Daily Market Analytics - Forex

[FXOpen Trader]

USDJPY Technical Analysis – 08th JAN, 2025
USDJPY – Bullish Harami Cross

USDJPY was unable to continue its bearish momentum and after touching a low of 157.74 the prices started to correct upwards against the United States Dollar today in the London Trading session.
We have seen Bullish Harami Cross formation in the 15-minutes timeframe.
The Resistance of channel is broken in the 1-hourly timeframe. The CCI indicator is overbought: over 100 in the 4-hourly timeframe.
We can see that after the bullish correction the prices are stagnating currently and meeting the resistance levels of 158.66 which is a Price 2 Standard Deviations Resistance.

We have also detected the formation of Bullish engulfing lines in the weekly timeframe.
Some of the technical indicators are now giving a Bearish to Neutral stance indicating the presence of the consolidation wave present into the markets.
The prices of USDJPY are ranging Near a new HIGH record (5 years) in the weekly timeframe.
USDJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.

• Yen Bullish reversal seen above the 157.74 mark.
• Short-term range appears to be Bullish.
• USDJPY continues to remain above the 158.40 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 158.66 which is a Price 2 Standard Deviations Resistance.
USDJPY is now trading near to its Pivot levels of 158.35 and is moving into a Bullish channel.
The price of USDJPY remains above its Classic support levels of 158.12 and is now moving towards its next target of 159.21 which is a 14 Day RSI at 70%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

AUDUSD Technical Analysis – 23rd JAN, 2025
AUDUSD – Resistance of Channel is Broken

AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6250 the prices have started to rise upwards against the United States Dollar today in the Asian trading session.
The Resistance of Channel is Broken in the 15-minutes timeframe.
The RSI indicator is back over 50 in the daily timeframe.
The CCI indicator is overbought: over 100 in the 2-hourly timeframe.
We can see that some of the technical indicator readings are pointing towards a Neutral market condition.
It is also seen that the prices have formed a low and are now moving towards an upper circuit boundary touching the 0.6300 handle in the London trading session today.
The prices are ranging Near a new LOW record (1 year) in the weekly timeframe.
AUDUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Aussie Bullish reversal seen above the 0.6250 mark.
• Short-term range appears to be Bullish.
• AUDUSD continues to remain above the 0.6270 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6305 which is a Pivot Point 1st Resistance Point.
AUDUSD is now trading near to its Pivot levels of 0.6283 and is moving into a Bullish channel.
The price of AUDUSD remains above its Classic support levels of 0.6268 and is moving towards its next target of 0.6333 which is a Price 2 Standard Deviations Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURCHF Technical Analysis – 23rd JAN, 2025
EURCHF – Near Horizontal Support

EURCHF was unable to continue its bearish momentum and after touching a low of 0.9428 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are ranging Near Horizontal Support in the 1-hourly timeframe.
Also, the MACD crosses UP its Moving Average in the 1-hourly timeframe.
The CCI indicator is overbought: over 100 in the 1-hourly timeframe.
We have also seen that the Resistance of triangle is broken in the daily timeframe. Also, the Resistance of channel is broken in the daily timeframe.
We have seen that the prices are making a Zigzag pattern towards the Ascending channel located at the resistance barrier of 0.9450.
We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe.
We have also seen a Bullish opening of the markets this week.
EURCHF is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• EURCHF Bullish reversal seen above the 0.9428 mark.
• Short-term range appears to be Bullish.
• EURCHF continues to remain above the 0.9440 levels.
• Average true range ATR is indicating Less market volatility.


The next resistance is located at 0.9460 which is a 13-Week High.
EURCHF is now trading near to its Pivot levels of 0.9448 and is moving into a Bullish channel.
The price of EURCHF remains above its Classic support levels of 0.9438 and is moving towards its next target of 0.9470 which is a 3-10 Day Moving Average Crossover Stalls.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURJPY Technical Analysis – 23rd JAN, 2025
EURJPY – Resistance of Channel is Broken

EURJPY was unable to continue its bearish momentum and after touching a low of 161.88 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We have also seen the formation of Doji in the 15-minutes timeframe.
The Resistance of channel is broken in the 1-hourly timeframe.
We do see Bullish trend reversal: Moving Average 50 in the 4-hourly timeframe.
We have seen that the CCI indicator is overbought: over 100 in the 4-hourly timeframe.
Also, we can see the clear formation of Doji in the 4-hourly timeframe.
Also, we can see Bullish trend reversal: adaptative moving average 20 in the daily timeframe. Along with it we see Bullish trend reversal: adaptative moving average 50.
Also, Bullish price crossover with adaptative moving average 100 is present in the weekly timeframe.
We can see that the prices are Near a new HIGH record (1st January) in the weekly timeframe.
The prices have continued to range Near support of channel.
EURJPY is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• EURJPY BULLISH reversal seen above the 161.88 mark.
• Short-term range appears to be Bullish.
• EURJPY continues to remain above the 162.70 levels.
• Average true range ATR is indicating High market volatility.


