Daily Market Analytics - Forex

[FXOpen Trader]

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

USDJPY was unable to continue its bullish momentum and after touching a high of 150.24 the prices started to decline against the United States Dollar today in the US Trading session.
We can see that the Support of channel is broken in the 1-hourly timeframe.
We have seen Moving Average bearish crossovers: AMA20 & AMA50 in the 1-hourly timeframe.
We have detected Bearish trend reversal: Moving Average 20 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 can see the formation of Doji in the weekly timeframe.
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 150.24 mark.
• Short-term range appears to be Bearish.
• USDJPY continues to remain above the 149.10 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 149.08 which is a Pivot Point 1st Support Point.
USDJPY is now trading near to its Pivot levels of 149.01 and is moving into a Bearish channel.
The price of USDJPY remains near its Classic support levels of 148.52 and is now moving towards its next target of 148.57 which is a 13-Week 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]

AUDUSD Technical Analysis – 27th FEB, 2025
AUDUSD – Aroon Indicator Bullish Trend

AUDUSD was unable to continue its Bearish momentum and after touching a low of 0.6285 the prices have started to correct upwards against the United States Dollar today in the US Trading session.
We can see Aroon indicator bullish trend along with Bullish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
We have also detected the formation of Doji in the 15-minutes timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We can see Bullish price crossover with Moving Average 20 in the 1-hourly timeframe.
The prices are ranging Near support of triangle in the daily timeframe.
We have seen Pivot points: price is under support 1 in the weekly timeframe.
We do see prices are Near a new LOW record (1 year) in the weekly timeframe.
AUDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Aussie Bullish reversal seen above the 0.6285 mark.
• Short-term range appears to be Bullish.
• AUDUSD continues to remain above the 0.6290 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6331 which is a Price 1 Standard Deviation Resistance.
AUDUSD is now trading near to its Pivot levels of 0.6300 and is moving into a Bullish channel.
The price of AUDUSD remains above its Classic support levels of 0.6287 and is moving towards its next target of 0.6351 at which the Price Crosses 9 Day Moving Average.

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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]

EURCHF Technical Analysis – 27th FEB, 2025
EURCHF – Resistance of Channel is Broken

EURCHF was unable to continue its Bearish momentum and after touching a low of 0.9373 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 detected Bullish trend reversal: Moving Average 100 in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral signal indicating the presence of the consolidation wave in the markets.
The RSI indicator is overbought: over 70 indicating a Neutral market in the 1-hourly timeframe.
The Bullish trend reversal: Moving Average 50 is visible in the 2-hourly timeframe. Also, the Previous candle closed over Bollinger bands in the 2-hourly timeframe.
We have detected Bullish trend reversal: adaptative moving average 20 and the RSI indicator is back over 50 in the 4-hourly timeframe.
We can see Ichimoku: price is over the cloud in the daily timeframe. Also, the prices are ranging Near support of triangle in the daily timeframe.
EURCHF is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• EURCHF Bullish reversal seen above the 0.9373 mark.
• Short-term range appears to be Bullish.
• EURCHF continues to remain above the 0.9400 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.9413 which is a Pivot Point 2nd Level Resistance.
EURCHF is now trading near to its Pivot levels of 0.9413 and is moving into a Bullish channel.
The price of EURCHF remains above its Classic support levels of 0.9401 and is moving towards its next target of 0.9420 which is a 38.2% Retracement From 4 Week 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.

For in-depth analysis, please check ...

 

[FXOpen Trader]

EURJPY Technical Analysis – 27th FEB, 2025
EURJPY – Bullish Trend Reversal

EURJPY was unable to continue its Bearish momentum and after touching a low of 156.05 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see Bullish trend reversal: Moving Average 20 along with Bullish trend reversal: adaptative moving average 20 present in the 4-hourly timeframe.
The RSI indicator: bullish divergence is visible along with MACD indicator: bullish divergence in the daily timeframe.
Some of the technical indicators are also giving a Bearish 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 support of channel and Near support of triangle in the weekly timeframe.
We have also detected CCI indicator: bullish divergence along with Bullish harami in the daily timeframe.
EURJPY is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• EURJPY Bullish reversal seen above the 156.05 mark.
• Short-term range appears to be Bullish.
• EURJPY continues to remain above the 156.80 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 157.32 at which the Price Crosses 9 Day Moving Average.
EURJPY is now trading near to its Pivot levels of 156.98 and is moving into a Bullish channel.
The price of EURJPY remains above its Classic support levels of 156.57 and is moving towards its next target of 157.58 which is a Pivot Point 2nd Level Resistance.

#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]

EURUSD Technical Analysis – 27th FEB, 2025
EURUSD – Bullish Price Crossover

EURUSD was unable to continue its Bearish momentum and after touching a low of 1.0460 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see Bullish price crossover with Moving Average 20 along with Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe.
We have also detected Bullish price crossover with adaptative moving average 50 and the RSI indicator is back over 50 in the 15-minutes timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We have seen Bullish price crossover with Moving Average 20 and Bullish price crossover with adaptative moving average 100 in the 1-hourly timeframe.
The MACD indicator: bullish divergence is visible in the 2-hourly timeframe.
The prices are ranging Near a new LOW record (1st January) in the weekly timeframe.
EURUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.0460 mark.
• Short-term range appears to be Bullish.
• EURUSD continues to remain above the 1.0475 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.0505 which is a Price 1 Standard Deviation Resistance.
EURUSD is now trading near to its Pivot levels of 1.0480 and is moving into a Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.0460 and is moving towards its next target of 1.0528 which is a 1-Month High.

