środa, 3 marca 2021
AUDUSD intends to keep its positive momentum but obviously requires some positive reasons for that.
EURUSD reached stability on Wednesday after a volatile trading session the day before but investors do not relax.
GBPUSD is forming a mid-term correction, while EURJPY is about to start a new rising wave after the pullback.
LTCUSD is getting ready for a reversal pattern materialization; EURUSD is correcting before further decline, while NZDUSD is rebounding from the cloud’s downside border.
USDCAD is testing the channel’s upside border; AUDUSD is correcting within the uptrend, while USDCHF continues trading upwards.
USDJPY is moving within the “overbought area”, while USDCAD is falling towards the next target at 2/8.
USDJPY is still consolidating around 106.60.
wtorek, 2 marca 2021
On Tuesday, AUDUSD got under local pressure after the RBA session.
EURUSD got under more pressure due to the market interest towards safe-haven assets.
EURUSD stopped growing and may soon update its low at 1.1952; in the case of USDJPY, the price is trading upwards to reach 107.15.
EURUSD is testing the support area; NZDUSD is about to break a Triangle pattern, while USDCHF is growing within the rising channel.
GOLD is testing another support area; NZDUSD is rebounding from the channel’s downside border, while GBPUSD continues the correction.
Both AUDUSD and NZDUSD are completing their respective corrections.
GBPUSD is still consolidating near the lows. Possibly, the pair may expand the range 1.3820 to extend the correction.
poniedziałek, 1 marca 2021
As we can see in the daily chart, after completing the ascending wave at 58000.00 along with the correctional structure towards 43000.00.
XAUUSD has plunged to 38.2% fibo but may yet continue falling towards 50.0% fibo; in the case of USDCHF, the mid-term uptrend continues.
Early in spring, EURUSD is looking rather weak amid active demand for risks on the market.
EURUSD is rebounding from the cloud’s downside border; EURJPY is growing within the rising channel, while USDCAD is correcting before resuming its growth.
EURUSD is testing the channel’s downside border; USDJPY is rebounding from the resistance level, while EURGBP continues trading downwards.
EURUSD may fall to reach 1.2023; in the case of GBPUSD, the correction continues.
After finishing the correction at 1.2066, EURUSD is consolidating above this level.