mercoledì 13 novembre 2019
GBPUSD is consolidating on Wednesday and waiting for a new round of statistics.
On Wednesday, NZDUSD updated its weekly highs after the Reserve Bank of New Zealand kept the key interest rate intact.
After reaching 8535.00, BTCUSD has completed the ascending structure at 8806.00, thus forming a new consolidation range.
USDJPY is correcting towards 5/8, while USDCAD may fall to reach 3/8.
GOLD continues the rising tendency, while NZDUSD is still moving upwards after completing the correction.
Both GBPUSD and EURJPY are still forming their descending corrections.
AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen; NZDUSD is rebounding from the cloud’s upside border, while USDCAD is testing the resistance area.
martedì 12 novembre 2019
On Tuesday afternoon, USDJPY is changing direction in favor of a new correction.
Lacking any external news, GBPUSD is slowly correcting after falling earlier.
Brent is consolidating.
AUDUSD is still moving inside the “overbought area”, while NZDUSD may test the support at 7/8.
EURUSD is forming a new descending channel, while USDJPY continues growing within the ascending tendency.
AUDUSD is about to test the cloud’s downside border; NZDUSD is moving inside the ascending channel, while USDCAD is rebounding from Tenkan-Sen and Kijun-Sen.
EURUSD has almost reached its correctional targets, so it may start a new rising wave pretty soon; USDJPY continues growing, but the mi-term divergence indicates a possible reverse.
lunedì 11 novembre 2019
The major currency pair is quite confident early in another November week.
Gold is moving downwards to reach 1454.08.
USDCAD has broken the descending channel’s upside border, while AUDUSD is rebounding from the descending channel’s downside border.
AUDUSD is testing the cloud’s downside border; NZDUSD is rebounding from Tenkan-Sen and Kijun-Sen, while USDCAD is about to test the descending channel’s upside border.
XAUUSD has broken the sideways channel to the downside; USDCHF continues trading upwards and may reach this year’s highs.
EURUSD is consolidating, while GBPUSD continues moving downwards to reach 3/8.