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EURUSD Technical Analysis – 09th SEP, 2024
EURUSD – Horizontal Support is Broken
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EURUSD was unable to continue its bullish momentum and after touching a high of 1.1146 the prices started to decline against the United States Dollar on Friday and today in the European Trading session.
We can see that the Horizontal support is broken in the 1-hourly timeframe.
We have seen Bearish trend reversal: adaptative moving average 100 in the 4-hourly timeframe.
The MACD indicator is back under zero in the 4-hourly timeframe.

We have also detected Bearish price crossover with Moving Average 20 in the daily timeframe.
The Aroon indicator bearish trend is visible in the daily timeframe.
The price of EURUSD is ranging Near resistance of channel in the weekly timeframe.
We have also detected the formation of Bearish Harami pattern 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 1.1146 mark.
•    Short-term range appears to be Strong Bearish.
•    EURUSD continues to remain above the 1.1040 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 1.1037 which is a Price 3 Standard Deviations Support.
EURUSD is now trading below its Pivot levels of 1.1052 and is moving into a Strong Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1023 and is moving towards its next target of 1.1021 which is a 38.2% Retracement From 4 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.

For in-depth analysis, please check FXOpen Blog

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GBPUSD Technical Analysis – 09th SEP, 2024
GBPUSD – Support of Channel is Broken
fQkJTsY.png
 
GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3233 the prices started to decline sharply against the United States Dollar on Friday and today in the European Trading session.
We can see that the Support of channel is broken in the 1-hourly timeframe.
We can also see Bearish trend reversal: Moving Average 20 in the 4-hourly timeframe.
The Momentum indicator is back under zero in the daily timeframe.

We can also see the Bearish price crossover with Moving Average 20 in the daily timeframe.
The prices of GBPUSD are ranging Near horizontal resistance in the weekly timeframe.
We have also seen Bearish opening of the markets this week.
The prices of GBPUSD are ranging Near a new LOW record (1 month) 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 1.3233 mark.
•    Short-term range appears to be Strong Bearish.
•    GBPUSD continues to remain above the 1.3070 levels.
•    Average true range ATR is indicating Less market volatility.

GBPUSD is now trading below its Pivot levels of 1.3092 and is moving into a Strong Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3068 and is now moving towards its next target of 1.3062 which is a 14-3 Day Raw Stochastic at 30%.
We are also looking for the breach of the levels of 1.3038 which is a 14 Day RSI 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.

For in-depth analysis, please check FXOpen Blog

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NZDUSD Technical Analysis – 09th SEP, 2024
NZDUSD – Support of Channel is Broken
DdDPy6d.png
 
NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6253 the prices started to decline sharply against the United States Dollar on Friday and today in the European Trading session.
We can see that the Support of channel is broken in the daily timeframe.
We have seen Bearish price crossover with Moving Average 20 in the daily timeframe.
We have also detected Bearish price crossover with adaptative moving average 20 in the daily timeframe.
The RSI indicator is back under 50 in the daily timeframe.

The Momentum indicator is back under zero in the daily timeframe.
The prices of NZDUSD are ranging Near resistance of channel in the weekly timeframe.
We have also detected Bearish price crossover with adaptative moving average 50 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 0.6253 mark.
•    Short-term range appears to be Strong Bearish.
•    NZDUSD continues to remain above the 0.6120 levels.
•    Average true range ATR is indicating Less market volatility.

The next support is located at 0.6112 which is a Price 3 Standard Deviations Support.
NZDUSD is now trading below its Pivot levels of 0.6138 and is moving into a Strong Bearish channel.
The price of NZDUSD remains below its Classic support levels of 0.6132 and is now moving towards its next target of 0.6098 which is a 38.2% Retracement From 4 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.

For in-depth analysis, please check FXOpen Blog

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AUDUSD Technical Analysis – 10th SEP, 2024
AUDUSD – Aroon Indicator Bullish Trend
UdxTa5q.png
 
AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6644 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Aroon indicator bullish trend is visible in the 2-hourly timeframe.
The price of AUDUSD is back over the pivot point in the 4-hourly timeframe.
The prices of AUDUSD are ranging Near support of channel in the daily timeframe.

