Isnin, 27 September 2021
Bears keep dominating in XAUUSD; in the case of USDCHF, the price is correcting after breaking the high.
Early in another week of September, EURUSD is calm without any mood swings.
EURUSD is correcting within a Triangle pattern; AUDUSD is testing the resistance level, while NZDUSD is about to resume falling.
EUR, GBP, and Gold may update their respective highs. Today’s overview also covers JPY, CHF, AUD, Brent, and the S&P 500 Index.
Both EURUSD and GBPUSD are expected to reach 2/8.
Jumaat, 24 September 2021
The descending wave in AUDUSD has a shot to reach the low; in the case of USDCAD, the price is forming a new descending wave within the mid-term correction.
GBPUSD has recovered in response to results of the BoE’s meeting.
GBPUSD is testing the resistance level; Brent is growing within the bullish impulse, while NZDUSD is rebounding from the descending channel’s upside border.
EUR and GBP have completed their respective corrections and may resume falling soon. Among other assets discussed in the overview are JPY, CHF, AUD, Brent, Gold, and the S&P 500 Index.
Brent is back inside the “overbought area”, while the S&P 500 index is returning to 3/8.
Khamis, 23 September 2021
GBPUSD is trying to recover after plunging earlier but there is no guarantee it will be able to make it.
EURUSD plummeted after the Fed’s comments.
Brent is approaching the high at 77.48 but there might be a pullback soon; in the case of the Dow Jones index, the price is correcting before forming a new impulse to the downside.
EURUSD is falling within the bearish channel; USDJPY is testing the upside border of a reversal pattern, while USDCAD is about to resume growing.
Brent continues trading upwards, while Gold is still consolidating. Other instruments we’ll mention are EUR, GBP, JPY, CHF, AUD, and the S&P 500 index.
USDCHF is approaching the “overbought area” again, while XAUUSD may fall to reach 3/8.