a Bearish to Neutral signal indicating the presence of the consolidation wave in the markets. We can see that the prices of EURUCHF are ranging Near horizontal support in the 1-hourly timeframe. We can see Pivot points: price is under support 1 in the 2-hourly timeframe. We have seen Bullish opening of the markets this week. The prices of EURCHF are now ranging Near a new HIGH record (1st January) in the weekly timeframe. EURCHF is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • EURCHF Bullish reversal seen above the 0.9418 mark. • Short-term range appears to be Bullish. • EURCHF continues to remain above the 0.9400 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 0.9440 which is a Pivot Point 1st Resistance Point. EURCHF is now trading near to its Pivot levels of 0.9409 and is moving into a Bullish channel. The price of EURCHF remains above its Classic support levels of 0.9401 and is moving towards its next target of 0.9447 at which the Price Crosses 9 Day Moving Average. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 21 Share Posted February 21 EURJPY Technical Analysis – 21st FEB, 2025 EURJPY – Near Horizontal Support EURJPY was unable to continue its Bearish momentum and after touching a low of 156.86 the prices started to correct upwards against the United States Dollar today in the US Trading session. The prices are Near Horizontal Support in the 15-minutes timeframe. We have seen the formation of Doji in the 1-hourly timeframe. We see Moving Average bullish crossovers: MA50 & MA100 in the 4-hourly timeframe. We see that the Price is back over the pivot point in the daily timeframe. Also, we see CCI indicator: bullish divergence is present in the daily timeframe. We see that some of the technical indicators are giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets. The prices are ranging Near a new HIGH record (1st January) in the weekly timeframe. EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • EURJPY Bullish reversal seen above the 156.86 mark. • Short-term range appears to be Bullish. • EURJPY continues to remain above the 157.20 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 157.90 which is a Pivot Point 1st Resistance Point. EURJPY is now trading near to its Pivot levels of 157.46 and is moving into a Bullish channel. The price of EURJPY remains above its Classic support levels of 157.08 and is moving towards its next target of 158.51 which is a 14-3 Day Raw Stochastic at 50%. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check FXOpen Blog Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 EURUSD Technical Analysis – 21st FEB, 2025 EURUSD – Near Horizontal Support EURUSD was unable to continue its Bearish momentum and after touching a low of 1.0450 the prices started to correct upwards against the United States Dollar today in the US Trading session. The prices are ranging Near Horizontal Support in the 15-minutes timeframe. We have seen Bullish price crossover with adaptative moving average 100 in the 30-minutes timeframe. Also, the RSI indicator: bullish divergence is visible in the 30-minutes timeframe. Some of the technical indicators are also giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets. We have seen the CCI indicator: bullish divergence in the 30-minutes timeframe. The Bullish harami is also present in the 30-minutes timeframe. The MACD crosses UP its Moving Average in the weekly timeframe. We have detected Bullish price crossover with adaptative moving average 100 in the 1-hourly timeframe. EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • Euro Bullish reversal seen above the 1.0450 mark. • Short-term range appears to be Bullish. • EURUSD continues to remain above the 1.0470 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 1.0530 which is a Pivot Point 1st Resistance Point. EURUSD is now trading near to its Pivot levels of 1.0464 and is moving into a Bullish channel. The price of EURUSD remains above its Classic support levels of 1.0446 and is moving towards its next target of 1.0545 which is a Price 2 Standard Deviations Resistance. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 GBPJPY Technical Analysis – 21st FEB, 2025 GBPJPY – Support of Channel is Broken GBPJPY was unable to continue its Bullish momentum and after touching a high of 190.38 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 15-minutes timeframe. We can see Bearish trend reversal: Moving Average 100 in the 2-hourly timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets. Also, we see Bearish trend reversal: Moving Average 50 present in the 4-hourly timeframe. The Horizontal support is broken. Also, the MACD crosses DOWN its Moving Average in the daily timeframe. We can see Bearish price crossover with adaptative moving average 100 in the weekly timeframe. GBPJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving average. • GBPJPY Bearish reversal seen below the 190.38 mark. • Short-term range appears to be Bearish. • GBPJPY continues to remain above the 188.50 levels. • Average true range ATR is indicating Less market volatility. GBPJPY is now trading near to its Pivot levels of 188.36 and is moving into a Bearish channel. The price of GBPJPY is above its Classic support levels of 188.06 and is now moving towards its next target of 187.31 which is a Price 1 Standard Deviation Support. We are also looking for the breach of the levels of 187.05 which is a 1-Month Low. