Wednesday, October 20, 2021
After reaching its 3-week high, EURUSD paused not knowing what to do.
The correction in GBPUSD has reached 50.0% fibo; in the case of EURJPY, the price is heading to break the high.
GBPUSD stopped growing; market players are analysing the statistic on prices.
EURUSD is testing Tenkan-Sen and Kijun-Sen; NZDUSD is growing within the bullish channel, while USDRUB is about to start a slight correction.
Gold and Brent are consolidating. We’ll also talk about EUR, GBP, JPY, CHF, AUD, and the S&P 500 index.
USDCAD is forming another correctional impulse; AUDUSD is testing the channel’s upside border, while USDCHF continues moving upwards.
USDJPY may reach the “overbought area”, while USDCAD is expected to break 5/8 and continue falling.
Tuesday, October 19, 2021
After attempting to test 50.0% fibo, EURUSD is starting a new rising movement; in the case of USDJPY, the price is still growing but may start a new pullback at any moment.
GBPUSD is about to break the resistance level; AUDUSD is growing within the bullish channel, while XAUUSD is rebounding from the cloud.
GBPUSD is keeping its positive momentum supported by the weakness of the “greenback”.
EUR and GBP are trading upwards. JPY, CHF, AUD, Brent, Gold, and the S&P 500 index are also covered in the overview.
GOLD is trading upwards; NZDUSD continues forming the ascending impulse, while GBPUSD is testing another resistance level.
The weakness of the “greenback” helps EURUSD to growl.
AUDUSD continues trading upwards, while NZDUSD is heading towards 6/8.
Monday, October 18, 2021
XAUUSD is about to start a new descending wave; in the case of USDCHF, the price has completed the correctional decline at 50.0%.
EURUSD is testing the channel’s upside border; Brent is about to resume growing, while USDJPY is growing within the bullish channel.
EURUSD is back to falling after the US released some solid statistics.
EURUSD is finishing the correctional wave; USDJPY is testing the resistance area, while EURGBP is correcting within the downtrend.
Brent continues trading upwards. Today’s overview also covers EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 Index.
EURUSD continues falling, while GBPUSD is trading within the “overbought area”.