Daily Market Analytics - Forex

[FXOpen Trader]

GBPUSD Technical Analysis – 10th SEP, 2024
GBPUSD – Bullish Trend Reversal Pattern

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3057 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
The prices of GBPUSD are ranging Near support of channel in the 15-minutes timeframe.
The RSI indicator is back over 50 in the 1-hourly timeframe.

We can also see that the prices are Near support of channel in the weekly timeframe.
The Resistance of channel is broken in the monthly timeframe.
The prices of GBPUSD are ranging Near a new HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.3057 mark.
• Short-term range appears to be Mild Bullish.
• GBPUSD continues to remain above the 1.3070 levels.
• Average true range ATR is indicating High market volatility.

GBPUSD is now trading below its Pivot levels of 1.3093 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3074 and is now moving towards its next target of 1.3087 which is a 14-3 Day Raw Stochastic at 30%.
We are also looking for the breach of the levels of 1.3116 which is a Price 1 Standard Deviation Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

NZDUSD Technical Analysis – 10th SEP, 2024
NZDUSD – Bullish Price Crossover Pattern

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6130 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish price crossover with adaptative moving average 20 in the 2-hourly timeframe.
The prices of NZDUSD are ranging Near support of channel in the daily timeframe.
We have also detected that the MACD indicator is back over zero in the 1-hourly timeframe.

The prices of NZDUSD are back over the pivot point in the daily timeframe.
The Williams percent range indicator is back over -50 in the 30-minutes timeframe.
The prices of NZDUSD are Near a new HIGH record (1 year) in the weekly timeframe.
Some of the technical indicators are also giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.

NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.6130 mark.
• Short-term range appears to be Mild Bullish.
• NZDUSD continues to remain above the 0.6150 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 0.6159 which is a 14-3 Day Raw Stochastic at 20%.
NZDUSD is now trading below its Pivot levels of 0.6158 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6137 and is now moving towards its next target of 0.6174 which is a 38.2% Retracement From 4 Week High.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

AUDUSD Technical Analysis – 11th SEP, 2024
AUDUSD – Moving Average Bullish Crossovers

AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6640 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Moving Average bullish crossovers: AMA50 & AMA100 in the 15-minutes timeframe.
We can see Bullish trend reversal: adaptative moving average 50 in the 1-hourly timeframe.
The Parabolic SAR indicator bullish reversal is visible in the 1-hourly timeframe.

We have also seen Bullish engulfing lines in the 4-hourly timeframe.
The price of AUDUSD is back over the pivot point in the 4-hourly timeframe.
The price of Aussie is ranging Near support of channel in the daily timeframe.
We can see Aussie is Near a new HIGH record (1 month) in the weekly timeframe.

AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Aussie Bullish reversal seen above the 0.6640 mark.
• Short-term range appears to be Mild Bullish.
• AUDUSD continues to remain above the 0.6650 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6669 at which the Price Crosses 18 Day Moving Average Stalls.
AUDUSD is now trading near to its Pivot levels of 0.6661 and is moving into a Mild Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6648 and is moving towards its next target of 0.6689 which is a Price 1 Standard Deviation Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

EURUSD Technical Analysis – 11th SEP, 2024
EURUSD – Resistance of Channel is Broken

EURUSD was unable to continue its bearish momentum and after touching a low of 1.1014 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Resistance of channel is broken in the 1-hourly timeframe.
The RSI indicator is back over 50 in the daily timeframe.

The prices of EURUSD are ranging Near support of channel in the daily timeframe.
Some of the technical indicators are also giving a Neutral to Bearish stance of the markets which indicates the presence of the consolidation wave in the markets.
We have also detected that the prices are Near a new HIGH record (1 year) in the weekly timeframe.

EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.1014 mark.
• Short-term range appears to be Mild Bullish.
• EURUSD continues to remain above the 1.1040 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.1052 which is a 14-3 Day Raw Stochastic at 20%.
EURUSD is now trading near to its Pivot levels of 1.1045 and is moving into a Mild Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1032 and is moving towards its next target of 1.1057 which is a Price 1 Standard Deviation Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

GBPUSD Technical Analysis – 11th SEP, 2024
GBPUSD – Bullish Price Crossover Pattern

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3048 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish price crossover with Moving Average 50 in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator is back over 50 in the 30-minutes timeframe.

The Resistance of channel is broken in the 1-hourly timeframe.
We have also detected the formation of Bullish price crossover with adaptative moving average 50 in the 1-hourly timeframe.
The MACD crosses UP its Moving Average in the 4-hourly timeframe.
We can also see Parabolic SAR indicator bullish reversal in the 4-hourly timeframe.

GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.3048 mark.
• Short-term range appears to be Mild Bullish.
• GBPUSD continues to remain above the 1.3090 levels.
• Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to is Pivot levels of 1.3091 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3076 and is now moving towards its next target of 1.3108 which is a Pivot Point 1st Resistance Point.
We are also looking for the breach of the levels of 1.3114 which is a 14-3 Day Raw Stochastic at 30%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

NZDUSD Technical Analysis – 11th SEP, 2024
NZDUSD – Moving Average Bullish Crossovers

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6135 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Moving Average bullish crossovers: AMA20 & AMA50 in the 30-minutes timeframe.
The prices of NZDUSD are ranging Near horizontal support in the 1-hourly timeframe.
We have also detected Bullish trend reversal: adaptative moving average 20 in the 1-hourly timeframe.

