Jump to content

Daily Market Analytics - Forex


Recommended Posts

EURUSD Technical Analysis – 30th SEP, 2024
EURUSD – Parabolic SAR Indicator Bearish Reversal
afvi56c.png
 
EURUSD was unable to continue its bullish momentum and after touching a high of 1.1208 the prices started to decline against the United States Dollar today in the US Trading session.
The Parabolic SAR indicator bearish reversal is visible in the 15-minutes timeframe.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.

We have also detected the formation of a Long black line in the 15-minutes timeframe.
We have also seen Moving Average bearish crossovers: AMA20 & AMA50 in the 30-minutes timeframe.
The Support of channel is broken in the 1-hourly timeframe.
The Ichimoku: price is under the cloud in the 2-hourly timeframe.

We can see that the SuperTrend indicator bearish reversal is seen in the 2-hourly timeframe.
The prices of EURUSD are ranging Near resistance of channel in the daily timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bearish reversal seen below the 1.1208 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.1120 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 1.1124 which is a Pivot Point 1st Support Point.
EURUSD is now trading below its Pivot levels of 1.1154 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1132 and is moving towards its next target of 1.1113 at which the Price Crosses 9 Day Moving Average Stalls.

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

GBPUSD Technical Analysis – 30th SEP, 2024
GBPUSD – Bearish Trend Reversal Pattern
gKknFKS.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3422 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 20 in the 30-minutes timeframe.
The RSI indicator: bullish divergence is seen in the 30-minutes timeframe.
The prices of GBPUSD are ranging Near resistance of channel in the 1-hourly timeframe.

We can see the Bearish price crossover with Moving Average 100 in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 1-hourly timeframe.
The prices of GBPUSD are back under the pivot point in the 1-hourly timeframe.
The Aroon indicator bearish trend is visible in the 4-hourly timeframe.

We have also detected the RSI indicator: bearish divergence in the weekly timeframe.
The GBPUSD is ranging Near a new HIGH 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 1.3422 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.3370 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading below its Pivot levels of 1.3400 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3378 and is now moving towards its next target of 1.3347 which is a 14-3 Day Raw Stochastic at 80%.
We are also looking for the breach of the levels of 1.3345 which is a Pivot Point 1st Support Point.

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

NZDUSD Technical Analysis – 30th SEP, 2024
NZDUSD – Bearish Trend Reversal Pattern
uA3S6qF.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6375 the prices started to decline against the United States Dollar today in the US Trading session.
The Bearish trend reversal: Moving Average 100 is visible in the 15-minutes timeframe.
We can also see Bearish trend reversal: Moving Average 20 in the 30-minutes timeframe.
We can see Bearish trend reversal: adaptative moving average 50 in the 30-minutes timeframe.

The Parabolic SAR indicator bearish reversal is visible in the 1-hourly timeframe.
We can detect MACD indicator: bearish divergence in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 2-hourly timeframe.
The prices of NZDUSD are ranging Near horizontal resistance 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 0.6375 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.6340 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 0.6334 which is a Pivot Point.
NZDUSD is now trading below its Pivot levels of 0.6374 and is moving into a Bearish channel.
The price of NZDUSD remains below its Classic support levels of 0.6361 and is now moving towards its next target of 0.6315 which is a 14-3 Day Raw Stochastic at 80%.

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

AUDUSD Technical Analysis – 01st OCT, 2024
AUDUSD – Support of Channel is Broken
PG0Tb56.png
 
AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6939 the prices started to decline against the United States Dollar today in the US Trading session.
We can see the formation of Moving Average bearish crossovers: MA20 & MA50 in the 15-minutes timeframe.
The Support of channel is broken in the 15-minutes timeframe.

We have seen that the Momentum indicator is back under zero in the 4-hourly timeframe.
The RSI indicator: bearish divergence is visible in the daily timeframe.
The prices of AUDUSD are ranging Near horizontal resistance in the weekly timeframe.
The levels are also Near resistance of triangle in the monthly timeframe.