The prices of AUDUSD are Near support of triangle in the monthly timeframe.
Some of the technical indicators are also giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.
The price of Aussie is Near a new LOW record (1st January) 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 0.6644 mark.
•    Short-term range appears to be Mild Bullish.
•    AUDUSD continues to remain above the 0.6650 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 0.6676 which is a Monthly High.
AUDUSD is now trading near to its Pivot levels of 0.6669 and is moving into a Mild Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6657 and is moving towards its next target of 0.6683 which is a 14-3 Day Raw Stochastic at 20%.

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

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EURUSD Technical Analysis – 10th SEP, 2024
EURUSD – CCI Indicator: Bullish Divergence
kOHQr3I.png
 
EURUSD was unable to continue its bearish momentum and after touching a low of 1.1027 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see CCI indicator: bullish divergence in the 4-hourly timeframe.
The prices of EURUSD are ranging Near support of channel in the daily timeframe.
We can also see that the prices are Near horizontal support in the 15-minutes timeframe.

Some of the technical indicators are also giving a Neutral to Bearish stance of the markets which indicates the presence of the consolidation wave in the markets.
We have also detected that the prices are Near a new HIGH record (1 month) in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bullish reversal seen above the 1.1027 mark.
•    Short-term range appears to be Mild Bullish.
•    EURUSD continues to remain above the 1.1030 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 1.1055 which is a 50% Retracement From 4 Week High/Low.
EURUSD is now trading near to its Pivot levels of 1.1034 and is moving into a Mild Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1017 and is moving towards its next target of 1.1061 which is a 14-3 Day Raw Stochastic at 20%.

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

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GBPUSD Technical Analysis – 10th SEP, 2024
GBPUSD – Bullish Trend Reversal Pattern
XIHwdGt.png
 
GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3057 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
The prices of GBPUSD are ranging Near support of channel in the 15-minutes timeframe.
The RSI indicator is back over 50 in the 1-hourly timeframe.

We can also see that the prices are Near support of channel in the weekly timeframe.
The Resistance of channel is broken in the monthly timeframe.
The prices of GBPUSD are ranging Near a new HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bullish reversal seen above the 1.3057 mark.
•    Short-term range appears to be Mild Bullish.
•    GBPUSD continues to remain above the 1.3070 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading below its Pivot levels of 1.3093 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3074 and is now moving towards its next target of 1.3087 which is a 14-3 Day Raw Stochastic at 30%.
We are also looking for the breach of the levels of 1.3116 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.

For in-depth analysis, please check FXOpen Blog

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NZDUSD Technical Analysis – 10th SEP, 2024
NZDUSD – Bullish Price Crossover Pattern
iekE46Z.png
 
NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6130 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish price crossover with adaptative moving average 20 in the 2-hourly timeframe.
The prices of NZDUSD are ranging Near support of channel in the daily timeframe.
We have also detected that the MACD indicator is back over zero in the 1-hourly timeframe.

The prices of NZDUSD are back over the pivot point in the daily timeframe.
The Williams percent range indicator is back over -50 in the 30-minutes timeframe.
The prices of NZDUSD are Near a new HIGH record (1 year) in the weekly timeframe.
Some of the technical indicators are also giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.

NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Kiwi Bullish reversal seen above the 0.6130 mark.
•    Short-term range appears to be Mild Bullish.
•    NZDUSD continues to remain above the 0.6150 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 0.6159 which is a 14-3 Day Raw Stochastic at 20%.
NZDUSD is now trading below its Pivot levels of 0.6158 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6137 and is now moving towards its next target of 0.6174 which is a 38.2% Retracement From 4 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.

For in-depth analysis, please check FXOpen Blog

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AUDUSD Technical Analysis – 11th SEP, 2024
AUDUSD – Moving Average Bullish Crossovers
xGp3gp7.png
 
AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6640 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Moving Average bullish crossovers: AMA50 & AMA100 in the 15-minutes timeframe.
We can see Bullish trend reversal: adaptative moving average 50 in the 1-hourly timeframe.
The Parabolic SAR indicator bullish reversal is visible in the 1-hourly timeframe.

We have also seen Bullish engulfing lines in the 4-hourly timeframe.
The price of AUDUSD is back over the pivot point in the 4-hourly timeframe.
The price of Aussie is ranging Near support of channel in the daily timeframe.
We can see Aussie is Near a new HIGH record (1 month) 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 0.6640 mark.
•    Short-term range appears to be Mild Bullish.
•    AUDUSD continues to remain above the 0.6650 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6669 at which the Price Crosses 18 Day Moving Average Stalls.
AUDUSD is now trading near to its Pivot levels of 0.6661 and is moving into a Mild Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6648 and is moving towards its next target of 0.6689 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.

