The pair has recently risen above 0.9600, which is a level not seen since 2002 in the mid-term. Recently, bullish recovery was observed particularly in the vicinity of a significant psychological support. It was expected that the closest support level was situated close to 1.0200, and that it would be.
Previously, the GBP/USD pair remained under bearish pressure to challenge the new daily low established around 1.2150 which was bypassed few days after. However, considerable support zone existed around 1.1850-1.1900 which has prevented further bearish decline for sometime. However, as bullish momentum started to fade away, more bearish visits were.
Since the EURJPY touched its low of 137.377 on the 3rd of January, the currency has been on a five-day-long uptrend, resulting in an increase of 544 pips. The cost soared to 142.85, nevertheless this was not enough for it to surpass the 100 day MA at 143.026. Even the.
The EURJPY has gained for the majority of the past 6 trading days, beginning at its lowest point on the 3rd of January at 137.377. This progression has resulted in an increase of 544 pips. The peak cost for the day was 142.85, which was close to the 100 day.
Today’s gold price of $1886 was a new high. The blue lines represent the bullish channel. The black line represents the bearish divergence. The gold price did not follow the RSI today. The RSI continues to form lower highs and gives bearish divergence signals. The upper boundary of the channel.
At present, the market for crude oil is a very unpredictable one. The inventory build was much greater than predicted, causing the price to drop briefly before increasing again. This was likely due to closures of refineries due to cold weather, which probably should have been taken into account in.
The Fibonacci extension targets are represented in the form of blue horizontal lines in the image below. A support trend line is no longer intact when the blue line on the graph slopes upward. The RSI (Relative Strength Index) is showing a bearish divergence, which is represented by a black.
n the US trading session, the EURUSD bulls are making a move, pushing the rate beyond the 1.0760 resistance that was seen over the course of the past few days. The price has now moved up to a peak of 1.0776. The pair had been limited to a range of.
We examine XAUUSD using Fibonacci confluence, correlation, market structure, oscillators, and demand and supply zones. We find high-probability trading positions using advanced techniques such as Fibonacci confluence, correlation, market structure, oscillators, and demand and supply zones.
The major US stock indices are picking up some steam to the upside. The major indices are near their highs on the day. A snapshot of the market currently shows: Dow Industrial Average up 128 points or 0.3% at 33645.52 S&P index of 21.96 points or 0.56% 3914 NASDAQ index.
Crude oil futures continue to get hit with the contract price near $73 after trading above $81 just yesterday. The contract is currently trading below the $73 level at $72.94. That’s down close to $4 on the day. Looking at the daily chart above, the low price in December (and.
The US stocks are trading to new session lows. A snapshot of the markets shows: Dow Industrial Average is down -239.43 points or -0.72% at 32907.83 S&P is down -38.59 points or -1.01% at 3800.90 NASDAQ index is down -139.68 points or -1.33% at 10326.80 For the S&P index it.