FXTM

FXTM

The GBPUSD currency pair on the 4 Hours Chart has been in an uptrend since 22 November 2019 when it registered the low price at 1.2823. Subsequently, the price displayed a series of higher tops and higher bottoms. On 05 December 2019, the GBPUSD currency pair recorded the high price of 1.31441. When applying Oscillator Analysis to the price chart, one can see that...

FXTM

The EUR/JPY currency pair, on the H4 time-frame, was in an upward trend until the 2nd of December when a higher top was recorded at 121.017. Supply overwhelmed demand and the upward move was annulled. A closer look revealed that the Momentum Oscillator displayed negative divergence between point a and b compared to the price at 120.595 and 121.017. This could...

FXTM

The EURUSD currency pair on the 4 Hours Chart has been in an uptrend since 29 November 2019 when it registered the low price at 1.09812. Subsequently, the price displayed a series of higher tops and higher bottoms. On 3 December 2019, the EURUSD currency pair recorded the high price of 1.10936. When applying Oscillator Analysis to the price chart, one can see that...

FXTM

The CHFJPY currency pair on the 4 hours chart has been in an uptrend since 24 November 2019 when it registered the low price at 108.848. Subsequently, the price displayed a series of higher tops and higher bottoms. On 03 December 2019, the CHFJPY currency pair recorded the high price of 110.120. When applying Oscillator Analysis to the price chart, one can see...

FXTM

The EUR/USD currency pair, on the H4 time-frame, was in a downtrend until the 29th of November when a lower bottom was recorded at 1.09812. Buyers found the price attractive and demand overcame supply. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at 1.09924 and 1.09812. This could...

FXTM

The AUD/NZD on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 1.06000 on 21 November to reach the lowest level of the period under study at 1.05002. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.05014 with negative...

FXTM

The UK100, on the H4 time-frame, was in an upward move until the 27th of November when a higher top was recorded at 7447.2. Selling pressure overwhelmed buying pressure as the bears started to find the price attractive, causing the upward momentum to be reversed. A closer look revealed that the Momentum Oscillator displayed negative divergence between point a...

FXTM

The EUR/USD on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 1.10000 on 14 November to reach the lowest level of the period under study at 1.09890. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.10097 with negative...

FXTM

The EUR/GBP on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 0.85500 on 27 November to reach the lowest level of the period under study at 0.85010. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 0.85090 with negative...

FXTM

The AUDNZD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.05500 on 25 November to reach the lowest level of the period under study at 1.05408. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.05430 with negative...

FXTM

The USDCAD currency pair on the Daily Chart has been in an uptrend since 29 October 2019 when it registered the low price at 1.30422. Subsequently, the price displayed a series of higher tops and higher bottoms. On 20 November 2019, the USDCAD currency pair recorded the high price of 1.33278. When applying Oscillator Analysis to the price chart, one can see that...

FXTM

The GBP/USD currency pair, on the D1 chart, was in an upward move until the 21st of October. Sellers found the price at 1.30126 attractive and started countering buying pressure. The result is a balance between demand and supply and the ensuing ranging market is still in progress. After the high at 1.30126, the price broke through the 15 Simple Moving Average...

FXTM

Precious metal Gold on the 4 Hours Chart has been in a downtrend since 20 November 2019 when it registered the high price at 1478.739. Subsequently, the price displayed a series of lower tops and lower bottoms. On 25 November 2019, Gold recorded the low price of 1451.756. When applying Oscillator Analysis to the price chart, one can see that price is trading below...

FXTM

The EURAUD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.62500 on 22 November to reach the lowest level of the period under study at 1.62104. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.62400 with negative...

FXTM

The GBPUSD currency pair on the 4 Hours Chart has been in a downtrend since 18 November 2019 when it registered the high price at 1.29854. Subsequently, the price displayed a series of lower tops and lower bottoms. On 22 November 2019, the GBPUSD currency pair recorded the low price of 1.28230. When applying Oscillator Analysis to the price chart, one can see that...

FXTM

On 20 November 2019 a possible bullish scenario was discussed. Sellers however entered the market and the scenario was invalidated. In the meantime, demand pressure continued building and another bullish scenario is possible. The EUR/GBP currency pair, on the H4 time-frame, was in a downward move until the 18th of November when a lower bottom was recorded at...

FXTM

The EURUSD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.10500 on 22 November to reach the lowest level of the period under study at 1.10139. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.10241 with negative...

FXTM

The AUDUSD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 0.68000 on 14 November to reach the lowest level of the period under study at 0.67699. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 0.67920 with negative...