#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]

GBPJPY Technical Analysis – 27th FEB, 2025
GBPJPY – Resistance of Channel is Broken

GBPJPY was unable to continue its Bearish momentum and after touching a low of 188.61 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 1-hourly timeframe.
We can see Moving Average bullish crossovers: MA50 & MA100 present in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance indicating the presence of the Consolidation wave present in the markets.
We have detected Bullish trend reversal: adaptative moving average 20 along with Bullish trend reversal: adaptative moving average 50 in the 4-hourly timeframe.
We can also see Ichimoku - Bullish crossover: Tenkan & Kijun in the 4-hourly timeframe. The MACD indicator: bullish divergence is visible in the daily timeframe.
We can also see CCI indicator: bullish divergence in the weekly timeframe.
GBPJPY is Near a new LOW record (1 year) in the weekly timeframe.
GBPJPY is now trading above its 100-hour SMA and below its 200-hour SMA simple moving average.
• GBPJPY Bullish reversal seen above the 188.61 mark.
• Short-term range appears to be Bullish.
• GBPJPY continues to remain above the 189.50 levels.
• Average true range ATR is indicating Less market volatility.

GBPJPY is now trading near to its Pivot levels of 189.88 and is moving into a Bullish channel.
The price of GBPJPY is above its Classic support levels of 189.25 and is now moving towards its next target of 189.71 which is a Price 3 Standard Deviations Resistance.
We are also looking for the breach of the levels of 189.83 at which the Price Crosses 9 Day Moving Average.

#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]

GBPUSD Technical Analysis – 27th FEB, 2025
GBPUSD – Price is Back over the Pivot Point

GBPUSD was unable to continue its Bearish momentum and after touching a low of 1.2638 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The Price is back over the pivot point in the 15-minutes timeframe.
We can see Ichimoku: price is over the cloud in the 30-minutes timeframe.
Also, the Price is back over the pivot point in the 30-minutes timeframe.
The prices of GBPUSD are Near support of channel in the 1-hourly timeframe.
Some of the technical indicators are giving a Bearish to Neutral stance indicating the presence of the Consolidation wave present in the markets.
We can see Momentum indicator is back over zero in the 1-hourly timeframe. The MACD crosses UP its Moving Average in the 2-hourly timeframe.
We can see Bullish trend reversal: adaptative moving average 20 along with Bullish price crossover with adaptative moving average 100 in the weekly 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 Bullish reversal seen above the 1.2638 mark.
• Short-term range appears to be Bullish.
• GBPUSD continues to remain above the 1.2630 levels.
• Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to its Pivot levels of 1.2673 and is moving into a Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.2638 and is now moving towards its next target of 1.2696 which is a Price 1 Standard Deviation Resistance.
We are also looking for the breach of the levels of 1.2712 which is a Price 3 Standard Deviations Resistance.

#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 – 27th FEB, 2025
NZDUSD – Horizontal support is broken

NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5701 the prices started to decline against the United States Dollar today in the US Trading session.
The Horizontal support is broken in the 15-minutes timeframe.
We can see that the Pivot points: price is under support 3 in the 15-minutes timeframe.
We can see that some range bound consolidation is now going on in the markets. This also means that we will need to wait for the correct Entry times in the NZDUSD.
Some of the technical indicators are giving a Bullish to Neutral stance indicating the presence of the Consolidation wave in the markets.
We have seen Bearish trend reversal: adaptative moving average 50 and Bearish price crossover with Moving Average 50 in the daily timeframe.
The MACD crosses DOWN its Moving Average in the daily timeframe. The prices continue to range Near resistance of channel 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 0.5701 mark.
• Short-term range appears to be Bearish.
• NZDUSD continues to remain above the 0.5640 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.5636 which is a Price 2 Standard Deviations Support.
NZDUSD is now trading near to its Pivot levels of 0.5669 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.5617 and is now moving towards its next target of 0.5623 which is a Price 3 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]

USDCAD Technical Analysis – 27th FEB, 2025
USDCAD – Resistance of Channel is Broken

USDCAD was unable to continue its bearish momentum and after touching a low of 1.4226 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 1-hourly timeframe.
We can see Previous candle closed over Bollinger bands in the 1-hourly timeframe. Also, the Pivot points: price is over resistance 2 in the 2-hourly timeframe.
The Resistance of channel is broken in the daily timeframe.
We can see Bullish price crossover with Moving Average 50 along with Aroon indicator bullish trend in the daily timeframe.
We have also detected Ichimoku: price is over the cloud in the daily 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 1.4226 mark.
• Short-term range appears to be Bullish.
• USDCAD continues to remain above the 1.4410 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 1.4372 which is a Pivot Point 1st Resistance Point.
USDCAD is now trading near to its Pivot levels of 1.4423 and is moving into a Bullish channel.
The price of USDCAD remains near its Classic support levels of 1.4394 and is now moving towards its next target of 1.4406 which is a Pivot Point 2nd Level Resistance.

#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]

USDCHF Technical Analysis – 27th FEB, 2025
USDCHF – Resistance of Channel is Broken

USDCHF was unable to continue its Bearish momentum and after touching a low of 0.8949 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 1-hourly timeframe.
We have detected Moving Average bullish crossovers: AMA20 & AMA50 in the 2-hourly timeframe.
We can see Pivot points: price is over resistance 1 in the 4-hourly timeframe.
The prices are ranging Near support of channel in the daily 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 above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• USDCHF Bullish reversal seen above the 0.8949 mark.
• Short-term range appears to be Bullish.
• USDCHF continues to remain above the 0.8980 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 0.8987 which is a Price 3 Standard Deviations Resistance.
USDCHF is now trading near to its Pivot levels of 0.8987 and is moving into a Bullish channel.
The price of USDCHF remains near its Classic support levels of 0.8961 and is now moving towards its next target of 0.9016 which is a Pivot Point 3rd Level Resistance.

#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 ...