FXOpen Trader Posted Monday at 11:44 AM Share Posted Monday at 11:44 AM AUDUSD Technical Analysis – 23rd JAN, 2025 AUDUSD – Resistance of Channel is Broken AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6250 the prices have started to rise upwards against the United States Dollar today in the Asian trading session. The Resistance of Channel is Broken in the 15-minutes timeframe. The RSI indicator is back over 50 in the daily timeframe. The CCI indicator is overbought: over 100 in the 2-hourly timeframe. We can see that some of the technical indicator readings are pointing towards a Neutral market condition. It is also seen that the prices have formed a low and are now moving towards an upper circuit boundary touching the 0.6300 handle in the London trading session today. The prices are ranging Near a new LOW record (1 year) in the weekly timeframe. AUDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • Aussie Bullish reversal seen above the 0.6250 mark. • Short-term range appears to be Bullish. • AUDUSD continues to remain above the 0.6270 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 0.6305 which is a Pivot Point 1st Resistance Point. AUDUSD is now trading near to its Pivot levels of 0.6283 and is moving into a Bullish channel. The price of AUDUSD remains above its Classic support levels of 0.6268 and is moving towards its next target of 0.6333 which is a Price 2 Standard Deviations Resistance. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:45 AM Share Posted Monday at 11:45 AM EURCHF Technical Analysis – 23rd JAN, 2025 EURCHF – Near Horizontal Support EURCHF was unable to continue its bearish momentum and after touching a low of 0.9428 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 1-hourly timeframe. Also, the MACD crosses UP its Moving Average in the 1-hourly timeframe. The CCI indicator is overbought: over 100 in the 1-hourly timeframe. We have also seen that the Resistance of triangle is broken in the daily timeframe. Also, the Resistance of channel is broken in the daily timeframe. We have seen that the prices are making a Zigzag pattern towards the Ascending channel located at the resistance barrier of 0.9450. We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe. We have also seen a Bullish opening of the markets this week. EURCHF is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • EURCHF Bullish reversal seen above the 0.9428 mark. • Short-term range appears to be Bullish. • EURCHF continues to remain above the 0.9440 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 0.9460 which is a 13-Week High. EURCHF is now trading near to its Pivot levels of 0.9448 and is moving into a Bullish channel. The price of EURCHF remains above its Classic support levels of 0.9438 and is moving towards its next target of 0.9470 which is a 3-10 Day Moving Average Crossover 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:46 AM Share Posted Monday at 11:46 AM EURJPY Technical Analysis – 23rd JAN, 2025 EURJPY – Resistance of Channel is Broken EURJPY was unable to continue its bearish momentum and after touching a low of 161.88 the prices started to correct upwards against the United States Dollar today in the US Trading session. We have also seen the formation of Doji in the 15-minutes timeframe. The Resistance of channel is broken in the 1-hourly timeframe. We do see Bullish trend reversal: Moving Average 50 in the 4-hourly timeframe. We have seen that the CCI indicator is overbought: over 100 in the 4-hourly timeframe. Also, we can see the clear formation of Doji in the 4-hourly timeframe. Also, we can see Bullish trend reversal: adaptative moving average 20 in the daily timeframe. Along with it we see Bullish trend reversal: adaptative moving average 50. Also, Bullish price crossover with adaptative moving average 100 is present in the weekly timeframe. We can see that the prices are Near a new HIGH record (1st January) in the weekly timeframe. The prices have continued to range Near support of channel. EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages. • EURJPY BULLISH reversal seen above the 161.88 mark. • Short-term range appears to be Bullish. • EURJPY continues to remain above the 162.70 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 162.67 which is a 38.2% Retracement From 13 Week High. EURJPY is now trading near to its Pivot levels of 162.65 and is moving into a Bullish channel. The price of EURJPY remains above its Classic support levels of 162.25 and is moving towards its next target of 162.92 which is a 38.2% Retracement From 13 Week High. