Forex Analytics

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

It looks like the EUR/USD pair completed the wave 2 in the form of the double zigzag and then started falling in the wave i.

After skyrocketing to the November’s highs, the main currency pair started trading to the downside slowly; the market is turning to the USD again.

The AUD/USD pair started falling a little bit on Thursday after the market sentiments for the American currency changed.

The EUR/USD pair has tested 1.0740 from above and right now is consolidating.

The EUR/USD pair reached the 4/8 level and the daily Super Trend.

At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicated that the descending correction continues.

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); D Tenkan-Sen and D Kijun-Sen are still influenced by D “Golden Cross” (3).

The EUR/USD pair is still falling.

At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicated that the descending correction continues.

The USD/JPY pair is trading to the upside in response to several statistical reports published by Japan.

At the H4 chart, Super Trends formed “bearish cross”.

The EUR/USD pair reached the group of fibo-levels at 1.0680.

The EUR/USD pair is still moving downwards.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another, they may intersect and form “Golden Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross” (3).