Tuesday, October 26, 2021
EURUSD is about to resume falling; XAUUSD is rebounding from Tenkan-Sen and Kijun-Sen, while NZDUSD continues growing within the bullish channel.
EURUSD continues forming the descending impulse; USDJPY is rebounding from the support area, while EURGBP is testing the support level.
The S&P 500 index continues trading upwards. EUR, GBP, JPY, CHF, AUD, Brent, and Gold are also covered in the overview.
AUDUSD is approaching the “overbought area”, while NZDUSD may grow and reach 7/8.
Monday, October 25, 2021
EURUSD is supported by the risk attitude.
GBPUSD is rebounding from Tenkan-Sen and Kijun-Sen; Brent is testing the resistance level, while AUDUSD is correcting within a Wedge pattern.
USDCAD continues testing the support level; AUDUSD is rebounding from the channel’s upside border, while USDCHF is rebounding from the support area.
EUR and GBP are ready to continue trading upwards. Today’s overview also covers JPY, CHF, AUD, Brent, Gold, and the S&P 500 Index.
EURUSD is heading towards the resistance at 4/8, while GBPUSD may fall and reach 8/8.
Friday, October 22, 2021
USDJPY reached stability after a couple of days of sales.
After reaching 50.0% fibo, AUDUSD is starting a new pullback; in the case of USDCAD, the price is moving to the upside but one shouldn’t exclude a possibility of another decline.
EURUSD is correcting before further growth; XAUUSD is rebounding from the cloud, while NZDUSD continues growing within the bullish channel.
GOLD continues trading upwards; NZDUSD is testing the resistance level, while GBPUSD is correcting within the uptrend.
Gold is ready to resume growing. Among other assets discussed in the overview are EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 Index.
Brent may correct down to 2/8, while the S&P 500 index is trading within the “overbought area”.