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:47 AM Share Posted Monday at 11:47 AM EURUSD Technical Analysis – 23rd JAN, 2025 EURUSD – Bullish Price Crossover EURUSD was unable to continue its bearish momentum and after touching a low of 1.0399 the prices started to correct upwards against the United States Dollar today in the US Trading session. We have seen Bullish price crossover with adaptative moving average 50 along with CCI indicator: bullish divergence in the 15-minutes timeframe. Also, the Resistance of channel is broken in the daily timeframe. We have also detected Aroon indicator bullish trend present in the daily timeframe. We see Parabolic SAR indicator bullish reversal present in the weekly timeframe. We do see Bullish price crossover with Moving Average 100 in the 15-minutes timeframe. The prices of EURUSD are now retracting from the daily highs. We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe. EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • Euro Bullish reversal seen above the 1.0399 mark. • Short-term range appears to be Bullish. • EURUSD continues to remain above the 1.0400 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 1.0461 which is a Pivot Point 1st Resistance Point. EURUSD is now trading near to its Pivot levels of 1.0424 and is moving into a Bullish channel. The price of EURUSD remains above its Classic support levels of 1.0401 and is moving towards its next target of 1.0502 which is a Price 1 Standard Deviation Resistance. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:48 AM Share Posted Monday at 11:48 AM GBPJPY Technical Analysis – 23rd JAN, 2025 GBPJPY – Bullish Trend Reversal GBPJPY was unable to continue its bearish momentum and after touching a low of 192.38 the prices started to correct upwards against the United States Dollar today in the US Trading session. We see Bullish price crossover with Moving Average 50 along with the Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe. We have seen Bullish trend reversal: adaptative moving average 20 in the 30-minutes timeframe. We do see Bullish price crossover with adaptative moving average 50 also the Ichimoku: price is over the cloud is present in the 30-minutes timeframe. The RSI indicator is back over 50 in the 1-hourly timeframe. We can see the clear formation of Bullish engulfing lines in the 1-hourly timeframe. Now we can see that some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave into the markets. Also, we do see the prices are ranging Near a new HIGH record (1 month) in the weekly timeframe. GBPJPY is now trading above its 100-hour SMA and its 200-hour SMA simple moving average. • GBPJPY Bullish reversal seen above the 192.38 mark. • Short-term range appears to be Bullish. • GBPJPY continues to remain above the 192.50 levels. • Average true range ATR is indicating High market volatility. GBPJPY is now trading near to its Pivot levels of 192.51 and is moving into a Bullish channel. The price of GBPJPY is above its Classic support levels of 192.13 and is now moving towards its next target of 192.43 at which the Price Crosses 40 Day Moving Average Stalls. We are also looking for the breach of the levels of 192.57 which is a 38.2% Retracement From 13 Week Low. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:49 AM Share Posted Monday at 11:49 AM NZDUSD Technical Analysis – 23rd JAN, 2025 NZDUSD – Resistance of Channel is Broken NZDUSD was unable to continue its bearish momentum and after touching a low of 0.5649 the prices started to decline against the United States Dollar today in the US Trading session. The Resistance of channel is broken in the 15-minutes timeframe. Some of the technical indicators are now giving a bearish to neutral stance present in the markets. We will have to take into significance the current price action so that we are able to decide about the long-term implications in the New Zealand Dollar. Also, it is very clear that some of the pattern is now in the Zigzag mode which also indicates the undecided nature of the markets. The prices of NZDUSD are ranging Near a new LOW record (1st January) in the weekly timeframe. NZDUSD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages. • Kiwi Bullish reversal seen above the 0.5649 mark. • Short-term range appears to be Bullish. • NZDUSD continues to remain above the 0.5650 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 0.5692 which is a Pivot Point 1st Resistance Point. NZDUSD is now trading below its Pivot levels of 0.5668 and is moving into a Bullish channel. The price of NZDUSD remains near its Classic support levels of 0.5656 and is now moving towards its next target of 0.5731 which is a 38.2% Retracement From 13 Week Low. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:50 AM Share Posted Monday at 11:50 AM USDCAD Technical Analysis – 23rd JAN, 2025 USDCAD – Near Horizontal Support USDCAD was unable to continue its bearish momentum and after touching a low of 1.4302 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 also see the RSI indicator: bullish divergence present in the 15-minutes timeframe. We have detected the prices are Near support of channel and Near support of triangle in the 30-minutes timeframe. Looking at the recent price action we do see that the prices are now ranging in the resistance zone that has developed across the levels of 1.4400. 