The USDCHF currency pair on the 4 Hours Chart has been in an uptrend since 25 June 2019 when it registered the low price at 0.96942. Subsequently, the price displayed a series of higher tops and higher bottoms. On 2 July 2019, the USDCHF currency pair recorded the high price of 0.98889. Applying Oscillator Analysis on the price chart, one can notice that price is...
The Crude Oil on the 4-hour time frame has been following an uptrend recently. The price broke above the key level of $60 on 1 July but bears pushed the price lower. As of writing, the price is hovering around $59.30 with positive MACD and RSI above 50. The price action in the Crude Oil is mainly driven by the recent uncertainty in global economy. The 4-hour chart...
The AUD/NZD currency pair on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 1.04500 on 26 June. The price action in the AUD/NZD is mainly driven by the recent weakness in the Aussie dollar. As of writing, the price is hovering around 1.04400 with negative MACD and RSI below 50. The 4-hour chart of the AUD/NZD...
The USD/CAD currency pair on the 4-hour time frame has been following a downtrend recently. The price fell below the key support level of 1.31486 on 26 June. The price action in the USD/CAD is mainly driven by the recent weakness in the US dollar. As of writing, the price is hovering around 1.30920 with negative MACD and RSI below 50. The 4-hour chart of the...
The Silver Market, on the H4 time-frame, was in a range until the 25th of June when a lower top was recorded at 15.43742. Selling pressure overwhelmed buying pressure as the bears started to find the price attractive, causing the upward momentum to be disrupted. After the high at 15.43742, the price broke through the 15 and 34 Simple Moving Average, the Momentum...
The USDCHF currency pair on the Daily Chart has been in a downtrend since 26 April 2019 when it registered the high price at 1.02378. Subsequently, the price displayed a series of lower tops and lower bottoms. On 25 June 2019, the USDCHF currency pair recorded the low price of 0.96942. Applying Oscillator Analysis on the price chart, one can notice that price is...
The EUR/USD currency pair, on the H4 time-frame, was in a down trend until the 18th of June when a lower bottom was recorded at 1.118136. Demand overwhelmed supply and the down momentum was negated. After the bottom at 1.11813 the market broke through the 15 and 34 Simple Moving Average, the Momentum Oscillator pierced the zero baseline into positive territory...
The NZDUSD currency pair on the 4 Hours Chart has been in an uptrend since 14 June 2019 when it registered the low price at 0.64886. Subsequently, the price displayed a series of higher tops and higher bottoms. On 26 June 2019, the NZDUSD currency pair recorded the high price of 0.66928. Applying Oscillator Analysis on the price chart, one can notice that price is...
The EUR/JPY currency pair, on the H4 time-frame, was in a down trend until the 21st of June when a lower bottom was recorded at 120.952. Buyers found the price attractive and demand overcame supply. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at 121.066 and 120.952. This could...
The EURUSD currency pair on the Daily Chart has been in an uptrend since 23 May 2019 when it registered the low price at 1.11071. Subsequently, the price displayed a series of higher tops and higher bottoms. On 25 June 2019, the EURUSD currency pair recorded the high price of 1.14122. Applying Oscillator Analysis on the price chart, one can notice that price is...
The USDCAD currency pair on the Daily Chart has been in a downtrend since 31 May 2019 when it registered the high price at 1.35650. On 20 June 2019, the USDCAD currency pair recorded the low price of 1.31512. Applying Oscillator Analysis on the price chart, one can notice that price is trading below the SMA 60 period Moving Average line, a fact that confirms the...
The USD/JPY currency pair, on the H4 time-frame, was in a range until the 18th of June when a lower top was recorded at 108.676. Selling pressure overwhelmed buying pressure as the bears started to find the price attractive, causing the upward momentum to be disrupted. After the high at 108.676, the price broke through the 15 and 34 Simple Moving Averages and...
The AUDUSD currency pair on the 4 Hours Chart has been in an uptrend since 18 June 2019 when it registered the low price at 0.68320. Subsequently, the price displayed a series of higher tops and higher bottoms. On 24 June 2019, the AUDUSD currency pair recorded the high price of 0.69609. Applying Oscillator Analysis on the price chart, one can notice that price is...
The EUR/GBP currency pair, on the H4 time-frame, was in an uptrend until 18th of June when a higher top was recorded at 0.89748. Supply pressure overwhelmed the demand in the market as sellers started to find the price attractive, causing the upward momentum to be disrupted. After the high at 0.89748, the price broke through the 15 and 34 Simple Moving Averages...
Gold precious metal on the Daily Chart has been in an uptrend since 2 May 2019 when it registered the low price at 1266.389. Subsequently, the price displayed a series of higher tops and higher bottoms. On 21 June 2019, Gold precious metal recorded the high price of 1411.993. Applying Oscillator Analysis on the price chart, one can notice that price is trading...
The EUR/USD currency pair, on the D1 time-frame, was in a downtrend until the 23rd of May when a lower bottom was recorded at 1.11069. The bulls found the price inviting and buyers overcame sellers. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at 1.11097 and 1.11069. This could...
The GBPUSD currency pair on the 4 Hours Chart has been in an uptrend since 18 June 2019 when it registered the low price at 1.25061. On 20 June 2019, the GBPUSD currency pair recorded the high price of 1.26892. Applying Oscillator Analysis on the price chart, one can notice that price is trading above the SMA 60 period Moving Average line, a fact that confirms the...
The Silver Market, on the D1 time-frame, was in a downward movement until the 28th of May when a lower bottom was recorded at 14.29720. Buyers found the price inviting and demand overpowered supply. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at 14.40030 and 14.29720. This could...