Some of the technical indicators are also giving a Neutral stance in the markets.
AUDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Aussie Bearish reversal seen below the 0.6939 mark.
•    Short-term range appears to be Bearish.
•    AUDUSD continues to remain above the 0.6900 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6894 which is a Pivot Point 1st Support Point.
AUDUSD is now trading below its Pivot levels of 0.6909 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6889 and is moving towards its next target of 0.6877 which is a 14-3 Day Raw Stochastic at 80%.

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

EURUSD Technical Analysis – 01st OCT, 2024
EURUSD – Support of Channel is Broken
hMVZDUt.png
 
EURUSD was unable to continue its bullish momentum and after touching a high of 1.1176 the prices started to decline against the United States Dollar today in the US Trading session.
The Support of channel is broken in the daily timeframe.
The Bearish trend reversal: Moving Average 20 is visible in the 4-hourly timeframe.
We have also detected Bearish trend reversal: adaptative moving average 100 in the 4-hourly timeframe.

We have also seen Bearish price crossover with Moving Average 100 in the 4-hourly timeframe.
The Horizontal support is broken in the daily timeframe.
We can also see the Bearish price crossover with Moving Average 20 in the daily timeframe.
The RSI indicator is back under 50 in the daily timeframe.

We have also seen Parabolic SAR indicator bearish reversal in the daily timeframe. Along with the RSI indicator: bearish divergence is seen 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 1.1176 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.1080 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 1.1083 which is a 38.2% Retracement From 4 Week Low.
EURUSD is now trading below its Pivot levels of 1.1101 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1064 and is moving towards its next target of 1.1076 which is a Price 3 Standard Deviations Support.

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

GBPUSD Technical Analysis – 01st OCT, 2024
GBPUSD – Support of Channel Is Broken
dX9CFFJ.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3414 the prices started to decline against the United States Dollar today in the US Trading session.
We can see that the Support of channel is broken in the 1-hourly timeframe.
We have seen Moving Average bearish crossovers: AMA20 & AMA50 in the 1-hourly timeframe.
The Bearish trend reversal: Moving Average 20 is visible in the 4-hourly timeframe.

We can see the Bearish trend reversal: adaptative moving average 50 in the 4-hourly timeframe.
The MACD indicator is back under zero in the 4-hourly timeframe.
We can see Ichimoku - Bearish crossover: Tenkan & Kijun in the 4-hourly timeframe.
The RSI indicator: bearish divergence is visible in the weekly timeframe.
We have also detected the CCI indicator: bearish divergence in the weekly timeframe.

Now we can see the formation of Bearish engulfing lines in the weekly timeframe. The Resistance of channel is broken in the monthly 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 1.3414 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.3310 levels.
•    Average true range ATR is indicating Less market volatility.

GBPUSD is now trading below its Pivot levels of 1.3329 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3303 and is now moving towards its next target of 1.3310 which is a Pivot Point 2nd Support Point.
We are also looking for the breach of the levels of 1.3304 which is a Price 3 Standard Deviations Support.

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

NZDUSD Technical Analysis – 01st OCT, 2024
NZDUSD – Support of Channel Is Broken
k2yOQbr.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6375 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.
The Ichimoku: price is under the cloud in the 1-hourly timeframe.
We can see Ichimoku - Bearish crossover: Tenkan & Kijun in the 1-hourly timeframe.

The Bearish price crossover with Moving Average 50 is visible in the 2-hourly timeframe.
We can detect Bearish price crossover with adaptative moving average 100 in the 2-hourly timeframe.
The Horizontal support is broken in the daily timeframe.
The prices of NZDUSD are ranging Near horizontal resistance in the weekly timeframe. The Resistance of channel is broken in the weekly timeframe.
We have also detected the formation of Bearish Harami 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 0.6375 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.6300 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6308 which is a Pivot Point 2nd Support Point.
NZDUSD is now trading below its Pivot levels of 0.6321 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.6304 and is now moving towards its next target of 0.6296 which is a 14-3 Day Raw Stochastic at 70%.

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

AUDUSD Technical Analysis – 03rd OCT, 2024
AUDUSD – Support of Channel is Broken
GsLb3tT.png
 
AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6897 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 the formation of Bearish engulfing lines in the 15-minutes timeframe.
We have seen that the Pivot points: price is under support 3 in the 2-hourly timeframe indicating a Neutral market.

