Daily Market Analytics - Forex

[FXOpen Trader]

USDJPY Technical Analysis – 21st FEB, 2025
USDJPY – Bearish Engulfing Lines

USDJPY was unable to continue its bullish momentum and after touching a high of 150.63 the prices started to decline against the United States Dollar today in the US Trading session.
We can see the formation of Bearish engulfing lines in the 15-minutes timeframe.
We have detected Bearish harami in the 30-minutes timeframe.
We have also detected the formation of Doji in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We have also seen Bearish opening of the markets this week.
The prices of USDJPY continue to range New LOW record (1 month) in the weekly timeframe.
USDJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Yen Bearish reversal seen below the 150.63 mark.
• Short-term range appears to be Bearish.
• USDJPY continues to remain above the 149.40 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 148.84 which is a 1-Month Low.
USDJPY is now trading near to its Pivot levels of 149.45 and is moving into a Bearish channel.
The price of USDJPY remains near its Classic support levels of 149.14 and is now moving towards its next target of 148.57 which is a Pivot Point 1st Support Point.

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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.

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[FXOpen Trader]

AUDUSD Technical Analysis – 25th FEB, 2025
AUDUSD – Bearish Trend Reversal

AUDUSD was unable to continue its Bullish momentum and after touching a high of 0.6364 the prices have started to decline against the United States Dollar today in the Asian trading session.
We can see Bearish trend reversal: adaptative moving average 100 present in the 15-minutes timeframe.
We have seen CCI indicator is oversold: under -100 in the 2-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We have seen the formation of Black hanging man / hammer in the daily timeframe.
Also, the prices are Near resistance of channel in the weekly timeframe.
The Price is back under the pivot point in the weekly timeframe.
We do see prices are Near a new LOW record (1 year) in the weekly timeframe.
AUDUSD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Aussie Bearish reversal seen below the 0.6364 mark.
• Short-term range appears to be Bearish.
• AUDUSD continues to remain above the 0.6320 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.6323 which is a Price 1 Standard Deviation Support.
AUDUSD is now trading near to its Pivot levels of 0.6339 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6322 and is moving towards its next target of 0.6308 which is a 50% Retracement From 13 Week High/Low.

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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.

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[FXOpen Trader]

EURCHF Technical Analysis – 25th FEB, 2025
EURCHF – Bearish Trend Reversal

EURCHF was unable to continue its Bullish momentum and after touching a high of 0.9400 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Bearish trend reversal: Moving Average 50 in the 15-minutes timeframe. The Ichimoku: price is under the cloud in the 15-minutes timeframe.
We have detected Williams %R indicator is back under -50 in the 30-minutes timeframe.
Some of the technical indicators are also giving a Bullish to Neutral signal indicating the presence of the consolidation wave in the markets.
Also, the Support of triangle is broken in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 1-hourly timeframe. We have also detected the Parabolic SAR indicator bearish reversal formation in the daily timeframe.
The prices of EURCHF are now ranging Near a new LOW record (1 year) in the weekly timeframe.
EURCHF is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• EURCHF Bearish reversal seen below the 0.9400 mark.
• Short-term range appears to be Bearish.
• EURCHF continues to remain above the 0.9380 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.9372 which is a Pivot Point 1st Support Point.
EURCHF is now trading near to its Pivot levels of 0.9390 and is moving into a Bearish channel.
The price of EURCHF remains above its Classic support levels of 0.9370 and is moving towards its next target of 0.9361 which is a Price 2 Standard Deviations Support.

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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 Trader]

EURJPY Technical Analysis – 25th FEB, 2025
EURJPY – Near Resistance of Triangle

EURJPY was unable to continue its Bullish momentum and after touching a high of 157.20 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are Near Resistance of Triangle. Also ranging Near horizontal resistance in the 15-minutes timeframe.
We have seen the formation of Doji in the 15-minutes timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
The long-term outlook for the currency still remains as Bullish.
The prices are ranging Near a new LOW record (1 year) in the weekly timeframe.
EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• EURJPY Bearish reversal seen below the 157.20 mark.
• Short-term range appears to be Bearish.
• EURJPY continues to remain above the 156.80 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 156.12 which is a Pivot Point 1st Support Point.
EURJPY is now trading near to its Pivot levels of 156.80 and is moving into a Bearish channel.
The price of EURJPY remains above its Classic support levels of 156.50 and is moving towards its next target of 155.83 which is a Price 2 Standard Deviations Support.

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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 Trader]

EURUSD Technical Analysis – 25th FEB, 2025
EURUSD – Near Resistance of Channel

EURUSD was unable to continue its Bullish momentum and after touching a high of 1.0485 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near resistance of channel and Near resistance of triangle in the 15-minutes timeframe.
We have seen Previous candle closed over Bollinger bands in the 30-minutes timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We will have to see if the EURUSD is ranging into a Fake breakout channel as the overall scenario still remains bearish.
EURUSD is Near resistance of channel in the daily timeframe.
The prices are ranging Near a new LOW record (1st January) in the weekly timeframe.
EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bearish reversal seen below the 1.0485 mark.
• Short-term range appears to be Bearish.
• EURUSD continues to remain above the 1.0480 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 1.0438 which is a Pivot Point 1st Support Point.
EURUSD is now trading near to its Pivot levels of 1.0483 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0457 and is moving towards its next target of 1.0420 which is a 14 Day RSI at 50%.

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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.

