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 3 June 2019, the USDCHF currency pair recorded the low price of 0.99724. Applying Oscillator Analysis on the price chart, one can notice that price is...
The USD/JPY currency pair on the 4-hour time frame has been following a downtrend recently. The price dipped below 109.000 on 30 May to reach the lowest level of period under study at 108.803. The price action in the USD/JPY is mainly driven by the strength in the Japanese Yen. The 4-hour chart of the USD/JPY confirms the negative sentiment in the price movement...
The USDCAD currency pair on the 4 Hours Chart has been in an uptrend since 22 May 2019 when it registered the low price at 1.33576. Subsequently, the price displayed a series of higher tops and higher bottoms. On 29 May 2019, the USDCAD currency pair recorded the high price of 1.35466. Applying Oscillator Analysis on the price chart, one can notice that price is...
The GBP/USD currency pair on the 4-hour timeframe has been following a downtrend recently. The price reached the lowest level of period under study at 1.26082 on 23 May. The price action in the GBP/USD is mainly driven by the weakness in the Pound Sterling. The 4-hour chart of the GBP/USD confirms the negative sentiment in the price movement as the pair is making...
The EURUSD currency pair on the 4 Hours Chart has been in a downtrend since 27 May 2019 when it registered the high price at 1.12152. Subsequently, the price displayed a series of lower tops and lower bottoms. On 29 May 2019, the EURUSD currency pair recorded the low price of 1.11244. Applying Oscillator Analysis on the price chart, one can notice that price is...
The USD/JPY on the 4-hour timeframe has been following a downtrend recently. The price reached the lowest level of period under study at 109.013 on 13 May. The price action in the USD/JPY is mainly driven by the strength in the Japanese Yen. The 4-hour chart of the USD/JPY confirms the negative sentiment in the price movement as the pair is making successively...
Crude Oil on the Daily Chart has been in a downtrend since 23 April 2019 when it registered the high price at 66.466. On 23 May 2019, Crude Oil recorded the low price of 57.198. 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 downward direction of Black...
The EUR/GBP on the 4-hour time frame has been following an uptrend recently. The price broke above 0.88000 on 22 May to register the highest level of period under study at 0.88499. The price action in the EUR/GBP is mainly driven by the weakness in the Pound Sterling. The 4-hour chart of the EUR/GBP confirms the positive sentiment in the price movement as the...
The AUDUSD currency pair on the 4 Hours Chart has been in an uptrend since 23 May 2019 when it registered the low price at 0.68650. Subsequently, the price displayed a series of higher tops and higher bottoms. On 27 May 2019, the AUDUSD currency pair recorded the high price of 0.69386. 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 a downtrend recently. The price dipped below key support level of 58.00 on 23 May. The price registered the lowest level of period under study at 57.37 on 23 May. The price action in the crude oil is mainly driven by the global economic uncertainty. The 4-hour chart of the crude oil confirms the negative...
The GBPUSD currency pair on the 4 Hours Chart has been in an uptrend since 23 May 2019 when it registered the low price at 1.26052. On 27 May 2019, the GBPUSD currency pair recorded the high price of 1.27437. 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/CHF currency pair on the 4-hour timeframe has been following a downtrend recently. The price dipped below key support level of 1.00200 on 24 May. The price action in the USD/CHF is mainly driven by the weakness in the US Dollar. As of writing, the price is hovering around 1.00170, bears are in full control of the market as the currency pair shows negative...
Gold precious metal on the 4 Hours Chart has been in an uptrend since 21 May 2019 when it registered the low price at 1269.603. On 23 May 2019, Gold recorded the high price of 1287.347. 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 downward direction of...
The AUD/USD currency pair on the 4-hour time frame has been following a downtrend recently. The price dipped below key support level of 0.69000 on 17 May. The price action in the AUD/USD is mainly driven by the strength in the US Dollar. As of writing, the price is hovering around 0.68730, bears are in full control of the market as the currency pair showing...
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. On 13 May 2019, the USDCHF currency pair recorded the low price of 1.00504. 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 EUR/GBP currency pair on the 4-hour time frame has been following an uptrend recently. The price broke above key psychological level of 0.88000 on 22 May. The price action in the EUR/GBP is mainly driven by the weakness in the GBP. As of writing, the price is hovering around the level of 0.88000. The 4-hour chart of the EUR/GBP confirms the positive sentiment...
Crude Oil on the 4 Hours Chart has been in a downtrend since 20 May 2019 when it registered the high price at 63.798. On 22 May 2019, Crude Oil recorded the low price of 62.382. 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 upward direction of Black Gold....
The GBP/USD currency pair on the 4-hour time frame has been following a downtrend recently. The price registered the lowest level in 4 months at 1.27154 on 20 May. The price action in the GBP/USD is mainly driven by the weakness in the Pound Sterling. As of writing, the price is hovering around 1.27080 with bears eyeing a breach of key support level of 1.27000 The...