The EUR/AUD on the 4-hour time frame has been following a downtrend recently. The price broke below the key level of 1.60700 on 11 September to reach the lowest level of period under study at 1.60524. 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 USDCHF currency pair on the Daily Chart has been in an uptrend since 13 August 2019 when it registered the low price of 0.96600. Subsequently, the price displayed a series of higher tops and higher bottoms. On 10 September 2019, the USDCHF currency pair recorded the high price of 0.99318. When applying Oscillator Analysis to the price chart, one can see that...
This pair was discussed on the 6th of September. In the meantime, the trade has not been triggered and a different support level was formed, so the scenario changed. The EUR/USD currency pair, on the H4 time-frame, was in a downward path until the 3rd of September when a lower bottom was recorded at 1.09262. Buyers started to enter the market with demand...
Gold precious metal on the 4 Hours Chart has been in a downtrend since 04 September 2019 when it registered the high price at 1557.074. Subsequently, the price displayed a series of lower tops and lower bottoms. On 10 September 2019, Gold precious metal recorded the low price of 1486.567. Applying Oscillator Analysis on the price chart, one can notice that price...
The USDJPY currency pair on the Daily Chart has been in an uptrend since 26 August 2019 when it registered the low price at 104.453. Subsequently, the price displayed a series of higher tops and higher bottoms. On 05 September 2019, the USDJPY currency pair recorded the high price of 107.232. Applying Oscillator Analysis on the price chart, one can notice that...
The EUR/JPY currency pair, on the H4 time-frame, was in a downward movement until the 3rd of September when a lower bottom was recorded at 115.869. Bulls found the price attractive and demand overcoming supply with a number of strong consecutive bullish candles occurring one after one another. After the bottom at 115.869 the market broke through the 15 and 34...
The EUR/USD currency pair, on the H4 time-frame, was in a downward path until the 3rd of September when a lower bottom was recorded at 1.09260. Buyers started to enter the market with demand overcoming supply. After the bottom at 1.09260 the market broke through the 15 and 34 Simple Moving Average, the Momentum Oscillator sliced through the zero baseline into...
The NZDUSD currency pair on the 4 Hours Chart has been in an uptrend since 3 September 2019 when it registered the low price at 0.62695. On 6 September 2019, the NZDUSD currency pair recorded the high price of 0.64063. 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...
The EUR/GBP on the 4-hour time frame has been following a downtrend recently. The price broke below the key level of 0.90000 on 05 September to reach the lowest level of period under study at 0.89381. 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 AUDUSD currency pair on the 4 Hours Chart has been in an uptrend since 3 September 2019 when it registered the low price at 0.66878. On 5 September 2019, the AUDUSD currency pair recorded the high price of 0.68253. 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...
The AUD/NZD on the 4-hour time frame has been following an uptrend recently. The price broke above the key level of 1.07000 on 03 September to reach the highest level of period under study at 1.07126. 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 EUR/GBP currency pair, on the D1 time-frame, was in an upward path until 12th of August when a higher top was recorded at 0.93246. 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 0.93246, the price broke through the 15 and 34 Simple Moving...
The USDCAD currency pair on the Daily Chart has been in an uptrend since 19 July 2019 when it registered the low price at 1.30161. Subsequently, the price displayed a series of higher tops and higher bottoms. On 3 September 2019, the USDCAD currency pair recorded the high price of 1.33826. Applying Oscillator Analysis on the price chart, one can notice that price...
The XAUUSD on the 4-hour time frame has been following an uptrend recently. The price broke above the key level of 1550.000 on 23 August to reach the highest level of period under study at 1555.394 on 25 August. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. The price action in the XAUUSD is mainly driven by the...
The S&P500 market, on the H4 time-frame, was in an upward move until 30th of August when a higher top was recorded at 2945.3. Supply overcame demand and the upward momentum was negated. After the high at 2945.3, the price broke through the 15 Simple Moving Average. Buyers tried to push the market higher but supply overcome demand with a possible resistance level...
The EUR/USD on the 4-hour time frame has been following a downtrend recently. The price dipped below 1.10000 on 30 August to register the lowest level of period under study at 1.09328 on 3 September. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the EUR/USD is mainly driven by the weakness in...
The USDCHF currency pair on the Daily Chart has been in an uptrend since 13 August 2019 when it registered the low price at 0.96600. On 3 September 2019, the USDCHF currency pair recorded the high price of 0.99290. 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 GBP/USD currency pair, on the H4 time-frame, was in an upward move until the 27th of August when a higher top was recorded at 1.23100. Selling pressure overwhelmed buying pressure as the bears started to find the price attractive, causing the upward momentum to be overturned. A closer look revealed that the Momentum Oscillator displayed negative divergence...