Author - admin_fx20

EURJPY analysis for 31.10.2023

The EURJPY 4H chart shows signs of market consolidation within the Bollinger Bands. The currency pair has been oscillating between the upper and lower bands, indicating periods of volatility followed by stabilization. Notably, the Parabolic SAR dots, initially above the...

AUDCAD analysis for 27.10.2023

The AUD/CAD pair currently displays a notable configuration in its technical indicators. In the MACD indicator, both the signal line and the MACD line are positioned above the histogram, indicating bullish momentum. Additionally, the histogram bars are in green, reinforcing...

NZDUSD analysis for 26.10.2023

The NZDUSD 4H chart illustrates the interaction of the Ichimoku, Bollinger Bands, and MACD indicators. The price movement below the Ichimoku cloud indicates a prevailing bearish trend. This is further supported as the price frequently tests the lower Bollinger Band....

GBPUSD analysis for 25.10.2023

The GBPUSD chart exhibits signs of upward momentum. The price has recently bounced off the lower Bollinger Band and is progressing toward the upper band, indicating a potential bullish trend. Moreover, the MACD demonstrates a bullish crossover, with the MACD...

EURUSD analysis for 24.10.2023

The EURUSD currency pair is exhibiting a descending channel formation, emphasizing a bearish momentum in recent times. The price action within this channel shows that the pair has repeatedly tested the lower boundary, suggesting robust support levels. Furthermore, as we...

Gold analysis for 23.10.2023

The gold price chart exhibits signs of a bullish momentum in the recent past but shows potential signs of consolidation or a slight pullback. The price is currently trading above both the Bollinger Bands' middle line (SMA) and the upper...

EURJPY analysis for 18.10.2023

The EURJPY has been displaying bullish indications, notably through the Ichimoku Kinko Hyo indicator where the last cloud (Kumo) is green, signifying a potential uptrend. The price candles residing above the cloud further underscore this bullish sentiment. Additionally, the conversion...

ETHUSD analysis for 16.10.2023

The 4-hour chart for ETHUSD suggests a possible shift in momentum. The RSI at 50.36, marginally above its RSI-Based MA of 45.40, depicts a market that's neither overbought nor oversold, indicating potential stability. Notably, the MACD line at -3.3 moving...