The next resistance is located at 162.67 which is a 38.2% Retracement From 13 Week High.
EURJPY is now trading near to its Pivot levels of 162.65 and is moving into a Bullish channel.
The price of EURJPY remains above its Classic support levels of 162.25 and is moving towards its next target of 162.92 which is a 38.2% Retracement From 13 Week High.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURUSD Technical Analysis – 23rd JAN, 2025
EURUSD – Bullish Price Crossover

EURUSD was unable to continue its bearish momentum and after touching a low of 1.0399 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We have seen Bullish price crossover with adaptative moving average 50 along with CCI indicator: bullish divergence in the 15-minutes timeframe.
Also, the Resistance of channel is broken in the daily timeframe.
We have also detected Aroon indicator bullish trend present in the daily timeframe.
We see Parabolic SAR indicator bullish reversal present in the weekly timeframe.
We do see Bullish price crossover with Moving Average 100 in the 15-minutes timeframe.
The prices of EURUSD are now retracting from the daily highs.
We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe.
EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.0399 mark.
• Short-term range appears to be Bullish.
• EURUSD continues to remain above the 1.0400 levels.
• Average true range ATR is indicating Less market volatility.



The next resistance is located at 1.0461 which is a Pivot Point 1st Resistance Point.
EURUSD is now trading near to its Pivot levels of 1.0424 and is moving into a Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.0401 and is moving towards its next target of 1.0502 which is a Price 1 Standard Deviation Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

GBPJPY Technical Analysis – 23rd JAN, 2025
GBPJPY – Bullish Trend Reversal

GBPJPY was unable to continue its bearish momentum and after touching a low of 192.38 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We see Bullish price crossover with Moving Average 50 along with the Bullish price crossover with adaptative moving average 20 in the 15-minutes timeframe.
We have seen Bullish trend reversal: adaptative moving average 20 in the 30-minutes timeframe.
We do see Bullish price crossover with adaptative moving average 50 also the Ichimoku: price is over the cloud is present in the 30-minutes timeframe.
The RSI indicator is back over 50 in the 1-hourly timeframe.
We can see the clear formation of Bullish engulfing lines in the 1-hourly timeframe.
Now we can see that some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave into the markets.
Also, we do see the prices are ranging Near a new HIGH record (1 month) in the weekly timeframe.
GBPJPY is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• GBPJPY Bullish reversal seen above the 192.38 mark.
• Short-term range appears to be Bullish.
• GBPJPY continues to remain above the 192.50 levels.
• Average true range ATR is indicating High market volatility.


GBPJPY is now trading near to its Pivot levels of 192.51 and is moving into a Bullish channel.
The price of GBPJPY is above its Classic support levels of 192.13 and is now moving towards its next target of 192.43 at which the Price Crosses 40 Day Moving Average Stalls.
We are also looking for the breach of the levels of 192.57 which is a 38.2% Retracement From 13 Week Low.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

GBPUSD Technical Analysis – 23rd JAN, 2025
GBPUSD – Bullish Price Crossover

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.2233 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We do see Bullish price crossover with adaptative moving average 100 in the 15-minutes timeframe.
We have easily detected that the Previous candle closed over Bollinger bands in the 1-hourly timeframe.
Also, we see Bullish price crossover with Moving Average 100 present in the 4-hourly timeframe.
The Bullish harami is present in the daily timeframe.
We can see the clear formation of Bullish engulfing lines in the weekly timeframe.
Now we can see that some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave into the markets.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.2233 mark.
• Short-term range appears to be Bullish.
• GBPUSD continues to remain above the 1.2300 levels.
• Average true range ATR is indicating High market volatility.