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 above its 200-hour SMA simple moving averages. • Kiwi Bullish reversal seen above the 1.4302 mark. • Short-term range appears to be Bullish. • USDCAD continues to remain above the 1.4370 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 1.4398 which is a 3-10 Day Moving Average Crossover Stalls. USDCAD is now trading above its Pivot levels of 1.4346 and is moving into a Bullish channel. The price of USDCAD remains near its Classic support levels of 1.4327 and is now moving towards its next target of 1.4419 which is a Price 1 Standard Deviation Resistance. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:51 AM Share Posted Monday at 11:51 AM USDCHF Technical Analysis – 23rd JAN, 2025 USDCHF – Support of Channel is Broken USDCHF was unable to continue its bullish momentum and after touching a high of 0.9071 the prices started to decline against the United States Dollar today in the US Trading session. We have seen that the Support of Channel is Broken in the 15-minutes timeframe. Also, the Moving Average bearish crossovers: MA50 & MA100 are visible in the 15-minutes timeframe. We do see that the Previous candle closed under Bollinger bands in the 30-minutes timeframe. We can see the Bearish trend reversal: adaptative moving average 20 in the 2-hourly 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 resistance of channel in the monthly timeframe. USDCHF is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages. • USDCHF Bearish reversal seen below the 0.9071 mark. • Short-term range appears to be Bearish. • USDCHF continues to remain above the 0.9050 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.9037 at which the Price Crosses 18 Day Moving Average Stalls. USDCHF is now trading below its Pivot levels of 0.9054 and is moving into a Bearish channel. The price of USDCHF remains near its Classic support levels of 0.9038 and is now moving towards its next target of 0.8975 which is a 38.2% Retracement From 13 Week High. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:52 AM Share Posted Monday at 11:52 AM USDJPY Technical Analysis – 23rd JAN, 2025 USDJPY – Support of Channel is Broken USDJPY was unable to continue its bullish momentum and after touching a high of 156.09 the prices started to decline against the United States Dollar today in the US Trading session. We see that the Support of Channel is Broken in the 15-minutes timeframe. Also Moving Average bearish crossovers: MA20 & MA50 is visible in the 15-minutes timeframe. We also see the Bearish trend reversal: Moving Average 100 in the 30-minutes timeframe. We see Bearish trend reversal: Moving Average 50 along with the Moving Average bearish crossovers: AMA20 & AMA50 Also, we see Bearish trend reversal: adaptative moving average 50 in the 2-hourly timeframe. The prices of USDJPY are ranging near a new HIGH record (1 year) in the weekly timeframe. USDJPY is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages. • Kiwi Bearish reversal seen below the 156.09 mark. • Short-term range appears to be Bearish. • USDJPY continues to remain above the 155.18 levels. • Average true range ATR is indicating High market volatility. The next support is located at 154.96 which is a 38.2% Retracement From 13 Week High. USDJPY is now trading below its Pivot levels of 155.77 and is moving into a Bearish channel. The price of USDJPY remains near its Classic support levels of 154.17 and is now moving towards its next target of 153.40 which is a 61.8% Retracement from the 52 Week Low. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:53 AM Share Posted Monday at 11:53 AM AUDUSD Technical Analysis – 27TH JAN, 2025 AUDUSD – Support of Channel is Broken AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6307 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 have also seen the formation of Moving Average bearish crossovers: MA50 & MA100 in the 30 minutes timeframe. Also, we see MACD crosses DOWN its Moving Average present in the 30-minutes timeframe. We see the Support of channel is broken in the 1-hourly timeframe. We have detected Parabolic SAR indicator bearish reversal present in the 1-hourly timeframe. The Bearish harami is also present in the 4-hourly timeframe. AUDUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages. • Aussie Bearish reversal seen below the 0.6307 mark. • Short-term range appears to be Bearish. • AUDUSD continues to remain above the 0.6270 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 0.6270 which is a 14-3 Day Raw Stochastic at 70%. AUDUSD is now trading near to its Pivot levels of 0.6288 and is moving into a Bearish channel. The price of AUDUSD remains above its Classic support levels of 0.6271 and is moving towards its next target of 0.6257 which is a Price Crosses 9 Day Moving Average. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:54 AM Share Posted Monday at 11:54 AM EURCHF Technical Analysis – 27th JAN, 2025 EURCHF – Near Resistance of Channel EURCHF was unable to continue its bullish momentum and after touching a high of 0.9491 the prices started to decline against the United States Dollar today in the US Trading session. The prices are ranging Near Resistance of Channel in the 15-minutes timeframe. We can detect Bearish price crossover with Moving Average 20 in the 30-minutes timeframe. Also, the Support of channel is broken in the 1-hourly timeframe. We do see Bearish price crossover with adaptative moving average 20 along with the Bearish price crossover with adaptative moving average 100 in the 1-hourly timeframe. The Ichimoku: price is under the cloud in the 1-hourly timeframe. We also see Bearish trend reversal: adaptative moving average 20 in the 4-hourly timeframe. The Bearish harami is present in the 1-hourly timeframe. EURCHF is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • EURCHF Bearish reversal seen below the 0.9491 mark. • Short-term range appears to be Bearish. • EURCHF continues to remain above the 0.9450 levels. • Average true range ATR is indicating High market volatility. The next support is located at 0.9446 which is a 38.2% Retracement From 4 Week High. EURCHF is now trading near to its Pivot levels of 0.9461 and is moving into a Bearish channel. The price of EURCHF remains above its Classic support levels of 0.9442 and is moving towards its next target of 0.9427 which is a 14-3 Day Raw Stochastic at 50%. 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:55 AM Share Posted Monday at 11:55 AM GBPJPY Technical Analysis – 27th JAN, 2025 GBPJPY – Near Horizontal Resistance GBPJPY was unable to continue its bullish momentum and after touching a high of 194.54 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 have detected Bearish price crossover with adaptative moving average 100 in the 30-minutes timeframe. The Support of channel is broken in the 1-hourly timeframe. Some of the technical indicators are also giving a Bullish to Neutral stance present in the markets indicating the presence of the Consolidation wave in the markets. The prices of GBPJPY continue to range Near resistance of channel in the daily timeframe. Also Bearish price crossover with Moving Average 100 is present in the daily timeframe. Also, we do see the prices are ranging Near a new HIGH record (1 month) in the weekly timeframe. GBPJPY is now trading above its 100-hour SMA and its 200-hour SMA simple moving average. • GBPJPY Bearish reversal seen below the 194.54 mark. • Short-term range appears to be Bearish. • GBPJPY continues to remain above the 193.50 levels. • Average true range ATR is indicating Less market volatility. GBPJPY is now trading near to its Pivot levels of 193.12 and is moving into a Bearish channel. The price of GBPJPY is above its Classic support levels of 192.67 and is now moving towards its next target of 192.33 which is a Price 1 Standard Deviation Support. We are also looking for the breach of the levels of 191.99 which is a Price 2 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:56 AM Share Posted Monday at 11:56 AM NZDUSD Technical Analysis – 27th JAN, 2025 NZDUSD – Near Horizontal Support NZDUSD was unable to continue its bearish momentum and after touching a low of 0.5678 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. The RSI indicator: bullish divergence is present in the 1-hourly timeframe. We will have to take into significance the current price action so that we are able to decide about the long-term implications in the New Zealand Dollar. Also, it is very clear that some of the pattern is now in the Zigzag mode which also indicates the undecided nature of the markets. 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 Bullish reversal seen above the 0.5678 mark. • Short-term range appears to be Bullish. • NZDUSD continues to remain above the 0.5650 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 0.5687 which is a 14-3 Day Raw Stochastic at 80%. NZDUSD is now trading near to its Pivot levels of 0.5663 and is moving into a Bullish channel. The price of NZDUSD remains near its Classic support levels of 0.5645 and is now moving towards its next target of 0.5707 which is a Pivot Point 1st Resistance 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:58 AM Share Posted Monday at 11:58 AM USDCAD Technical Analysis – 27th JAN, 2025 USDCAD – Near Resistance of Channel USDCAD was unable to continue its bullish momentum and after touching a high of 1.4398 the prices started to decline against the United States Dollar today in the US Trading session. The prices are Near Resistance of Channel in the 15-minutes timeframe. Also, the prices are Near resistance of triangle in the 15-minutes timeframe. We have seen the formation of Doji in both the 1-hourly and 2-hourly timeframe. We have detected the prices are Near support of channel and Near support of triangle in the 30-minutes timeframe. We can see Momentum indicator is back under zero in the daily timeframe. 