The USDJPY currency pair on the 4 Hours Chart has been in an uptrend since 24 September 2019 when it registered the low price of 106.962. Subsequently, the price displayed a series of higher tops and higher bottoms. On 1 October 2019, the USDJPY currency pair recorded the high price of 108.432. 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 downtrend until the 26th of September when a lower bottom was recorded at 117.448. Demand overcame supply with bullish candles pushing the price past the previous lower top. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at...
The AUD/USD on the hourly time frame has been following a downtrend recently. The price dipped below 0.67500 on 01 October to reach the lowest level of period under study at 0.67149. 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 weakness in the...
Precious metal Gold on the 4 Hours Chart has been in a downtrend since 24 September 2019 when it registered the high price of 1535.668. Subsequently, the price displayed a series of lower tops and lower bottoms. On 30 September 2019, Gold recorded the low price of 1485.604. When applying Oscillator Analysis to the price chart, one can see that price is trading...
The EUR/GBP currency pair, on the H4 time-frame, was in a downtrend until the 20th of September when a lower bottom was recorded at 0.87862. Demand overwhelmed supply and buyers started to find the price attractive. After the bottom at 0.87862 the price broke through the 15 and 34 Simple Moving Average, the Momentum Oscillator broke through the zero baseline...
The GBP/USD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.23000 on 27 September to reach the lowest level of period under study at 1.22701. 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 EUR/USD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.10000 on 20 September to reach the lowest level of period under study at 1.09048. 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...
Crude Oil on the 4 Hours Chart has been in a downtrend since 16 September 2019 when it registered the high price of 63.379. Subsequently, the price displayed a series of lower tops and lower bottoms. On 26 September 2019, Crude Oil recorded the low price of 55.519. When applying Oscillator Analysis to the price chart, one can see that price is trading below the...
The EUR/JPY on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 118.000 on 23 September to reach the lowest level of period under study at 117.650. 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 GBPJPY currency pair on the 4 Hours Chart has been in a downtrend since 20 September 2019 when it registered the high price of 135.760. Subsequently, the price displayed a series of lower tops and lower bottoms. On 25 September 2019, the GBPJPY currency pair recorded the low price of 132.844. When applying Oscillator Analysis to the price chart, one can see...
The USDJPY currency pair on the 4 Hours Chart has been in a downtrend since 18 September 2019 when it registered the high price of 108.478. Subsequently, the price displayed a series of lower tops and lower bottoms. On 24 September 2019, the USDJPY currency pair recorded the low price of 106.962. When applying Oscillator Analysis to the price chart, one can see...
The GBP/USD on the 4-hour time frame has been following an uptrend recently. The price jumped above the key level of 1.25000 on 20 September to reach the highest level of period under study at 1.25829. 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...
The EUR/USD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.10000 on 23 September to reach the lowest level of period under study at 1.09699. 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...
Precious metal Gold on the 4 Hours Chart has been in an uptrend since 18 September 2019 when it registered the low price of 1483.311. On 23 September 2019, Gold recorded the high price of 1526.798. When applying Oscillator Analysis to the price chart, one can see that price is trading above the SMA 60 period Moving Average line, a fact which confirms Gold's upward...
The AUDCAD currency pair on the 4 Hours Chart has been in a downtrend since 13 September 2019 when it registered the high price of 0.91450. Subsequently, the price displayed a series of lower tops and lower bottoms. On 20 September 2019, the AUDCAD currency pair recorded the low price of 0.89658. When applying Oscillator Analysis to the price chart, one can see...
The EUR/GBP on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 0.88000 on 20 September to reach the lowest level of period under study at 0.87855. 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 NZD/USD on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 0.63000 on 19 September to reach the lowest level of period under study at 0.62692. 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 USD/CHF currency pair, on the H4 time-frame, was in an uptrend until the 18th of September when a higher top was recorded at 0.99838. Sellers found the price attractive and supply overcame demand. After the top at 0.99838 the market broke through the 15 and 34 Simple Moving Averages with a Strong Bearish Candle and the Momentum Oscillator broke the zero...