Prices may have been too high, on H4 the RSI tried to get out of the overbought zone, but today there is US economic news on retail sales and unemployment claims. Further decline could reach the middle band line.

EURUSD only

AUDUSD is consolidating near MA 200 Yesterday, the AUDUSD price drew a long-body bearish candlestick with a shadow on the top candle. AUDUSD price fell to the initial track near the MA 200 and middle band line which is the mean value of price ...

What happen in the market today?

Bullishness is confirmed after breaking the triangle pattern, but the RSI is almost approaching the overbought zone, today's trigger may be US CPI data inflation.

EURUSD only

NZDUSD bounces ahead of RBNZ's Official Cash Rate An interesting phenomenon occurred in the NZDUSD pair. The price of this currency pair soars drawing a bull candlestick with a long body small shadow on the top of the candle. Yesterday the price ...

What happen in the market today?

Prices move in low volatility, prices may still be in the range of high 1.09390 and low 1.09160. Today the US PPI will be released.

EURUSD only

Ahead of the CPI data, AUDUSD is stable near the 200 MA AUDUSD drew a bullish candlestick with a small shadow on the top candle yesterday. The price formed a low of 0.65647 and a high of 0.66046 with a close price of 0.65850. The price moved ...

What happen in the market today?

There is a Triangle pattern on EURUSD, a possible trend continuation, but there is no trigger today, and the pair is still sideways.

EURUSD only

Gold prices are stable at market opening. Gold price activity did not experience significant fluctuations on Monday, although it rose slightly, the movement was still within the previous price range of low volatility. This can be seen on M15 where ...

What happen in the market today?

The market seems flat, depicting an indecision market, perhaps today it is moving in a range, but the German CPI data may change the current structure.

EURUSD only

Gold surged amid better US jobless claims data. An interesting event happened with gold yesterday. After gradating since gold's sharp decline on August 5, gold prices are back to soar after successfully crossing $2400. Gold price drew a long-body ...

What happen in the market today?

Today we are waiting for the Unemployment Claims data which is predicted to be 241k, a large difference with the actual data might change the direction of the EURUSD market.

EURUSD only

NZDUSD gains amid supportive New Zealand job data economic news. NZDUSD price extended its increase yesterday drawing a long-body bullish candlestick with a rather long shadow on the top candle. The price reached a new high of 0.60245 on the support ...

What happen in the market today?

The BB squeeze breakout led me to speculate today

EURUSD only

AUDUSD gets little RBA interest rate support. Yesterday AUDUSD drew a bullish candlestick with rather long shadows on the top and bottom candle indicating the market is fluctuating. Price formed a high of 0.065412 and a low of 0.64717, open at ...

What happen in the market today?

EURUSD Bollinger band squeeze on M15, waiting for breakout.

EURUSD only

Profit-taking brought gold down to $2364. After the previous day, gold drew an indecision candle where the price formed a small body bearish candlestick with long shadows on the top and bottom of the candle. However, yesterday the price of gold fell ...

What happen in the market today?

Today saw the EURUSD flying high reaching tp, next break of the upper band, maybe waiting for a pullback is a little safer.

EURUSD only

USDCHF extends losses due to increased demand for safe-haven currencies. Last week, USDCHF drew a long body bearish candlestick indicating a sharp decline extending the previous decline. USDHF has tended to move downwards since May, reflecting ...

What happen in the market today?

EURUSD volatility seems still low in H1, wait for what happens later if the NFP is released.

EURUSD only

AUDUSD continues to fall amid the Fed's decision to keep interest rates unchanged at 5.50%. AUDUSD draws a long body bearish candlestick with small shadows on the top and bottom of the candle. Price formed a high of 0.65595 and a low of 0.64883. ...

What happen in the market today?