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 GBPUSD Technical Analysis – 21st FEB, 2025 GBPUSD – MACD crosses UP its Moving Average GBPUSD was unable to continue its Bearish momentum and after touching a low of 1.2607 the prices started to correct upwards against the United States Dollar today in the US Trading session. The MACD crosses UP its Moving Average in the 15-minutes timeframe. The Support of channel is broken. Also, the Horizontal support is broken in the 1-hourly timeframe. We do see the prices are Near resistance of channel in the daily timeframe. We have seen Bearish price crossover with Moving Average 100 along with the Bearish price crossover with adaptative moving average 100 in the daily timeframe. The RSI indicator: bearish divergence along with the CCI indicator: bearish divergence is visible in the daily timeframe. Some of the technical indicators are giving a Bearish to Neutral stance indicating the presence of the Consolidation wave present in the markets. The Ichimoku: price is under the cloud in the weekly timeframe. The prices continue to range Near a new LOW record (1 year) in the weekly timeframe. GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average. • Pound Bullish reversal seen above the 1.2607 mark. • Short-term range appears to be Bullish. • GBPUSD continues to remain above the 1.2620 levels. • Average true range ATR is indicating High market volatility. GBPUSD is now trading near to its Pivot levels of 1.2632 and is moving into a Bullish channel. The price of GBPUSD is above its Classic support levels of 1.2619 and is now moving towards its next target of 1.2664 which is a Price 1 Standard Deviation Resistance. We are also looking for the breach of the levels of 1.2676 which is a Price 2 Standard Deviations Resistance. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 NZDUSD Technical Analysis – 21st FEB, 2025 NZDUSD – Support of Channel is Broken NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5766 the prices started to decline against the United States Dollar today in the US Trading session. The Support of channel is broken in the 1-hourly timeframe. We can see Bearish price crossover with Moving Average 50 in the 1-hourly timeframe. Also, we see Bearish trend reversal: adaptative moving average 20 in the 2-hourly timeframe. We see Aroon indicator bearish trend in the 2-hourly timeframe. The MACD crosses DOWN its Moving Average in the 4-hourly timeframe. We do see Bearish price crossover with adaptative moving average 100. The Price is back under the pivot point in the daily timeframe. The CCI indicator: bearish divergence is seen in the daily timeframe. The prices of NZDUSD are ranging Near a new LOW record (5 years) in the weekly timeframe. NZDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • Kiwi Bearish reversal seen below the 0.5766 mark. • Short-term range appears to be Bearish. • NZDUSD continues to remain above the 0.5700 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.5706 which is a Price 2 Standard Deviations Support. NZDUSD is now trading near to its Pivot levels of 0.5741 and is moving into a Bearish channel. The price of NZDUSD remains near its Classic support levels of 0.5733 and is now moving towards its next target of 0.5690 which is a Pivot Point 3rd Support Point. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 USDCAD Technical Analysis – 21st FEB, 2025 USDCAD – Resistance of Channel is Broken USDCAD was unable to continue its bearish momentum and after touching a low of 1.4178 the prices started to correct upwards against the United States Dollar today in the US Trading session. The Resistance of channel is broken in the 1-hourly timeframe. The Pivot points: price is over resistance 1 is visible in the 1-hourly timeframe. We have seen Bullish trend reversal: Moving Average 20 along with Bullish trend reversal: adaptative moving average 100 in the 2-hourly timeframe. We can see the formation of a Bullish harami in the 4-hourly timeframe. The prices are ranging Near support of channel in the daily timeframe. Some of the technical indicators are giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets. The prices of USDCAD are ranging Near a new HIGH record (1 year) in the weekly timeframe. USDCAD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • USDCAD Bullish reversal seen above the 1.4178 mark. • Short-term range appears to be Bullish. • USDCAD continues to remain above the 1.4190 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 1.4250 which is a Price 1 Standard Deviation Resistance. USDCAD is now trading near to its Pivot levels of 1.4193 and is moving into a Bullish channel. The price of USDCAD remains near its Classic support levels of 1.4183 and is now moving towards its next target of 1.4258 which is a 38.2% Retracement From 13 Week Low. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 24 Share Posted February 24 USDCHF Technical Analysis – 21st FEB, 2025 USDCHF – Near Horizontal Support USDCHF was unable to continue its Bullish momentum and after touching a high of 0.9023 the prices started to correct upwards against the United States Dollar today in the US Trading session. The prices are Near Horizontal Support in the 15-minutes timeframe. We have seen Bullish trend reversal: adaptative moving average 20 along with Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe. We have seen Bullish price crossover with Moving Average 20 in the 30-minutes timeframe. We have also detected Parabolic SAR indicator bullish reversal in the 30-minutes timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets. USDCHF is now ranging Near a new HIGH record (1 year) in the weekly timeframe. USDCHF is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • USDCHF Bearish reversal seen below the 0.9023 mark. • Short-term range appears to be Bearish. • USDCHF continues to remain above the 0.8960 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.8962 which is a Pivot Point 1st Support Point. USDCHF is now trading near to its Pivot levels of 0.8962 and is moving into a Bearish channel. The price of USDCHF remains near its Classic support levels of 0.8957 and is now moving towards its next target of 0.8946 which is a Pivot Point 2nd Support Point. #fxopen Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ... Link to comment Share on other sites More sharing options...
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