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- fxtimur replied Sep 12, 2024
EURUSD has reversed before reaching lower band support, rising higher than the previous high and back close to the middle band line. Maybe US PPI data and unemployment claim led to the price rally yesterday.
EURUSD only
- fxtimur replied Sep 12, 2024
Gold set a new record high after releasing PPI data and jobless claims. After moving in a trading range for several weeks, gold prices finally broke out, and a new all-time high printed yesterday. Price draws a bullish long body candlestick with ...
What happen in the market today?
- fxtimur replied Sep 11, 2024
Yesterday EURUSD drew a bearish candlestick with a long wick on the top candle, there is an indication of a downtrend, yesterday's US Core CPI data was higher than expected USD strengthened, today waiting for US core PPI data which may be a ...
EURUSD only
- fxtimur replied Sep 11, 2024
Silver prices are up but still within a range In yesterday's trading session, Silver rose drawing a bull candle with a long body with on top and bottom candle wicks. This precious metal is often positively correlated with gold, but sometimes the two ...
What happen in the market today?
- fxtimur replied Sep 10, 2024
EURUSD is still below the middle band line, but the price is trying to rise, drawing today's bulls candle and trying to pass the previous high. At H1 the price is near the upper band, wait for the price behavior in case of an upside breakout. ...
EURUSD only
- fxtimur replied Sep 10, 2024
EURGBP turbulence to low 0.84256, Claimant Count Change lower than forecast EURGBP fell yesterday drawing a bearish candle with a long shadow on the top candle. Price formed a high of 0.84470 and a low of 0.84226. There is a gap in today's ...
What happen in the market today?
- fxtimur replied Sep 9, 2024
EURUSD breaks the middle band at D1, I think it might look for new support where the RSI is still at level 49.
EURUSD only
- fxtimur replied Sep 9, 2024
Gold prices rose on Monday, still within a range Gold prices fell at the end of last week due to mixed US economic data. Gold prices rose to a high of $2,528, but failed to extend the increase after the NFP and Unemployment rate data were released. ...
What happen in the market today?
- fxtimur replied Sep 8, 2024
Chaotic market changes occurred on Friday, market volatility increased prices ups and downs rapidly, and NFP news had a direct impact on EURUSD. Now it's time for consolidation near the middle band.
EURUSD only
- fxtimur replied Sep 8, 2024
Does USDJPY has the potential to extend its decline? Last week the price of USDJPY tended to draw a downtrend pattern since September 2 sequentially the price drew bearish candlesticks with lower lows. At the weekend, before the release of NFP data, ...
What happen in the market today?
- fxtimur replied Sep 6, 2024
Yesterday's ADP report data was 99k lower than the expected 144k, also lower than the previous data of 111k. Ahead of the NFP technically the Bollinger bands are drawing an ascending channel. NFP may cause volatility to increase later.
EURUSD only
- fxtimur replied Sep 5, 2024
GBPUSD has the potential to continue the bullish trend Yesterday GBPUSD drew an almost shadowless bullish candlestick with a medium candlestick body. GBPUSD's rise continued the previous day of the week after GBPUSD fell from a resistance of 1.32653 ...
What happen in the market today?
- fxtimur replied Sep 4, 2024
Prices still seem to be hovering in the range near the middle band line, even though yesterday's US jobs data put pressure on the USD, today we are waiting for the ADP Non-Farm Employment Change.
EURUSD only
- fxtimur replied Sep 4, 2024
USDCHF weakened after JOLTS data, there is an aura of bearish continuation USDCHF yesterday drew a bearish candlestick with a small shadow on the top candle. This forms the lower low of the previous candle below the middle band line. The US dollar ...
What happen in the market today?
- fxtimur replied Sep 3, 2024
The decline appears to be fading but is not yet fully confirmed. Today waiting for US jobs data that may influence changes to the structure of EURUSD.
EURUSD only
- fxtimur replied Sep 3, 2024
Gold bounces at low $2423, downside potential still exists Yesterday the gold price drew a bearish candlestick with a long shadow at the bottom of the candle. The price has crossed the middle band line from the upside and bounced to around $2492 ...
What happen in the market today?
- fxtimur replied Sep 2, 2024
EURUSD consolidation doesn't seem to be over yet, it's still going up and down near the middle band line. Prices may still be in the previous range. Today's US Manufacturing PMI economic data is expected boost to volatility.
EURUSD only
- fxtimur replied Sep 2, 2024
EURGBP is consolidating near the support zone EURGBP price volatility looks high referring to the Bollinger band indicator, the wide spacing of the upper and lower bands indicates high market volatility. The EURGBP price wave is quite interesting, ...
What happen in the market today?
- fxtimur replied Sep 1, 2024
EURUSD tries to bounce near the middle band line, this line is often the average price where consolidation will occur, a break from the upper side may bring prices dropping deeper.
EURUSD only
- fxtimur replied Sep 1, 2024
EURUSD plunged last week, is September a continuation or reversal? Last weekend the EURUSD price drew a bearish candlestick extending the previous decline and reaching the middle band line. If we go to the weekly TF, the price area is now at the low ...
What happen in the market today?