The EUR/AUD on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 1.62000 on 05 November to reach the lowest level of period under study at 1.61010. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the currency pair is mainly driven by the recent...
The GBPAUD currency pair on the Daily Chart has been in an uptrend since 30 July 2019 when it registered the low price at 1.75612. Subsequently, the price displayed a series of higher tops and higher bottoms. On 16 October 2019, the GBPAUD currency pair recorded the high price of 1.90942. When applying Oscillator Analysis to the price chart, one can see that price...
The Oil market, on the H4 time-frame, was in a downward move until the 31st of October when a lower bottom was recorded at 59.609. Demand then started to overwhelm supply. After the lower bottom at 59.609 the price broke through the 15 and 34 Simple Moving Averages and the Momentum Oscillator broke through the zero baseline into bullish terrain. This confirmed a...
The AUD/USD on the 4-hour time frame has been following an uptrend recently. The price jumped above the key level of 0.69300 on 31 October to reach the highest level of period under study at 0.69310. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent...
The NZDUSD currency pair on the Daily Chart has been in an uptrend since 01 October 2019 when it registered the low price at 0.62039. Subsequently, the price displayed a series of higher tops and higher bottoms. On 04 November 2019, the NZDUSD currency pair recorded the high price of 0.64646. When applying Oscillator Analysis to the price chart, one can see that...
The USD/CHF currency pair, on the D1 time-frame, was in an upward trend until 3rd of October when a higher top was recorded at 1.00278. Supply overwhelmed demand and the upward move was negated. After the high at 1.00278, the price broke through the 15 and 34 Simple Moving Averages, the Momentum Oscillator broke through the zero baseline into bearish terrain and...
The EUR/USD on the 4-hour time frame has been following an uptrend recently. The price jumped above the key level of 1.11800 on 21 October to reach the highest level of period under study at 1.11805. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent...
The EURCHF currency pair on the 4 Hours Chart has been in a downtrend since 28 October 2019 when it registered the high price at 1.10586. Subsequently, the price displayed a series of lower tops and lower bottoms. On 31 October 2019, the EURCHF currency pair recorded the low price of 1.09922. When applying Oscillator Analysis to the price chart, one can see that...
The EUR/JPY currency pair, on the H4 time-frame, was in a downward move until the 25th of October when a lower bottom was recorded at 120.354. Demand pressure then started increasing. After the bottom at 120.354 the price broke through the 15 and 34 Simple Moving Averages, the Momentum Oscillator broke the zero baseline into positive terrain and there was a...
The AUDUSD currency pair on the Daily Chart has been in an uptrend since 02 October 2019 when it registered the low price of 0.66710. Subsequently, the price displayed a series of higher tops and higher bottoms. On 31 October 2019, the AUDUSD currency pair recorded the high price of 0.69297. When applying Oscillator Analysis to the price chart, one can see that...
The GBP/USD on the 4-hour time frame has been following an uptrend recently. The price jumped above the key level of 1.29000 on 17 October to reach the highest level of period under study at 1.30203. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent...
The USD/CAD currency pair, on the H4 time-frame, was in a downward move until the 29th of October when a lower bottom was recorded at 1.30422. Demand then started increasing. After the bottom at 1.30422 the price broke through the 15 and 34 Simple Moving Averages and the Momentum Oscillator breached the zero baseline into bullish terrain. A Strong Bullish...
Crude Oil on the 4 Hours Chart has been in an uptrend since 03 October 2019 when it registered the low price of 51.065. Subsequently, the price displayed a series of higher tops and higher bottoms. On 28 October 2019, Crude Oil recorded the high price of 56.867. When applying Oscillator Analysis to the price chart, one can see that price is trading below the SMA...
The AUD/USD on the 4-hour time frame has been following an uptrend recently. The price jumped above the key level of 0.68500 on 21 October to reach the highest level of period under study at 0.68831. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent...
The NZDUSD currency pair on the 4 Hours Chart has been in a downtrend since 22 October 2019 when it registered the high price of 0.64358. On 28 October 2019, the NZDUSD currency pair recorded the low price of 0.63342. When applying Oscillator Analysis to the price chart, one can see that price is trading below the SMA 60 period Moving Average line, a fact which...
The CAD/JPY on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 83.500 on 29 October to reach the highest level of period under study at 83.564. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the currency pair is mainly driven by the recent...
The USD/JPY currency pair, on the D1 time-frame, was in a downward move until the 3rd of October when a lower bottom was recorded at 106.484. The bulls then started finding the price attractive. After the bottom at 106.484 the price broke through the 15 and 34 Simple Moving Averages and the Momentum Oscillator breached the zero baseline into positive terrain....
The GBPUSD currency pair on the 4 Hours Chart has been in a downtrend since 21 October 2019 when it registered the high price of 1.30126. On 24 October 2019, the GBPUSD currency pair recorded the low price of 1.27888. When applying Oscillator Analysis to the price chart, one can see that price is trading below the SMA 60 period Moving Average line, a fact which...