Forex Analytics

The AUD/USD pair is trading to the downside after China published several macroeconomic reports.

The GBP/USD pair is trading to the downside on Tuesday afternoon being influenced by new possible complications of the United Kingdom’s exiting the EU.

The EUR/USD pair is falling towards 1.0620 and then may try to grow to reach 1.0660.

The EUR/USD pair failed to stay above the 7/8 level and resumed falling.

The EUR/USD pair rebounded from the correctional retracement of 61.8% and, as a result, resumed falling.

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

At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicates a descending movement.

After finishing the descending wedge in the wave [i], the EUR/USD pair completed the wave [ii] in the form of the zigzag.

The EUR/GBP pair rebounded from the correctional retracement of 23.6% and several local fibo-levels.

On Wednesday, the USD/JPY pair is falling a little bit, but continues trading in the same mid-term range.

The EUR/USD pair has reached the target of the descending structure and right now is forming the first ascending impulse with the target at 1.0630.

After rebounding from the 7/8 level, the EUR/USD pair moved back to the 6/8 one.

At the H4 chart of EUR USD, bullish Inverted Hammer pattern indicates an ascending pullback.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud (1), they may intersect and form “Golden Cross”.

The EUR/USD pair is still being corrected to the upside.