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USDJPY Technical Analysis – 27th FEB, 2025
USDJPY – Resistance of Channel is Broken
rST2Ky3.png
 
USDJPY was unable to continue its Bearish momentum and after touching a low of 149.10 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 have seen Pivot points: price is over resistance 1 in the 1-hourly timeframe.
We have detected Ichimoku - Bullish crossover: Tenkan & Kijun in the 4-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.
The prices are ranging Near support of triangle in the weekly timeframe.
The prices of USDJPY continue to range New LOW record (1 month) in the weekly timeframe.
USDJPY is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
•    Yen Bullish reversal seen above the 149.10 mark.
•    Short-term range appears to be Bullish.
•    USDJPY continues to remain above the 149.90 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 150.22 at which the Price Crosses 9 Day Moving Average.
USDJPY is now trading near to its Pivot levels of 149.91 and is moving into a Bullish channel.
The price of USDJPY remains near its Classic support levels of 149.27 and is now moving towards its next target of 150.45 which is a Pivot Point 2nd Level 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 ...

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AUDUSD Technical Analysis – 28th FEB, 2025
AUDUSD – Near Horizontal Resistance
goeio7D.png
 
AUDUSD was unable to continue its Bullish momentum and after touching a high of 0.6221 the prices have started to decline against the United States Dollar today in the US Trading session.
The prices are Near horizontal resistance in the 15-minutes timeframe.
We have seen Bearish price crossover with adaptative moving average 100. Also, the RSI indicator is back under 50 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.
We can see that the Pivot points: price is under support 1 in the 30-minutes timeframe.
Also, the SuperTrend indicator bearish reversal can be seen in the daily timeframe.
We have seen Pivot points: price is under support 1 in the weekly timeframe.
We do see prices are Near a new LOW record (1 year) in the weekly timeframe.
Also, we can see Bearish engulfing lines in the weekly timeframe.
AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Aussie Bearish reversal seen below the 0.6221 mark.
•    Short-term range appears to be Bearish.
•    AUDUSD continues to remain above the 0.6200 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 0.6187 which is a Pivot Point 1st Support Point.
AUDUSD is now trading near to its Pivot levels of 0.6203 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6189 and is moving towards its next target of 0.6167 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 ...

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EURCHF Technical Analysis – 28th FEB, 2025
EURCHF – Near Support of Channel
zOsmfzv.png
 
EURCHF was unable to continue its Bearish momentum and after touching a low of 0.9343 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near Support of Channel in the 15-minutes timeframe.
We can see Bullish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral signal indicating the presence of the consolidation wave in the markets.
The MACD indicator: bullish divergence is visible in the 2-hourly timeframe.
We see that the Price is back over the pivot point along with MACD indicator: bullish divergence in the 4-hourly timeframe.
The prices are ranging Near support of channel in the daily timeframe.
Also, the prices are 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 0.9343 mark.
•    Short-term range appears to be Bullish.
•    EURCHF continues to remain above the 0.9360 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 0.9384 which is a Price 1 Standard Deviation Resistance.
EURCHF is now trading near to its Pivot levels of 0.9365 and is moving into a Bullish channel.
The price of EURCHF remains above its Classic support levels of 0.9350 and is moving towards its next target of 0.9391 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 ...

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EURJPY Technical Analysis – 28th FEB, 2025
EURJPY – Bullish Trend Reversal
QljuhB9.png

EURJPY was unable to continue its Bearish momentum and after touching a low of 155.73 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see Bullish trend reversal: adaptative moving average 20 and RSI indicator is back over 50 in the 15-minutes timeframe.
We have detected Bullish trend reversal: Moving Average 100 and Bullish price crossover with adaptative moving average 50 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.
The Resistance of channel is broken in the 1-hourly timeframe.
The Price is back over the pivot point in the 1-hourly timeframe.
We have also detected Ichimoku - Bullish crossover: Tenkan & Kijun in the 1-hourly timeframe.
EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    EURJPY Bullish reversal seen above the 155.73 mark.
•    Short-term range appears to be Bullish.
•    EURJPY continues to remain above the 156.10 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 156.65 which is a Price 1 Standard Deviation Resistance.
EURJPY is now trading near to its Pivot levels of 156.10 and is moving into a Bullish channel.
The price of EURJPY remains above its Classic support levels of 155.62 and is moving towards its next target of 156.81 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 ...

