Mittwoch, 20. Januar 2021
GBPUSD is approaching the highs after finishing a short-term pullback; in the case of EURJPY, the price has completed a correction after a divergence on MACD and is about to resume growing.
GBPUSD has been slowly rising for the fourth consecutive trading session.
EURUSD is trying to keep its positive momentum; the “greenback” is retreating in anticipation of a new stimulus package.
ETHUSD is rebounding from the cloud’s downside border; NZDUSD is correcting within a Triangle pattern, while USDCHF is about to resume falling.
USDCAD continues moving downwards; AUDUSD is forming another rising wave, while USDCHF is still rebounding from the channel’s upside border.
Bulls are trying to start a new uptrend in USDJPY, while USDCAD is returning to the “oversold area”.
USDJPY has finished the descending wave at 103.76. Today, the pair may consolidate around this level.
Dienstag, 19. Januar 2021
EURUSD is starting a new pullback but may form another descending wave soon, while USDJPY is trying to forming one more wave to the upside to reach 23.6% fibo at 104.74.
USDJPY continues trading sideways; market players can’t decide on their attitude towards “safe haven” assets.
On Tuesday morning, EURUSD is a bit “in the black” due to excellent conditions for a correction.
AUDUSD is rebounding from the cloud’s downside border; USDJPY is correcting with a Triangle pattern, while EURUSD is about to resume falling.
GOLD continues moving sideways; NZDUSD is forming a new correctional wave after finishing the descending impulse, while GBPUSD is still moving to the upside.
After completing their respective corrections, both AUDUSD and NZDUSD are starting to rise slowly.
After completing the descending wave at 1.3520, GBPUSD is growing to reach 1.3626.
Montag, 18. Januar 2021
XAUUSD may start a short-term correctional uptrend after a convergence, while USDCHF has reached 50.0% fibo.
EURUSD continues falling amid European lockdowns and expectations of a new stimulus package in the USD.
EURUSD is rebounding from Tenkan-Sen and Kijun-Sen, Brent is finishing the correction, while AUDUSD is testing the downside border of a reversal pattern.
EURUSD is forming another descending impulse; USDJPY continues moving sideways within the descending channel, while EURGBP is rebounding from the support area again.
The uptrend in EURUSD is at stake as the pair continues falling; in the case of GBPUSD, the price is moving towards 5/8.
After forming another consolidation range around 1.2111 and breaking it to the downside, EURUSD is expected to continue falling to reach 1.2050.