Montag, 14. Oktober 2019
EURUSD is trading close to the resistance level within the descending tendency, while USDJPY is rebounding from the horizontal resistance level.
EURUSD is trying to rise early in the week; market players are keeping a wary eye on the Fed.
Gold has completed another descending wave at 1480.80; right now, it is consolidating around this level and this range may be considered as a downside continuation pattern.
Bears are trying to push XAUUSD towards the lows, but bulls are wide awake; USDCHF is correcting after the divergence.
AUDUSD is moving inside the rising channel; NZDUSD is rebounding from the cloud, while USDCAD is correction before a new descending impulse.
EURUSD continues heading towards 8/8, while GBPUSD may complete the correction at 7/8.
Freitag, 11. Oktober 2019
On Friday morning, GBPUSD remains energetic and is ready to rise thanks to progress in Brexit talks.
After breaking the consolidation range to the downside, USDCAD has fallen towards 1.3273.
AUDUSD is testing the resistance area; NZDUSD is about to test the cloud’s upside border, while USDCAD is trading towards the channel’s downside border.
USDCAD is still correcting in the middle of the rising channel, while AUDUSD continues the ascending tendency.
Bitcoin continues correcting to the upside, while Ethereum is about to start a new decline.
EURUSD may continue rising to reach 8/8; in case of GBPUSD, bulls may try to break 6/8.
Donnerstag, 10. Oktober 2019
On Thursday afternoon, GBPUSD stopped falling but may resume its decline at any moment.
The major currency pair continues growing slowly; market players are waiting for the news from US-China negotiators.
USDRUB is falling towards 64.84.
GOLD has returned to the rising channel’s downside border; NZDUSD is still trading close to the descending channel’s upside border.
AUDUSD is rebounding from the cloud; NZDUSD is reversing, while USDCAD is testing the resistance level.
AUDUSD is protracting its short-term correction; USDCAD is trading sideways after completing a strong ascending impulse.
USDCHF may grow to reach 8/8, while XAUUSD is still consolidating.