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EURUSD Technical Analysis – 28th FEB, 2025
EURUSD – Support of Channel is Broken
TPNxJUi.png
 
EURUSD was unable to continue its Bullish momentum and after touching a high of 1.0418 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 4-hourly timeframe.
We can see Bearish trend reversal: adaptative moving average 20 and Bearish price crossover with Moving Average 50 in the daily 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 MACD crosses DOWN its Moving Average in the daily timeframe.
The prices are ranging Near a new LOW record (1st January) in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bearish reversal seen below the 1.0418 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.0370 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 1.0350 which is a Pivot Point 1st Support Point.
EURUSD is now trading near to its Pivot levels of 1.0371 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0350 and is moving towards its next target of 1.0325 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 ...

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GBPJPY Technical Analysis – 28th FEB, 2025
GBPJPY – Bullish Price Crossover
Fv34OPj.png
 
GBPJPY was unable to continue its Bearish momentum and after touching a low of 188.58 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see Bullish price crossover with Moving Average 50 and Bullish price crossover with adaptative moving average 50 in the 15-minutes timeframe.
We see Bullish price crossover with Moving Average 20 along with Parabolic SAR indicator bullish reversal 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 present in the markets.
We do see Bullish trend reversal: adaptative moving average 20 and Ichimoku: price is over the cloud in the daily timeframe.
We can see Bullish price crossover with adaptative moving average 20 in the 2-hourly timeframe.
Also Bullish price crossover with Moving Average 50 along with Bullish harami is visible in the daily timeframe.
GBPJPY is Near a new LOW record (1 year) in the weekly timeframe.
GBPJPY is now trading above its 100-hour SMA and below its 200-hour SMA simple moving average.
•    GBPJPY Bullish reversal seen above the 188.58 mark.
•    Short-term range appears to be Bullish.
•    GBPJPY continues to remain above the 189.20 levels.
•    Average true range ATR is indicating Less market volatility.
GBPJPY is now trading near to its Pivot levels of 189.31 and is moving into a Bullish channel.
The price of GBPJPY is above its Classic support levels of 188.74 and is now moving towards its next target of 189.71 which is a Price 1 Standard Deviation Resistance.
We are also looking for the breach of the levels of 189.82 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 ...

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GBPUSD Technical Analysis – 28th FEB, 2025
GBPUSD – Bearish Trend Reversal
wsRvNKZ.png
 
GBPUSD was unable to continue its Bullish momentum and after touching a high of 1.2634 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Bearish trend reversal: adaptative moving average 100 in the daily timeframe.
The Parabolic SAR indicator bearish reversal is visible in the daily timeframe.
We have seen Bearish price crossover with Moving Average 20 and Bearish price crossover with adaptative moving average 50 in the weekly timeframe.
The Price is back under the pivot point in the weekly timeframe.
Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets.
We can see Bearish engulfing lines in the weekly timeframe.
The prices continue to range Near a new LOW record (1st January) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bearish reversal seen below the 1.2634 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.2570 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.2578 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.2557 and is now moving towards its next target of 1.2550 which is a Pivot Point 1st Support Point.
We are also looking for the breach of the levels of 1.2536 which is a Price 1 Standard Deviation 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 ...

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NZDUSD Technical Analysis – 28th FEB, 2025
NZDUSD – Near Horizontal Resistance
w0GTZcn.png
 
NZDUSD was unable to continue its Bullish momentum and after touching a high of 0.5608 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near horizontal resistance in the 15-minutes timeframe.
We can see Pivot points: price is under support 1 in the 30-minutes timeframe.
We can see that some range bound consolidation is now going on in the markets. This also means that we will need to wait for the correct Entry times in the NZDUSD.
Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
The Support of channel is broken in the daily timeframe.
We can also see that the Support of triangle is broken and Horizontal support is broken 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 below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Kiwi Bearish reversal seen below the 0.5608 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.5590 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 0.5577 which is a Pivot Point 1st Support Point
NZDUSD is now trading near to its Pivot levels of 0.5594 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.5582 and is now moving towards its next target of 0.5538 which is a Price 1 Standard Deviation 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 ...

