Daily Market Analytics - Forex

[FXOpen Trader]

AUDUSD Technical Analysis – 27th SEP, 2024
AUDUSD – Ichimoku: Price is over the Cloud

AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6867 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Ichimoku: Price is over the Cloud in the 30-minutes timeframe.
The price of AUDUSD is ranging Near support of channel in the 1-hourly timeframe.
We can see that the Bullish price crossover with Moving Average 20 is visible in the 1-hourly timeframe.
The MACD crosses UP its Moving Average in the 2-hourly timeframe.

The Resistance of channel is broken in the daily timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
The prices of AUDUSD are ranging Near a new HIGH record (1 year) 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 0.6867 mark.
• Short-term range appears to be Strong Bullish.
• AUDUSD continues to remain above the 0.6890 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6908 which is a 1-Month High.
AUDUSD is now trading above its Pivot levels of 0.6886 and is moving into a Strong Bullish channel.
The price of AUDUSD remains just above its Classic support levels of 0.6864 and is moving towards its next target of 0.6927 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]

EURUSD Technical Analysis – 27th SEP, 2024
EURUSD – Bullish Price Crossover Pattern

EURUSD was unable to continue its bearish momentum and after touching a low of 1.1124 the prices started to correct upwards against the United States Dollar today in the European Trading session.
We have seen Bullish price crossover with adaptative moving average 50 in the 30-minutes timeframe.
We can see that the Price is back over the pivot point in the 1-hourly timeframe.
We have also detected Bullish trend reversal: Moving Average 50 in the 2-hourly timeframe.

The Ichimoku: price is over the cloud in the 4-hourly timeframe.
The RSI indicator is back over 50 in the 4-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Conslidation wave in the markets.

EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.1124 mark.
• Short-term range appears to be Strong Bullish.
• EURUSD continues to remain above the 1.1150 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.1164 which is a Pivot Point.
EURUSD is now trading below its Pivot levels of 1.1164 and is moving into a Strong Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.1139 and is moving towards its next target of 1.1171 which is a 14-3 Day Raw Stochastic at 80%.

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 – 27th SEP, 2024
GBPUSD – SuperTrend indicator Bullish Reversal

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.3359 the prices started to rise upwards against the United States Dollar today in the European Trading session.
We can see SuperTrend indicator bullish reversal in the 15-minutes timeframe.
The Bullish price crossover with adaptative moving average 100 is visible in the 15-minutes timeframe.
The prices of GBPUSD are ranging Near support of channel in the 1-hourly timeframe.

We can see the formation of a Doji in the 1-hourly timeframe which indicates a Neutral market.
Some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave present in the markets.
GBPUSD prices are hovering New HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.3359 mark.
• Short-term range appears to be Strong Bullish.
• GBPUSD continues to remain above the 1.3380 levels.
• Average true range ATR is indicating Less market volatility.

GBPUSD is now trading below its Pivot levels of 1.3391 and is moving into a Mild Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.3376 and is now moving towards its next target of 1.3434 which is a 1-Month High.
We are also looking for the breach of the levels of 1.3455 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 – 27th SEP, 2024
NZDUSD – Moving Average Bullish Crossovers

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6295 the prices started to rise upwards against the United States Dollar today in the European Trading session.
The Moving Average bullish crossovers: AMA20 & AMA50 is visible in the 15-minutes timeframe.
We can also see Moving Average bullish crossovers: AMA50 & AMA100 in the 30-minutes timeframe.
The Bullish trend reversal: Moving Average 50 is seen in the 1-hourly timeframe.
The Resistance of channel is broken in the daily timeframe.
We can see that the prices of NZDUSD are reaching a saturation level near to the 0.6350 levels which also indicates a possible shift towards the consolidation phase in the markets.
We can see that the NZDUSD is hovering Near a new HIGH record (1 year) in the weekly timeframe.
NZDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.6295 mark.
• Short-term range appears to be Strong Bullish.
• NZDUSD continues to remain above the 0.6350 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 0.6365 which is a Price 1 Standard Deviation Resistance.
NZDUSD is now trading above its Pivot levels of 0.6319 and is moving into a Strong Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6304 and is now moving towards its next target of 0.6369 which is a 52-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 – 30th SEP, 2024
AUDUSD – Bearish Price Crossover Pattern

AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6940 the prices started to decline against the United States Dollar today in the US Trading session.
We can see the formation of Bearish price crossover with Moving Average 100 in the 15-minutes timeframe.
We have seen Bearish price crossover with adaptative moving average 100 in the 15-minutes timeframe.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.

The Parabolic SAR indicator bearish reversal is visible in the 15-minutes timeframe.
The RSI indicator is back under 50 in the 1-hourly timeframe.
The CCI indicator: bearish divergence is visible in the 1-hourly timeframe.

We have also detected the presence of Bearish Harami pattern in the 4-horly timeframe.
AUDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Aussie Bearish reversal seen below the 0.6940 mark.
• Short-term range appears to be Bearish.
• AUDUSD continues to remain above the 0.6890 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.6874 which is a 14-3 Day Raw Stochastic at 80%.
AUDUSD is now trading below its Pivot levels of 0.6937 and is moving into a Bearish channel.
The price of AUDUSD remains below its Classic support levels of 0.6932 and is moving towards its next target of 0.6868 which is a Pivot Point 1st Support 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]

EURUSD Technical Analysis – 30th SEP, 2024
EURUSD – Parabolic SAR Indicator Bearish Reversal

EURUSD was unable to continue its bullish momentum and after touching a high of 1.1208 the prices started to decline against the United States Dollar today in the US Trading session.
The Parabolic SAR indicator bearish reversal is visible in the 15-minutes timeframe.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.