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 above its 200-hour SMA simple moving averages. • Kiwi Bearish reversal seen below the 1.4398 mark. • Short-term range appears to be Bearish. • USDCAD continues to remain above the 1.4390 levels. • Average true range ATR is indicating Less market volatility. The next support is located at 1.4377 at which the Price Crosses 18 Day Moving Average. USDCAD is now trading near to its Pivot levels of 1.4396 and is moving into a Bearish channel. The price of USDCAD remains near its Classic support levels of 1.4368 and is now moving towards its next target of 1.4365 which is a 3-10-16 Day MACD 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. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 11:59 AM Share Posted Monday at 11:59 AM AUDUSD Technical Analysis – 31ST JAN, 2025 AUDUSD – Bearish Trend Reversal AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6260 the prices have started to decline against the United States Dollar today in the Asian trading session. We can see Bearish trend reversal: Moving Average 100 present in the 2-hourly timeframe. Also, we see Bearish trend reversal: adaptative moving average 20 in the 2-hourly timeframe. We have detected that the MACD crosses DOWN its Moving Average in the 4-hourly timeframe. We can see the formation of Doji in the daily timeframe. The Momentum indicator is back under zero in the daily timeframe. We have detected Bearish harami present 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 0.6260 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 0.6183 which is a 3-10 Day Moving Average Crossover Stalls. AUDUSD is now trading near to its Pivot levels of 0.6215 and is moving into a Bearish channel. The price of AUDUSD remains above its Classic support levels of 0.6196 and is moving towards its next target of 0.6166 which is a Pivot Point 2nd Support Point. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 12:00 PM Share Posted Monday at 12:00 PM EURJPY Technical Analysis – 31ST JAN, 2025 EURJPY – Bullish Price Crossover EURJPY was unable to continue its bearish momentum and after touching a low of 160.18 the prices started to correct upwards against the United States Dollar today in the US Trading session. We have seen Bullish price crossover with Moving Average 50 in the 15-minutes timeframe. We see Bullish price crossover with adaptative moving average 50 in the 15-minutes timeframe. We have seen that the Price is back over the pivot point in the 15-minutes timeframe. The Resistance of channel is broken in the 1-hourly timeframe. We see that the prices are ranging Near support of channel in the daily timeframe. The RSI indicator: bullish divergence is visible in the daily timeframe. We see CCI indicator: bullish divergence presents in the daily timeframe. 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 Bearish reversal seen below the 160.18 mark. • Short-term range appears to be Bearish. • EURJPY continues to remain above the 160.70 levels. • Average true range ATR is indicating High market volatility. The next support is located at 160.60 which is a 14-3 Day Raw Stochastic at 20%. EURJPY is now trading near to its Pivot levels of 160.94 and is moving into a Bearish channel. The price of EURJPY remains above its Classic support levels of 160.56 and is moving towards its next target of 159.97 which is a Pivot Point 1st Support Point. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 12:01 PM Share Posted Monday at 12:01 PM EURUSD Technical Analysis – 31ST JAN, 2025 EURUSD – MACD crosses DOWN its Moving Average EURUSD was unable to continue its bullish momentum and after touching a high of 1.0432 the prices started to decline against the United States Dollar today in the US Trading session. The MACD crosses DOWN its Moving Average is visible in the 1-hourly timeframe. As we can see the CCI indicator is oversold: under -100 in the 1-hourly timeframe. Also, the MACD crosses DOWN its Moving Average can be seen in the 2-hourly timeframe. We have detected the Parabolic SAR indicator bearish reversal in the 2-hourly timeframe. Also, we can see Bearish trend reversal: Moving Average 50 along with the Bearish price crossover with adaptative moving average 100 in the 4-hourly timeframe. EURUSD is ranging Near resistance of channel 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 1.0432 mark. • Short-term range appears to be Bearish. • EURUSD continues to remain above the 1.0350 levels. • Average true range ATR is indicating High market volatility. The next support is located at 1.0328 which is a Pivot Point 1st Support Point. EURUSD is now trading near to its Pivot levels of 1.0373 and is moving into a Bearish channel. The price of EURUSD remains above its Classic support levels of 1.0348 and is moving towards its next target of 1.0313 which is a 38.2% Retracement From 4 Week Low. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 12:02 PM Share Posted Monday at 12:02 PM GBPUSD Technical Analysis – 31ST JAN, 2025 GBPUSD – Moving Average Bearish Crossovers GBPUSD was unable to continue its bullish momentum and after touching a high of 1.2471 the prices started to decline against the United States Dollar today in the US Trading session. We can see Moving Average bearish crossovers: MA20 & MA50 in the 15-minutes timeframe. We can see Bearish trend reversal: adaptative moving average 100 in the 2-hourly timeframe. Also, we see Bearish trend reversal: adaptative moving average 50 along with the Bearish price crossover with adaptative moving average 50 in the 4-hourly timeframe. As we can see the MACD indicator is back under zero in the 4-hourly timeframe. We have also detected Moving Average bearish crossovers: MA20 & MA50 in the weekly timeframe. The Bearish harami is also present in the weekly timeframe. The prices continue to range Near a new LOW record (1 month) n 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 1.2471 mark. • Short-term range appears to be Bearish. • GBPUSD continues to remain above the 1.2380 levels. • Average true range ATR is indicating High market volatility. GBPUSD is now trading near to its Pivot levels of 1.2399 and is moving into a Bearish channel. The price of GBPUSD is above its Classic support levels of 1.2366 and is now moving towards its next target of 1.2337 which is a 50% Retracement From 4 Week High/Low. We are also looking for the breach of the levels of 1.2330 at which the Price Crosses 18 Day Moving Average. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 12:03 PM Share Posted Monday at 12:03 PM USDCAD Technical Analysis – 31ST JAN, 2025 USDCAD – Moving Average Bullish Crossovers USDCAD was unable to continue its bearish momentum and after touching a low of 1.4374 the prices started to correct upwards against the United States Dollar today in the US Trading session. We can see Moving Average bullish crossovers: MA50 & MA100 present in the 4-hourly timeframe. The Resistance of channel is broken in the daily timeframe. We do see that the MACD crosses UP its Moving Average in the daily timeframe. Also, it is clear that the Price is back over the pivot point in the daily timeframe. As we can see the Resistance of channel is broken in the weekly 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 above its 200-hour SMA simple moving averages. • Kiwi Bullish reversal seen above the 1.4374 mark. • Short-term range appears to be Bullish. • USDCAD continues to remain above the 1.4530 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 1.4591 which is a 1-Month High. USDCAD is now trading near to its Pivot levels of 1.4531 and is moving into a Bullish channel. The price of USDCAD remains near its Classic support levels of 1.4468 and is now moving towards its next target of 1.4594 which is a 3-10 Day Moving Average Crossover Stalls. Link to comment Share on other sites More sharing options...
FXOpen Trader Posted Monday at 12:04 PM Share Posted Monday at 12:04 PM USDCHF Technical Analysis – 31ST JAN, 2025 USDCHF – Resistance of Channel is Broken USDCHF was unable to continue its bearish momentum and after touching a low of 0.9071 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. The CCI indicator is overbought: over 100 in the 1-hourly timeframe. We have seen the formation of Bullish harami in the 1-hourly timeframe. As we can see Pivot points: price is over resistance 2 in the 4-hourly 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 resistance of channel in the monthly timeframe. USDCHF is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • USDCHF Bullish reversal seen above the 0.9071 mark. • Short-term range appears to be Bullish. • USDCHF continues to remain above the 0.9150 levels. • Average true range ATR is indicating High market volatility. The next resistance is located at 0.9182 which is a Price 2 Standard Deviations Resistance. USDCHF is now trading near to its Pivot levels of 0.9164 and is moving into a Bullish channel. The price of USDCHF remains near its Classic support levels of 0.9151 and is now moving towards its next target of 0.9200 which is a 1-Month High. Link to comment Share on other sites More sharing options...
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