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[FXOpen Trader]

GBPJPY Technical Analysis – 25th FEB, 2025
GBPJPY – RSI Indicator: Bearish Divergence

GBPJPY was unable to continue its Bullish momentum and after touching a high of 189.60 the prices started to decline against the United States Dollar today in the US Trading session.
The RSI indicator: bearish divergence along with CCI indicator: bearish divergence is visible in the 15-minutes timeframe.
We have seen the formation of Doji in the 15-minutes timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets.
The CCI indicator is overbought: over 100 is visible in the 2-hourly timeframe.
The prices are ranging Near resistance of channel in the weekly timeframe.
GBPJPY is Near a new LOW record (1 year) in the weekly timeframe.
GBPJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• GBPJPY Bearish reversal seen below the 189.60 mark.
• Short-term range appears to be Bearish.
• GBPJPY continues to remain above the 189.20 levels.
• Average true range ATR is indicating High market volatility.

GBPJPY is now trading near to its Pivot levels of 189.41 and is moving into a Bearish channel.
The price of GBPJPY is above its Classic support levels of 188.89 and is now moving towards its next target of 188.30 which is a Pivot Point 1st Support Point.
We are also looking for the breach of the levels of 187.93 which is a Price 2 Standard Deviations Support.

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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 Trader]

GBPUSD Technical Analysis – 25th FEB, 2025
GBPUSD – Near Horizontal Resistance

GBPUSD was unable to continue its Bullish momentum and after touching a high of 1.2689 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are Near horizontal resistance in the 15-minutes timeframe.
We do see Pivot points: price is over resistance 1 present in the 15-minutes timeframe.
We also see CCI indicator: bearish divergence in the 15-minutes timeframe.
We have seen the formation of Doji in the 15-minutes timeframe.
The Pivot points: price is over resistance 1 is visible in the 30-minutes timeframe.
Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave present in the markets.
Also, the prices are Near horizontal resistance in the 1-hourly timeframe.
The prices continue to range Near a new LOW record (1st January) in the weekly timeframe.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bearish reversal seen below the 1.2689 mark.
• Short-term range appears to be Bearish.
• GBPUSD continues to remain above the 1.2660 levels.
• Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.2656 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.2635 and is now moving towards its next target of 1.2594 which is a Pivot Point 1st Support Point.
We are also looking for the breach of the levels of 1.2574 which is a Price 2 Standard Deviations Support.

#fxopen

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 Trader]

NZDUSD Technical Analysis – 25th FEB, 2025
NZDUSD – Near Resistance of Channel

NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5748 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are Near resistance of channel in the 15-minutes timeframe.
The RSI indicator is back under 50 in the 15-minutes timeframe.
We can see some Fake breakout which will need to be examined to see if the trends are still intact in the markets.
Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
The prices are ranging Support of channel is broken in the 1-hourly timeframe.
We have seen the formation of Doji in the daily timeframe. Also, we have detected Bearish harami present in the weekly timeframe.
The prices of NZDUSD are ranging Near a new LOW record (5 years) in the weekly timeframe.
NZDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 0.5748 mark.
• Short-term range appears to be Bearish.
• NZDUSD continues to remain above the 0.5720 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.5718 which is a Pivot Point 1st Support Point.
NZDUSD is now trading near to its Pivot levels of 0.5726 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.5721 and is now moving towards its next target of 0.5703 which is a Pivot Point 2nd Support Point.

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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 Trader]

USDCAD Technical Analysis – 25th FEB, 2025
USDCAD – Resistance of Channel is Broken

USDCAD was unable to continue its bearish momentum and after touching a low of 1.4178 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The Resistance of Channel is Broken in the 15-minutes timeframe.
We have seen Bullish trend reversal: Moving Average 20 along with Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
We can see Parabolic SAR indicator bullish reversal along with Aroon indicator bullish trend in the 30-minutes timeframe.
We can see Ichimoku - Bullish crossover: Tenkan & Kijun present in the 30-minutes timeframe.
The Ichimoku: price is over the cloud in the 4-hourly timeframe.
Some of the technical indicators are giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets.
The prices of USDCAD are ranging Near a new HIGH record (1 year) in the weekly timeframe.
USDCAD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• USDCAD Bullish reversal seen above the 1.4178 mark.
• Short-term range appears to be Bullish.
• USDCAD continues to remain above the 1.4280 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 1.4291 which is a Pivot Point 1st Resistance Point.
USDCAD is now trading near to its Pivot levels of 1.4285 and is moving into a Bullish channel.
The price of USDCAD remains near its Classic support levels of 1.4242 and is now moving towards its next target of 1.4318 which is a Price 2 Standard Deviations Resistance.

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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 Trader]

USDCHF Technical Analysis – 25th FEB, 2025
USDCHF – Support of Channel is Broken

USDCHF was unable to continue its Bullish momentum and after touching a high of 0.8976 the prices started to decline against the United States Dollar today in the US Trading session.
The Support of channel is broken in the 1-hourly timeframe.
We can see Previous candle closed under Bollinger bands in the 30-minutes timeframe.
The Support of channel is broken is also broken in the 1-hourly timeframe.
We can see Pivot points: price is under support 2 in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets.
USDCHF is now ranging Near a new HIGH record (1 year) in the weekly timeframe.
USDCHF is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• USDCHF Bearish reversal seen below the 0.8976 mark.
• Short-term range appears to be Bearish.
• USDCHF continues to remain above the 0.8920 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.8950 which is a Pivot Point 1st Support Point.
USDCHF is now trading near to its Pivot levels of 0.8929 and is moving into a Bearish channel.
The price of USDCHF remains near its Classic support levels of 0.8892 and is now moving towards its next target of 0.8914 which is a Price 2 Standard Deviations Support.

#fxopen

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 ...