The prices of AUDUSD are ranging Near horizontal resistance in the weekly timeframe.
The prices of AUDUSD is back under the pivot point in the weekly timeframe.
The RSI indicator: bearish divergence is also visible in the weekly timeframe.

AUDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
•    Aussie Bearish reversal seen below the 0.6897 mark.
•    Short-term range appears to be Bearish.
•    AUDUSD continues to remain above the 0.6840 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6844 which is a Price 3 Standard Deviations Support.
AUDUSD is now trading near to its Pivot levels of 0.6845 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6832 and is moving towards its next target of 0.6828 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

EURUSD Technical Analysis – 03rd OCT, 2024
EURUSD – Near Horizontal Resistance
5le1Soy.png
 
EURUSD was unable to continue its bullish momentum and after touching a high of 1.1054 the prices 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 Moving Average 20 in the 15-minutes timeframe.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.

We can also see the formation of Bearish price crossover with adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator is back under 50 in the 30-minutes timeframe.
We can see the presence of Bearish engulfing lines in the 30-minutes timeframe
We have also detected Bearish price crossover with adaptative moving average 50 in the daily timeframe.
The Parabolic SAR indicator bearish reversal is visible in the daily timeframe.

EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bearish reversal seen below the 1.1054 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.1030 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 1.1035 at which the Price Crosses 18 Day Moving Average Stalls.
EURUSD is now trading near to its Pivot levels of 1.1042 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1030 and is moving towards its next target of 1.1016 which is a 3-10 Day Moving Average Crossover 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

GBPUSD Technical Analysis – 03rd OCT, 2024
GBPUSD – Support of Channel is Broken
QlB3DNg.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3274 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 20 in the daily timeframe.
The Bearish price crossover with adaptative moving average 20 is visible in the daily timeframe.
The RSI indicator is back under 50 in the daily timeframe.

We can see that the SuperTrend indicator bearish reversal is visible in the daily timeframe.
Also the Momentum indicator is back under zero in the daily timeframe.
The RSI indicator: bearish divergence is visible in the weekly timeframe.
We have also detected the CCI indicator: bearish divergence in the weekly timeframe.

Now we can see the formation of Bearish engulfing lines in the weekly timeframe. GBPUSD is ranging Near horizontal resistance in the monthly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bearish reversal seen below the 1.3274 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.3100 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.3108 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3071 and is now moving towards its next target of 1.3081 which is a Price 3 Standard Deviations Support.
We are also looking for the breach of the levels of 1.3073 at which the Price Crosses 18 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

NZDUSD Technical Analysis – 03rd OCT, 2024
NZDUSD – Support of Channel Is Broken
JCh4wZ4.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6277 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 20 in the daily timeframe.
The RSI indicator is back under 50 in the daily timeframe.

The MACD crosses DOWN its Moving Average in the daily timeframe.
We can also detect Bearish price crossover with adaptative moving average 100 in the weekly timeframe.
Some of the technical indicators are also giving a Neutral stance in the markets which indicates the presence of the consolidation wave.
NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
•    Kiwi Bearish reversal seen below the 0.6277 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.6200 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6209 which is a Price 1 Standard Deviation Support.
NZDUSD is now trading below its Pivot levels of 0.6222 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.6206 and is now moving towards its next target of 0.6190 at which the Price Crosses 40 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

AUDUSD Technical Analysis – 07th OCT, 2024
AUDUSD – Bearish Trend Reversal Pattern
wxWX5MS.png
 
AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6809 the prices started to decline against the United States Dollar today in the US Trading session.
We have seen Bearish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
The prices are ranging Near horizontal resistance in the 15-minutes timeframe.
We have seen Bearish trend reversal: adaptative moving average 20 in the daily timeframe.
The Momentum indicator is back under zero in the daily timeframe.

The prices of AUDUSD are ranging Near horizontal resistance in the weekly timeframe.
The prices of AUDUSD are Near resistance of triangle in the monthly timeframe.
We have seen Bearish opening of the markets this week.
AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Aussie Bearish reversal seen below the 0.6809 mark.
•    Short-term range appears to be Bearish.
•    AUDUSD continues to remain above the 0.6780 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6778 which is a 14-3 Day Raw Stochastic at 20%.
AUDUSD is now trading near to its Pivot levels of 0.6786 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6771 and is moving towards its next target of 0.6763 at which the Price Crosses 40 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

EURUSD Technical Analysis – 07th OCT, 2024
EURUSD – Near Horizontal Resistance
0RogafC.png
 
EURUSD was unable to continue its bullish momentum and after touching a high of 1.0976 the prices 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 50 in the 30-minutes timeframe.
We have also detected Bearish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
We can also see the formation of Bearish Harami pattern in the 2-hourly timeframe.
The Support of channel is broken in the daily timeframe.

The prices of EURUSD are ranging Near resistance of triangle in the weekly timeframe.
We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe.
We have also seen a Bearish opening of the markets this week.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bearish reversal seen below the 1.0976 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.0970 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 1.0951 which is a 1-Month Low.
EURUSD is now trading near to its Pivot levels of 1.0965 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0948 and is moving towards its next target of 1.0944 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 FXOpen Blog

Link to comment
Share on other sites

GBPUSD Technical Analysis – 07th OCT, 2024
GBPUSD – Moving Average Bearish Crossovers
E6X9uoC.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3133 the prices started to decline against the United States Dollar today in the US Trading session.
We have seen Moving Average bearish crossovers: AMA20 & AMA50 in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 2-hourly timeframe.
We can detect Bearish price crossover with adaptative moving average 50 in the daily timeframe.
The SuperTrend indicator bearish reversal is visible in the daily timeframe.

We can also see the CCI indicator is oversold: under -100 in the 1-hourly timeframe.
We have seen Bearish opening of the markets this week.
Now we can see that some of the technical indicators are giving a Bullish to Neutral stance in the markets which indicates the presence of the consolidation wave into the markets.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bearish reversal seen below the 1.3133 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.3080 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.3077 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3046 and is now moving towards its next target of 1.3071 which is a Pivot Point 1st Support Point.
We are also looking for the breach of the levels of 1.3049 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

Link to comment
Share on other sites

NZDUSD Technical Analysis – 07th OCT, 2024
NZDUSD – Near Horizontal Resistance
GtKhtPy.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6172 the prices 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.
The Support of channel is broken in the daily timeframe.
We have detected Bearish trend reversal: adaptative moving average 50 in the daily timeframe.
Also, the Bearish trend reversal: adaptative moving average 50 can be seen in the daily timeframe.

We can also detect the formation of Three black crows in the daily timeframe.
We can see Bearish trend reversal: adaptative moving average 100 in the weekly timeframe.
The prices of NZDUSD are ranging Near a new LOW record (1st January) 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 0.6172 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.6140 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6137 at which the Price Crosses 18 Day Moving Average Stalls.
NZDUSD is now trading below its Pivot levels of 0.6147 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.6134 and is now moving towards its next target of 0.6129 which is a Pivot Point 1st 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

AUDUSD Technical Analysis – 14th OCT, 2024
AUDUSD – Support of Channel is Broken
J6g1BS0.png
 
AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6758 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 1-hourly timeframe.
We can see Ichimoku - Bearish crossover: Tenkan & Kijun in the 1-hourly timeframe.
The Support of channel is broken in the daily timeframe.
We have also seen Bearish price crossover with Moving Average 50 in the daily timeframe.

We can detect Bearish price crossover with adaptative moving average 50 in the daily timeframe.
The MACD indicator is back under zero indicating bearish tendencies.
The prices of AUDUSD are ranging Near resistance of triangle in the weekly timeframe.
We have also seen Bearish opening of the markets this week.

AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Aussie Bearish reversal seen below the 0.6758 mark.
•    Short-term range appears to be Bearish.
•    AUDUSD continues to remain above the 0.6700 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6696 which is a Pivot Point 3rd Support Point.
AUDUSD is now trading near to its Pivot levels of 0.6710 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6684 and is moving towards its next target of 0.6685 which is a 61.8% Retracement from the 52 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 FXOpen Blog

Link to comment
Share on other sites

EURUSD Technical Analysis – 14th OCT, 2024
EURUSD – Support of Channel is Broken
K3qjIrG.png
 
EURUSD was unable to continue its bullish momentum and after touching a high of 1.0945 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 the formation of Three black crows in the 1-hourly timeframe.
We have also detected Moving Average bearish crossovers: AMA20 & AMA50 in the daily timeframe.

