Thursday, October 6, 2022
AUDUSD managed to recover after being massively sold for a couple of days.
After failing to attack parity, EURUSD retreated.
Brent may continue trading upwards. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
EURUSD continues the correction; USDJPY is about to resume the uptrend, while is forming a new wave to the upside.
USDCHF may break 5/8 and continue growing. while XAUUSD is expected to return to 6/8.
Wednesday, October 5, 2022
Despite a quite positive overall situation, AUDUSD remains under pressure.
BTC is ready to rise; DOGE is in demand again.
EURUSD revived a little bit due to improved risk attitude.
GBPUSD is correcting in anticipation of another growth; AUDUSD is testing Tenkan-Sen and Kijun-Sen, while USDCAD is falling within a reversal pattern materialisation.
Gold might start a new correction. We’ll also talk about EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is testing the support area.
USDJPY is still trading inside the “overbought area”, while USDCAD may continue the correction.
Tuesday, October 4, 2022
We’re discussing the prospects for EURUSD, GBPUSD, USDJPY, Brent, Gold, and the S&P 500 index in October.
EURUSD is about to break the bearish channel’s upside border; XAUUSD is correcting in anticipation of a new growth, while USDCHF has rebounded from the cloud.
After having a positive Monday, AUDUSD is back to falling.
USDJPY is trying to keep its positive momentum, but the bulls are very cautious.
Brent is growing before another correction. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
XAUUSD is testing the resistance area, while both NZDUSD and GBPUSD are correcting.
AUDUSD is returning to 0/8, while NZDUSD may update the September low.