Monday, September 21, 2020
Early in another September week, EURUSD is back to growing.
XAUUSD continues trading within a Triangle pattern, while the downtrend in USDCHF is consolidating at the long-term 38.2% fibo.
GBPUSD is about to break the cloud’s downside border; BRENT is rebounding from Tenkan-Sen and Kijun-Sen, while BTCUSD is growing within the rising channel.
EURUSD is still forming the rising channel; USDJPY is testing another support area, while EURGBP continues trading upwards.
EURUSD is resuming its growth, while GBPUSD may trade downwards to reach 1/8.
After completing the correction at 1.2864, GBPUSD is forming another ascending structure to reach 1.2990.
Friday, September 18, 2020
After testing and rebounding from 104.88, USDJPY is still trading downwards and trying to test the upside border of the current channel.
BRENT is about to resume growing; CADJPY is falling within the descending channel, while GBPUSD is correcting inside the cloud.
USDCAD is still testing the support level; AUDUSD continues the ascending tendency, while USDCHF is correcting within the downtrend.
Brent may test 5/8, while S&P 500 is still expected to continue falling.
Thursday, September 17, 2020
After testing and breaking 104.88, USDJPY is expected to continue falling with the target at 104.40.
EURUSD is rebounding from Tenkan-Sen and Kijun-Sen; BTCUSD is growing within the rising channel, while USDCAD is about to resume moving upwards.
GOLD continues the correction; NZDUSD is correcting within the ascending tendency, while GBPUSD is still correcting after completing a quick descending movement.
USDCHF has completed the correction and may fall to reach 1/8, while XAUUSD is once again trying to reach 2000.00.