For in-depth analysis, please check FXOpen Blog

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EURUSD Technical Analysis – 11th SEP, 2024
EURUSD – Resistance of Channel is Broken
xNwmzok.png
 
EURUSD was unable to continue its bearish momentum and after touching a low of 1.1014 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Resistance of channel is broken in the 1-hourly timeframe.
The RSI indicator is back over 50 in the daily timeframe.

The prices of EURUSD are ranging Near support of channel in the daily timeframe.
Some of the technical indicators are also giving a Neutral to Bearish stance of the markets which indicates the presence of the consolidation wave in the markets.
We have also detected that the prices are Near a new HIGH record (1 year) in the weekly timeframe.

EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bullish reversal seen above the 1.1014 mark.
•    Short-term range appears to be Mild Bullish.
•    EURUSD continues to remain above the 1.1040 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.1052 which is a 14-3 Day Raw Stochastic at 20%.
EURUSD is now trading near to its Pivot levels of 1.1045 and is moving into a Mild Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1032 and is moving towards its next target of 1.1057 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.

For in-depth analysis, please check FXOpen Blog

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GBPUSD Technical Analysis – 11th SEP, 2024
GBPUSD – Bullish Price Crossover Pattern
xuuSgcq.png
 
GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3048 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish price crossover with Moving Average 50 in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator is back over 50 in the 30-minutes timeframe.

The Resistance of channel is broken in the 1-hourly timeframe.
We have also detected the formation of Bullish price crossover with adaptative moving average 50 in the 1-hourly timeframe.
The MACD crosses UP its Moving Average in the 4-hourly timeframe.
We can also see Parabolic SAR indicator bullish reversal in the 4-hourly timeframe.

GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bullish reversal seen above the 1.3048 mark.
•    Short-term range appears to be Mild Bullish.
•    GBPUSD continues to remain above the 1.3090 levels.
•    Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to is Pivot levels of 1.3091 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3076 and is now moving towards its next target of 1.3108 which is a Pivot Point 1st Resistance Point.
We are also looking for the breach of the levels of 1.3114 which is a 14-3 Day Raw Stochastic at 30%.

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

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NZDUSD Technical Analysis – 11th SEP, 2024
NZDUSD – Moving Average Bullish Crossovers
kCkB5DY.png
 
NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6135 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Moving Average bullish crossovers: AMA20 & AMA50 in the 30-minutes timeframe.
The prices of NZDUSD are ranging Near horizontal support in the 1-hourly timeframe.
We have also detected Bullish trend reversal: adaptative moving average 20 in the 1-hourly timeframe.

We can see the formation of Parabolic SAR indicator bullish reversal in the 1-hourly timeframe.
The Momentum indicator is back over zero in the 1-hourly timeframe.
We can also see Bullish price crossover with Moving Average 20 in the 2-hourly timeframe.
The RSI indicator: bullish divergence is visible in the 4-hourly timeframe.

We have also seen MACD indicator: bullish divergence in the 4-hourly timeframe.
NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Kiwi Bullish reversal seen above the 0.6135 mark.
•    Short-term range appears to be Mild Bullish.
•    NZDUSD continues to remain above the 0.6150 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6159 which is a 14-3 Day Raw Stochastic at 20%.
NZDUSD is now trading below its Pivot levels of 0.6151 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6147 and is now moving towards its next target of 0.6176 which is a 14-3 Day Raw Stochastic at 30%.

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

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AUDUSD Technical Analysis – 12th SEP, 2024
AUDUSD – Bullish Price Crossover Pattern
aAgL8UB.png
 
AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6622 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Bullish price crossover with 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 seen the formation of Doji in the 2-hourly timeframe which indicates Neutral markets.
Some of the technical indicators are giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.
We can see Aussie is Near a new HIGH record (1 month) in the weekly timeframe.

AUDUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
•    Aussie Bullish reversal seen above the 0.6622 mark.
•    Short-term range appears to be Mild Bullish.
•    AUDUSD continues to remain above the 0.6670 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6683 which is a Price 1 Standard Deviation Resistance.
AUDUSD is now trading near to its Pivot levels of 0.6675 and is moving into a Mild Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6662 and is moving towards its next target of 0.6693 which is a 14 Day RSI 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.