We can also see Bearish price crossover with Moving Average 100 in the daily timeframe.
We can see Ichimoku: price is under the cloud in the daily timeframe.
Also, we can see Bearish price crossover with adaptative moving average 20 in the weekly timeframe.
The MACD crosses DOWN its Moving Average in the weekly timeframe.

We have also seen a Bearish opening of the markets this week.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bearish reversal seen below the 1.0945 mark.
•    Short-term range appears to be Bearish.
•    EURUSD continues to remain above the 1.0900 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 1.0899 which is a Price 2 Standard Deviations Support.
EURUSD is now trading near to its Pivot levels of 1.0915 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0891 and is moving towards its next target of 1.0873 which is a 14 Day RSI 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

GBPUSD Technical Analysis – 14th OCT, 2024
GBPUSD – Support of Channel is Broken
vHYZus2.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3066 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 50 in the 30-minutes timeframe.
The MACD indicator is back under zero in the 30-minutes timeframe.

We have seen Bearish trend reversal: Moving Average 20 in the 1-hourly timeframe.
We have also detected Bearish trend reversal: adaptative moving average 20 in the 1-hourly timeframe.
We have seen Parabolic SAR indicator bearish reversal in the 1-hourly timeframe.

Also, we see Bearish trend reversal: adaptative moving average 20 in the 2-hourly timeframe.
The Price is back under the pivot point in the 4-hourly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bearish reversal seen below the 1.3066 mark.
•    Short-term range appears to be Bearish.
•    GBPUSD continues to remain above the 1.3040 levels.
•    Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to its Pivot levels of 1.3059 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3035 and is now moving towards its next target of 1.3046 which is a Price 3 Standard Deviations Support.
We are also looking for the breach of the levels of 1.3034 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

NZDUSD Technical Analysis – 14th OCT, 2024
NZDUSD – Support of Channel is Broken
ClKSuyE.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6098 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 prices of NZDUSD are ranging Near resistance of channel in the 1-hourly timeframe.
We can see Bearish price crossover with Moving Average 20 in the 1-hourly timeframe.

We have also seen Bearish price crossover with adaptative moving average 100 in the 1-hourly timeframe.
We see MACD crosses DOWN its Moving Average in the 1-hourly timeframe.
The Ichimoku: price is under the cloud in the 1-hourly timeframe.

We have also seen Bearish price crossover with adaptative moving average 20 in the 4-hourly 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 0.6098 mark.
•    Short-term range appears to be Bearish.
•    NZDUSD continues to remain above the 0.6080 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6076 which is a 50% Retracement From 52 Week High/Low.
NZDUSD is now trading below its Pivot levels of 0.6085 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.6074 and is now moving towards its next target of 0.6066 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

AUDUSD Technical Analysis – 17th OCT, 2024
AUDUSD – Resistance of Channel is Broken
rusQMdL.png
 
AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6658 the prices have started to rise 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 also see Ichimoku - Bullish crossover: Tenkan & Kijun in the 1-hourly timeframe.
We have seen Bullish trend reversal: adaptative moving average 20 in the 4-hourly timeframe.

The prices of AUDUSD are ranging Near support of channel in the daily timeframe.
We have also seen Bullish price crossover with Moving Average 100 in the daily timeframe.
The Ichimoku: price is over the cloud in the daily timeframe.

We can see the formation of Bullish engulfing lines in the daily timeframe.
The AUDUSD is ranging Near a new HIGH record (1 year) in the weekly timeframe.
AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Aussie Bullish reversal seen above the 0.6658 mark.
•    Short-term range appears to be Bullish.
•    AUDUSD continues to remain above the 0.6690 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 0.6704 at which the Price Crosses 40 Day Moving Average Stalls.
AUDUSD is now trading near to its Pivot levels of 0.6699 and is moving into a Bullish channel.
The price of AUDUSD remains above its Classic support levels of 0.6686 and is moving towards its next target of 0.6715 which is a 38.2% Retracement From 13 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 FXOpen Blog

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...