We have also detected the formation of a Long black line in the 15-minutes timeframe.
We have also seen Moving Average bearish crossovers: AMA20 & AMA50 in the 30-minutes timeframe.
The Support of channel is broken in the 1-hourly timeframe.
The Ichimoku: price is under the cloud in the 2-hourly timeframe.

We can see that the SuperTrend indicator bearish reversal is seen in the 2-hourly timeframe.
The prices of EURUSD are ranging Near resistance of channel in the daily timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bearish reversal seen below the 1.1208 mark.
• Short-term range appears to be Bearish.
• EURUSD continues to remain above the 1.1120 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 1.1124 which is a Pivot Point 1st Support Point.
EURUSD is now trading below its Pivot levels of 1.1154 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1132 and is moving towards its next target of 1.1113 at which the Price Crosses 9 Day Moving Average Stalls.

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 – 30th SEP, 2024
GBPUSD – Bearish Trend Reversal Pattern

GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3422 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Bearish trend reversal: adaptative moving average 20 in the 30-minutes timeframe.
The RSI indicator: bullish divergence is seen in the 30-minutes timeframe.
The prices of GBPUSD are ranging Near resistance of channel in the 1-hourly timeframe.

We can see the Bearish price crossover with Moving Average 100 in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 1-hourly timeframe.
The prices of GBPUSD are back under the pivot point in the 1-hourly timeframe.
The Aroon indicator bearish trend is visible in the 4-hourly timeframe.

We have also detected the RSI indicator: bearish divergence in the weekly timeframe.
The GBPUSD is ranging Near a new HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving average.
• Pound Bearish reversal seen below the 1.3422 mark.
• Short-term range appears to be Bearish.
• GBPUSD continues to remain above the 1.3370 levels.
• Average true range ATR is indicating High market volatility.

GBPUSD is now trading below its Pivot levels of 1.3400 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.3378 and is now moving towards its next target of 1.3347 which is a 14-3 Day Raw Stochastic at 80%.
We are also looking for the breach of the levels of 1.3345 which is a Pivot Point 1st Support 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]

NZDUSD Technical Analysis – 30th SEP, 2024
NZDUSD – Bearish Trend Reversal Pattern

NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6375 the prices started to decline against the United States Dollar today in the US Trading session.
The Bearish trend reversal: Moving Average 100 is visible in the 15-minutes timeframe.
We can also see Bearish trend reversal: Moving Average 20 in the 30-minutes timeframe.
We can see Bearish trend reversal: adaptative moving average 50 in the 30-minutes timeframe.

The Parabolic SAR indicator bearish reversal is visible in the 1-hourly timeframe.
We can detect MACD indicator: bearish divergence in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 2-hourly timeframe.
The prices of NZDUSD are ranging Near horizontal resistance in the weekly timeframe.

NZDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 0.6375 mark.
• Short-term range appears to be Bearish.
• NZDUSD continues to remain above the 0.6340 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.6334 which is a Pivot Point.
NZDUSD is now trading below its Pivot levels of 0.6374 and is moving into a Bearish channel.
The price of NZDUSD remains below its Classic support levels of 0.6361 and is now moving towards its next target of 0.6315 which is a 14-3 Day Raw Stochastic at 80%.

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 – 01st OCT, 2024
AUDUSD – Support of Channel is Broken

AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6939 the prices started to decline against the United States Dollar today in the US Trading session.
We can see the formation of Moving Average bearish crossovers: MA20 & MA50 in the 15-minutes timeframe.
The Support of channel is broken in the 15-minutes timeframe.

We have seen that the Momentum indicator is back under zero in the 4-hourly timeframe.
The RSI indicator: bearish divergence is visible in the daily timeframe.
The prices of AUDUSD are ranging Near horizontal resistance in the weekly timeframe.
The levels are also Near resistance of triangle in the monthly timeframe.

Some of the technical indicators are also giving a Neutral stance in the markets.
AUDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Aussie Bearish reversal seen below the 0.6939 mark.
• Short-term range appears to be Bearish.
• AUDUSD continues to remain above the 0.6900 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.6894 which is a Pivot Point 1st Support Point.
AUDUSD is now trading below its Pivot levels of 0.6909 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6889 and is moving towards its next target of 0.6877 which is a 14-3 Day Raw Stochastic at 80%.

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 – 01st OCT, 2024
EURUSD – Support of Channel is Broken

EURUSD was unable to continue its bullish momentum and after touching a high of 1.1176 the prices started to decline against the United States Dollar today in the US Trading session.
The Support of channel is broken in the daily timeframe.
The Bearish trend reversal: Moving Average 20 is visible in the 4-hourly timeframe.
We have also detected Bearish trend reversal: adaptative moving average 100 in the 4-hourly timeframe.

We have also seen Bearish price crossover with Moving Average 100 in the 4-hourly timeframe.
The Horizontal support is broken in the daily timeframe.
We can also see the Bearish price crossover with Moving Average 20 in the daily timeframe.
The RSI indicator is back under 50 in the daily timeframe.

We have also seen Parabolic SAR indicator bearish reversal in the daily timeframe. Along with the RSI indicator: bearish divergence is seen in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bearish reversal seen below the 1.1176 mark.
• Short-term range appears to be Bearish.
• EURUSD continues to remain above the 1.1080 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 1.1083 which is a 38.2% Retracement From 4 Week Low.
EURUSD is now trading below its Pivot levels of 1.1101 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.1064 and is moving towards its next target of 1.1076 which is a Price 3 Standard Deviations Support.

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