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USDCAD Technical Analysis – 28th FEB, 2025
USDCAD – Resistance of Channel is Broken
pOe7Kgl.png
 
USDCAD was unable to continue its Bearish momentum and after touching a low of 1.4406 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 MACD indicator: bearish divergence in the 15-minutes timeframe.
We have also seen that the RSI indicator: bearish divergence is present in the 4-hourly timeframe.
The prices are ranging Near horizontal resistance 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 above its 100-hour SMA and its 200-hour SMA simple moving averages.
•    USDCAD Bullish reversal seen above the 1.4406 mark.
•    Short-term range appears to be Bullish.
•    USDCAD continues to remain above the 1.4450 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 1.4492 which is a Pivot Point 1st Resistance Point.
USDCAD is now trading near to its Pivot levels of 1.4464 and is moving into a Bullish channel.
The price of USDCAD remains near its Classic support levels of 1.4446 and is now moving towards its next target of 1.4547 which is a 38.2% Retracement From 4 Week High.

#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 ...

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USDCHF Technical Analysis – 28th FEB, 2025
USDCHF – Resistance of Channel is Broken
LTtlr3D.png
 
USDCHF was unable to continue its Bearish momentum and after touching a low of 0.8996 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 that the Pivot points: price is over resistance 1 in the 2-hourly timeframe.
The Horizontal resistance is broken in the daily timeframe.
We will have to wait for the correct Entry timings in the markets given the presence of the Consolidation phase.
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 its 200-hour SMA simple moving averages.
•    USDCHF Bullish reversal seen above the 0.8996 mark.
•    Short-term range appears to be Bullish.
•    USDCHF continues to remain above the 0.9020 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.9049 which is a Pivot Point 1st Resistance Point.
USDCHF is now trading near to its Pivot levels of 0.9030 and is moving into a Bullish channel.
The price of USDCHF remains near its Classic support levels of 0.9025 and is now moving towards its next target of 0.9082 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 ...

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USDJPY Technical Analysis – 28th FEB, 2025
USDJPY – Resistance of Channel is Broken
ogWAJ9e.png
 
USDJPY was unable to continue its Bearish momentum and after touching a low of 149.95 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The Resistance of Channel is Broken and the prices are ranging Near horizontal resistance in the 1-hourly timeframe.
We can see Pivot points: price is over resistance 1 in the 1-hourly timeframe.
We will have to wait for correct Entry timings in the market given the presence of the Consolidation phase in the markets.
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 Pivot points: price is over resistance 1 in the daily timeframe.
The prices of USDJPY continue to range Near a new HIGH record (1 month) in the weekly timeframe.
USDJPY is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Yen Bullish reversal seen above the 149.95 mark.
•    Short-term range appears to be Bullish.
•    USDJPY continues to remain above the 150.50 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 151.25 which is a Price 1 Standard Deviation Resistance.
USDJPY is now trading near to its Pivot levels of 150.52 and is moving into a Bullish channel.
The price of USDJPY remains near its Classic support levels of 150.24 and is now moving towards its next target of 151.36 which is a Pivot Point 1st Resistance 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 ...

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AUDUSD Technical Analysis – 04th MAR, 2025
AUDUSD – Support of Channel is Broken
AUDUSD.png
 
AUDUSD was unable to continue its Bullish momentum and after touching a high of 0.6250 the prices have 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 that the Pivot points: price is under support 1 and we have also detected the formation of Doji in the 1-hourly 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 MACD crosses DOWN its Moving Average in the 2-hourly timeframe.
We can also see Black hanging man / hammer in the 2-hourly timeframe.
The prices have already entered into a consolidation phase now.
We do see prices are Near a new LOW record (1 year) in the weekly timeframe.

#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 ...

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EURCHF Technical Analysis – 04th MAR, 2025
EURCHF – Support of Channel is Broken
EURCHF.png
 
EURCHF was unable to continue its Bullish momentum and after touching a high of 0.9426 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: adaptative moving average 100 in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral signal indicating the presence of the consolidation wave in the markets.
The RSI indicator is back under 50 and Parabolic SAR indicator bearish reversal in the 2-hourly timeframe.
We have seen Bearish trend reversal: adaptative moving average 50 in the 4-hourly timeframe.
We can see Bearish price crossover with adaptative moving average 100 in the daily timeframe. Also, the Price is back under the pivot point in the daily timeframe.
We have detected that the Price is back under the pivot point in the daily timeframe.
Also, the prices are ranging Near a new LOW record (1 year) in the weekly timeframe.
EURCHF is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.

#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 ...

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EURJPY Technical Analysis – 04th MAR, 2025
EURJPY – Near Resistance of Triangle
EURJPY.png

EURJPY was unable to continue its Bullish momentum and after touching a high of 158.11 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near resistance of triangle and Near resistance of channel in the 15-minutes timeframe.
We have detected the formation of Doji in the 30-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.
We see Bearish trend reversal: Moving Average 100 in the 4-hourly timeframe.
It is confirmed that the prices have now entered into a consolidation phase but the overall trend still remains bearish.
The prices are ranging Near a new LOW record (1 year) in the weekly timeframe.
EURJPY is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.

#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 ...

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EURUSD Technical Analysis – 04th MAR, 2025
EURUSD – Bullish Trend Reversal
EURUSD.png

EURUSD was unable to continue its Bearish momentum and after touching a low of 1.0465 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see Bullish trend reversal: adaptative moving average 20 and Bullish trend reversal: adaptative moving average 50 in the 15-minutes timeframe.
The MACD crosses UP its Moving Average in the 15-minutes timeframe.
We see Ichimoku: price is over the cloud and Ichimoku - Bullish crossover: Tenkan & Kijun both of which are Strong Bullish Indicators of the presence of the bullish trend in the markets.
The MACD crosses UP its Moving Average in the daily timeframe. We see Bullish price crossover with Moving Average 20 in the weekly timeframe.
We have seen Bullish opening of the markets this week.
EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.

#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 ...

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GBPJPY Technical Analysis – 04th MAR, 2025
GBPJPY – Near Resistance of Channel
GBPJPY.png
 
GBPJPY was unable to continue its Bullish momentum and after touching a high of 191.50 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near resistance of channel and Bearish trend reversal: Moving Average 100 is visible in the 15-minutes timeframe.
We see Bearish trend reversal: Moving Average 20 and Bearish price crossover with adaptative moving average 50 in the 1-hourly timeframe.
We see Ichimoku - Bearish crossover: Tenkan & Kijun is present in the 1-hourly timeframe.
We can see Bearish price crossover with adaptative moving average 50 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 in the markets.
GBPJPY is Near a new LOW record (1 year) in the weekly timeframe.
GBPJPY is now trading above its 100-hour SMA and its 200-hour SMA simple 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 ...

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GBPUSD Technical Analysis – 04th MAR, 2025
GBPUSD – Near Support of Channel
GBPUSD.png
 
GBPUSD was unable to continue its Bearish momentum and after touching a low of 1.2580 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near support of channel in the 15-minutes timeframe.
We can see Bullish price crossover with Moving Average 50 and Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe.
The RSI indicator is back over 50 and MACD indicator: bullish divergence in the 15-minutes timeframe.
We see Bullish trend reversal: Moving Average 20 and Bullish price crossover with Moving Average 20 in the 30-minutes timeframe.
The prices continue to move into a Strong Bullish momentum and now we are looking to enter into a Consolidation zone.
The Resistance of channel is broken in the daily timeframe.
The RSI indicator is back over 50 and Momentum indicator is back over zero in the weekly timeframe.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple 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 ...

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NZDUSD Technical Analysis – 04th MAR, 2025
NZDUSD – Near Support of Channel
NZDUSD.png
 
NZDUSD was unable to continue its Bearish momentum and after touching a low of 0.5594 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near support of channel in the 15-minutes timeframe.
We can see Bullish trend reversal: adaptative moving average 20 and Bullish price crossover with Moving Average 20 in the 15-minutes timeframe.
The prices are ranging Near horizontal support in the 1-hourly 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 are Near support of channel in the daily timeframe.
The MACD indicator: bullish divergence is visible in the weekly timeframe.
The prices of NZDUSD are ranging Near a new HIGH record (1st January) in the weekly timeframe.
NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.

#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 ...

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USDCAD Technical Analysis – 04th MAR, 2025
USDCAD – Near Horizontal Support
USDCAD.png

USDCAD was unable to continue its Bearish momentum and after touching a low of 1.4375 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 RSI indicator is back over 50 present in the 30-minutes timeframe.
We see Bullish trend reversal: Moving Average 20 in the daily timeframe.
The prices are ranging Near horizontal resistance 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 above its 100-hour SMA and its 200-hour SMA simple moving averages.

#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 ...

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USDCHF Technical Analysis – 04th MAR, 2025
USDCHF – Parabolic SAR Indicator Bearish Reversal
USDCHF.png

USDCHF was unable to continue its Bullish momentum and after touching a high of 0.9001 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Parabolic SAR indicator bearish reversal in the 1-hourly timeframe.
The Ichimoku: price is under the cloud in the 2-hourly timeframe.
The SuperTrend indicator bearish reversal is visible in the 4-hourly timeframe.
We see MACD crosses DOWN its Moving Average and Price is back under the pivot point in the weekly 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.

#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.

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