For in-depth analysis, please check FXOpen Blog

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EURUSD Technical Analysis – 12th SEP, 2024
EURUSD – Ichimoku - Bullish crossover: Tenkan & Kijun
OjAIAaZ.png
 
EURUSD was unable to continue its bearish momentum and after touching a low of 1.1001 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Ichimoku - Bullish crossover: Tenkan & Kijun in the 15-minutes timeframe.
The MACD indicator is back over zero in the 30-minutes timeframe.

We can see the formation of Bullish trend reversal: Moving Average 20 in the 1-hourly timeframe.
We can also see Aroon indicator bullish trend present in the 1-hourly timeframe.
The MACD indicator: bullish divergence is visible in the 4-hourly timeframe.

The prices of EURUSD are ranging Near support of channel in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bullish reversal seen above the 1.1001 mark.
•    Short-term range appears to be Mild Bullish.
•    EURUSD continues to remain above the 1.1020 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.1034 which is a 14 Day RSI at 50%.
EURUSD is now trading near to its Pivot levels of 1.1015 and is moving into a Mild Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1002 and is moving towards its next target of 1.1044 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.

For in-depth analysis, please check FXOpen Blog

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GBPUSD Technical Analysis – 12th SEP, 2024
GBPUSD – Horizontal Resistance is Broken
RM161kd.png
 
GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3001 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Horizontal resistance is broken in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
The RSI indicator is back over 50 in the 1-hourly timeframe.

The Price is back over the pivot point in the 2-hourly timeframe.
We have also detected that the RSI indicator is back over 50 in the daily timeframe.
The prices of GBPUSD are ranging Near support of channel in the weekly timeframe.

We can also see that the prices are Near a new HIGH 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 Bullish reversal seen above the 1.3001 mark.
•    Short-term range appears to be Mild Bullish.
•    GBPUSD continues to remain above the 1.3050 levels.
•    Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to is Pivot levels of 1.3052 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3035 and is now moving towards its next target of 1.3074 which is a 38.2% Retracement From 4 Week High.
We are also looking for the breach of the levels of 1.3081 which is a 14-3 Day Raw Stochastic at 30%.

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

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NZDUSD Technical Analysis – 12th SEP, 2024
NZDUSD – Bullish Trend Reversal Pattern
7Ca7wTp.png
 
NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6119 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
The SuperTrend indicator bullish reversal is visible in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator is back over 50 in the 30-minutes timeframe.

The Parabolic SAR indicator bullish reversal is visible in the 30-minutes timeframe.
The MACD crosses UP its Moving Average in the 1-hourly timeframe.
We have also seen MACD indicator: bullish divergence in the 1-hourly timeframe.
The Price is back over the pivot point in the 4-hourly timeframe.

NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Kiwi Bullish reversal seen above the 0.6119 mark.
•    Short-term range appears to be Mild Bullish.
•    NZDUSD continues to remain above the 0.6140 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6151 which is a Price 1 Standard Deviation Resistance.
NZDUSD is now trading above its Pivot levels of 0.6134 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6124 and is now moving towards its next target of 0.6164 which is a 14-3 Day Raw Stochastic at 30%.

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

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AUDUSD Technical Analysis – 16th SEP, 2024
AUDUSD – Resistance of Channel is Broken
2DeXxUE.png
 
AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6697 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see that the Resistance of channel is broken in the 1-hourly timeframe.
We can detect Bullish price crossover with Moving Average 20 in the daily timeframe.
We have also seen Bullish price crossover with adaptative moving average 20 in the daily timeframe.

The Parabolic SAR indicator bullish reversal is visible in the daily timeframe.
Some of the technical indicators are giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.
We can see Aussie is Near a new HIGH record (1 year) in the weekly timeframe.

AUDUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
•    Aussie Bullish reversal seen above the 0.6697 mark.
•    Short-term range appears to be Strong Bullish.
•    AUDUSD continues to remain above the 0.6740 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6746 which is a 38.2% Retracement From 4 Week High.
AUDUSD is now trading near to its Pivot levels of 0.6744 and is moving into a Strong Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6727 and is moving towards its next target of 0.6755 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.