We can see the formation of Parabolic SAR indicator bullish reversal in the 1-hourly timeframe.
The Momentum indicator is back over zero in the 1-hourly timeframe.
We can also see Bullish price crossover with Moving Average 20 in the 2-hourly timeframe.
The RSI indicator: bullish divergence is visible in the 4-hourly timeframe.

We have also seen MACD indicator: bullish divergence in the 4-hourly timeframe.
NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.6135 mark.
• Short-term range appears to be Mild Bullish.
• NZDUSD continues to remain above the 0.6150 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6159 which is a 14-3 Day Raw Stochastic at 20%.
NZDUSD is now trading below its Pivot levels of 0.6151 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6147 and is now moving towards its next target of 0.6176 which is a 14-3 Day Raw Stochastic at 30%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

AUDUSD Technical Analysis – 12th SEP, 2024
AUDUSD – Bullish Price Crossover Pattern

AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6622 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Bullish price crossover with adaptative moving average 20 in the 4-hourly timeframe.
The prices of AUDUSD are ranging Near support of channel in the daily timeframe.

We have seen the formation of Doji in the 2-hourly timeframe which indicates Neutral markets.
Some of the technical indicators are giving a Neutral to Bearish stance in the markets which indicates the presence of the consolidation wave in the markets.
We can see Aussie is Near a new HIGH record (1 month) in the weekly timeframe.

AUDUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• Aussie Bullish reversal seen above the 0.6622 mark.
• Short-term range appears to be Mild Bullish.
• AUDUSD continues to remain above the 0.6670 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6683 which is a Price 1 Standard Deviation Resistance.
AUDUSD is now trading near to its Pivot levels of 0.6675 and is moving into a Mild Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6662 and is moving towards its next target of 0.6693 which is a 14 Day RSI at 50%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

EURUSD Technical Analysis – 12th SEP, 2024
EURUSD – Ichimoku - Bullish crossover: Tenkan & Kijun

EURUSD was unable to continue its bearish momentum and after touching a low of 1.1001 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see the formation of Ichimoku - Bullish crossover: Tenkan & Kijun in the 15-minutes timeframe.
The MACD indicator is back over zero in the 30-minutes timeframe.

We can see the formation of Bullish trend reversal: Moving Average 20 in the 1-hourly timeframe.
We can also see Aroon indicator bullish trend present in the 1-hourly timeframe.
The MACD indicator: bullish divergence is visible in the 4-hourly timeframe.

The prices of EURUSD are ranging Near support of channel in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.1001 mark.
• Short-term range appears to be Mild Bullish.
• EURUSD continues to remain above the 1.1020 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.1034 which is a 14 Day RSI at 50%.
EURUSD is now trading near to its Pivot levels of 1.1015 and is moving into a Mild Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1002 and is moving towards its next target of 1.1044 which is a Pivot Point 1st Resistance Point.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

GBPUSD Technical Analysis – 12th SEP, 2024
GBPUSD – Horizontal Resistance is Broken

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3001 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Horizontal resistance is broken in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
The RSI indicator is back over 50 in the 1-hourly timeframe.

The Price is back over the pivot point in the 2-hourly timeframe.
We have also detected that the RSI indicator is back over 50 in the daily timeframe.
The prices of GBPUSD are ranging Near support of channel in the weekly timeframe.

We can also see that the prices are Near a new HIGH record (1st January) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.3001 mark.
• Short-term range appears to be Mild Bullish.
• GBPUSD continues to remain above the 1.3050 levels.
• Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to is Pivot levels of 1.3052 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3035 and is now moving towards its next target of 1.3074 which is a 38.2% Retracement From 4 Week High.
We are also looking for the breach of the levels of 1.3081 which is a 14-3 Day Raw Stochastic at 30%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

[FXOpen Trader]

NZDUSD Technical Analysis – 12th SEP, 2024
NZDUSD – Bullish Trend Reversal Pattern

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6119 yesterday the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
The SuperTrend indicator bullish reversal is visible in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator is back over 50 in the 30-minutes timeframe.

The Parabolic SAR indicator bullish reversal is visible in the 30-minutes timeframe.
The MACD crosses UP its Moving Average in the 1-hourly timeframe.
We have also seen MACD indicator: bullish divergence in the 1-hourly timeframe.
The Price is back over the pivot point in the 4-hourly timeframe.

NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.6119 mark.
• Short-term range appears to be Mild Bullish.
• NZDUSD continues to remain above the 0.6140 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6151 which is a Price 1 Standard Deviation Resistance.
NZDUSD is now trading above its Pivot levels of 0.6134 and is moving into a Mild Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6124 and is now moving towards its next target of 0.6164 which is a 14-3 Day Raw Stochastic at 30%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog