Forex Analytics

After rebounding from the correctional retracement of 50%, the EUR/USD pair resumed its decline and managed to fix below the retracement of 38.2%.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1) and D “Golden Cross” (3).

After finishing the zigzag in the wave 2, the EUR/USD pair formed the descending impulse in the wave [i] along with the correctional wave [ii].

At the beginning of a new five-day period, the USD/JPY pair is trading to the upside after Japan published some weak statistics.

At the H4 chart of EUR USD, the correction below the downside Window continues.

The EUR/USD pair is growing towards 1.0660.

Super Trends formed “bearish cross”, which means that the pair may continue falling.

The main currency pair is being corrected to the upside after 8 trading sessions of sales in a row.

The AUD/USD pair is getting more expensive on Tuesday after Australia and China published their statistical reports.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are getting closer to each other, but still influenced by “Golden Cross” (1).

The EUR/GBP pair rebounded from the group of local fibo-levels and tried to resume its growth.

At the H4 chart of EUR USD, bullish Tweezers and Doji patterns indicate an ascending movement.

The EUR/USD pair is still being corrected towards 1.0660.

After finishing the zigzag in the wave 2, the EUR/USD pair resumed moving downwards.

After all, the NZD/USD pair failed to fix above the 8/8 level and started the current decline accompanied by “bearish cross” formed by Super Trends.