For in-depth analysis, please check FXOpen Blog

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EURUSD Technical Analysis – 16th SEP, 2024
EURUSD – Bullish Price Crossover Pattern
gA2ML0H.png
 
EURUSD was unable to continue its bearish momentum and after touching a low of 1.1069 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The prices of EURUSD are ranging Near support of channel in the 15-minutes timeframe.
We can see that the Resistance of channel is broken in the 1-hourly timeframe.
The Horizontal resistance is broken in the daily timeframe.

We can see the formation of Bullish price crossover with Moving Average 20 in the daily timeframe.
The Momentum indicator is back over zero in the daily timeframe.
The Williams percent range indicator is back over -50 in the daily timeframe, which is a bullish indication.

Some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Euro Bullish reversal seen above the 1.1069 mark.
•    Short-term range appears to be Strong Bullish.
•    EURUSD continues to remain above the 1.1120 levels.
•    Average true range ATR is indicating High market volatility.

The next resistance is located at 1.1034 which is a 14-3 Day Raw Stochastic at 70%.
EURUSD is now trading near to its Pivot levels of 1.1122 and is moving into a Strong Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1108 and is moving towards its next target of 1.1150 at which the Price Crosses 18 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

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GBPUSD Technical Analysis – 16th SEP, 2024
GBPUSD – Bullish Harami Cross Pattern
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GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3117 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The prices of GBPUSD are ranging Near support of channel in the 15-minutes timeframe.
We have also detected Bullish Harami cross in the 15-minutes timeframe.

We can see that the Resistance of channel is broken in the 1-hourly timeframe.
We have seen Bullish price crossover with Moving Average 20 in the daily timeframe.
The Parabolic SAR indicator bullish reversal is visible in the daily timeframe.

The Momentum indicator is back over zero in the daily timeframe.
We have seen the formation of Bullish engulfing lines in the daily timeframe.
We can also see that the prices are Near a new HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
•    Pound Bullish reversal seen above the 1.3117 mark.
•    Short-term range appears to be Strong Bullish.
•    GBPUSD continues to remain above the 1.3200 levels.
•    Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to is Pivot levels of 1.3197 and is moving into a Strong Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3182 and is now moving towards its next target of 1.3213 which is a 14-3 Day Raw Stochastic at 80%.
We are also looking for the breach of the levels of 1.3220 which is a Price 3 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.

For in-depth analysis, please check FXOpen Blog

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NZDUSD Technical Analysis – 16th SEP, 2024
NZDUSD – Bullish Price Crossover Pattern
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NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6149 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe.
The Resistance of channel is broken in the 1-hourly timeframe.
We have also detected Moving Average bullish crossovers: MA20 & MA50 in the 1-hourly timeframe.

We have seen Bullish price crossover with adaptative moving average 20 in the daily timeframe.
We have also seen Bullish opening of the markets this week.
The prices of NZDUSD are ranging Near a new HIGH record (1 year) in the weekly timeframe.

Some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
NZDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
•    Kiwi Bullish reversal seen above the 0.6149 mark.
•    Short-term range appears to be Strong Bullish.
•    NZDUSD continues to remain above the 0.6190 levels.
•    Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6199 which is a 38.2% Retracement From 4 Week High.
NZDUSD is now trading near to its Pivot levels of 0.6192 and is moving into a Strong Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6178 and is now moving towards its next target of 0.6202 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.

For in-depth analysis, please check FXOpen Blog

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AUDUSD Technical Analysis – 17th SEP, 2024
AUDUSD – Bearish Price Crossover Pattern
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AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6768 the prices started to decline against the United States Dollar today in the European Trading session.
We can see the formation of Bearish price crossover with Moving Average 100 in the 15-minutes timeframe.
We can detect Parabolic SAR indicator bearish reversal in the 15-minutes timeframe.

We have also seen Ichimoku - Bearish crossover: Tenkan & Kijun in the 15-minutes timeframe.
We can see the formation of a Long black line in the 15-minutes timeframe.
We can see Bearish trend reversal: adaptative moving average 20 in the 1-hourly timeframe.
We can see CCI indicator: bearish divergence 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 0.6768 mark.
•    Short-term range appears to be Mild Bearish.
•    AUDUSD continues to remain above the 0.6750 levels.
•    Average true range ATR is indicating High market volatility.

The next support is located at 0.6746 which is a 38.2% Retracement From 4 Week High.
AUDUSD is now trading near to its Pivot levels of 0.6754 and is moving into a Mild Bearish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6724 and is moving towards its next target of 0.6724 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

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