GBPUSD is now trading near to its Pivot levels of 1.2328 and is moving into a Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.2301 and is now moving towards its next target of 1.2341 at which the Price Crosses 18 Day Moving Average.
We are also looking for the breach of the levels of 1.2413 which is a 14 Day RSI at 50%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

NZDUSD Technical Analysis – 23rd JAN, 2025
NZDUSD – Resistance of Channel is Broken

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.5649 the prices started to decline against the United States Dollar today in the US Trading session.
The Resistance of channel is broken in the 15-minutes timeframe.
Some of the technical indicators are now giving a bearish to neutral stance present in the markets.
We will have to take into significance the current price action so that we are able to decide about the long-term implications in the New Zealand Dollar. Also, it is very clear that some of the pattern is now in the Zigzag mode which also indicates the undecided nature of the markets.
The prices of NZDUSD are ranging Near a new LOW record (1st January) in the weekly timeframe.
NZDUSD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.5649 mark.
• Short-term range appears to be Bullish.
• NZDUSD continues to remain above the 0.5650 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 0.5692 which is a Pivot Point 1st Resistance Point.
NZDUSD is now trading below its Pivot levels of 0.5668 and is moving into a Bullish channel.
The price of NZDUSD remains near its Classic support levels of 0.5656 and is now moving towards its next target of 0.5731 which is a 38.2% Retracement From 13 Week Low.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

USDCAD Technical Analysis – 23rd JAN, 2025
USDCAD – Near Horizontal Support

USDCAD was unable to continue its bearish momentum and after touching a low of 1.4302 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near Horizontal Support in the 15-minutes timeframe.
We also see the RSI indicator: bullish divergence present in the 15-minutes timeframe.
We have detected the prices are Near support of channel and Near support of triangle in the 30-minutes timeframe.
Looking at the recent price action we do see that the prices are now ranging in the resistance zone that has developed across the levels of 1.4400.
The prices of USDCAD are ranging Near a new HIGH record (1 year) in the weekly timeframe.
USDCAD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 1.4302 mark.
• Short-term range appears to be Bullish.
• USDCAD continues to remain above the 1.4370 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 1.4398 which is a 3-10 Day Moving Average Crossover Stalls.
USDCAD is now trading above its Pivot levels of 1.4346 and is moving into a Bullish channel.
The price of USDCAD remains near its Classic support levels of 1.4327 and is now moving towards its next target of 1.4419 which is a Price 1 Standard Deviation Resistance.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

USDCHF Technical Analysis – 23rd JAN, 2025
USDCHF – Support of Channel is Broken

USDCHF was unable to continue its bullish momentum and after touching a high of 0.9071 the prices started to decline against the United States Dollar today in the US Trading session.
We have seen that the Support of Channel is Broken in the 15-minutes timeframe.
Also, the Moving Average bearish crossovers: MA50 & MA100 are visible in the 15-minutes timeframe.
We do see that the Previous candle closed under Bollinger bands in the 30-minutes timeframe.
We can see the Bearish trend reversal: adaptative moving average 20 in the 2-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets.
USDCHF is now ranging Near resistance of channel in the monthly timeframe.
USDCHF is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• USDCHF Bearish reversal seen below the 0.9071 mark.
• Short-term range appears to be Bearish.
• USDCHF continues to remain above the 0.9050 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.9037 at which the Price Crosses 18 Day Moving Average Stalls.
USDCHF is now trading below its Pivot levels of 0.9054 and is moving into a Bearish channel.
The price of USDCHF remains near its Classic support levels of 0.9038 and is now moving towards its next target of 0.8975 which is a 38.2% Retracement From 13 Week High.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

USDJPY Technical Analysis – 23rd JAN, 2025
USDJPY – Support of Channel is Broken

USDJPY was unable to continue its bullish momentum and after touching a high of 156.09 the prices started to decline against the United States Dollar today in the US Trading session.
We see that the Support of Channel is Broken in the 15-minutes timeframe.
Also Moving Average bearish crossovers: MA20 & MA50 is visible in the 15-minutes timeframe.
We also see the Bearish trend reversal: Moving Average 100 in the 30-minutes timeframe.
We see Bearish trend reversal: Moving Average 50 along with the Moving Average bearish crossovers: AMA20 & AMA50
Also, we see Bearish trend reversal: adaptative moving average 50 in the 2-hourly timeframe.
The prices of USDJPY are ranging near a new HIGH record (1 year) in the weekly timeframe.
USDJPY is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 156.09 mark.
• Short-term range appears to be Bearish.
• USDJPY continues to remain above the 155.18 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 154.96 which is a 38.2% Retracement From 13 Week High.
USDJPY is now trading below its Pivot levels of 155.77 and is moving into a Bearish channel.
The price of USDJPY remains near its Classic support levels of 154.17 and is now moving towards its next target of 153.40 which is a 61.8% Retracement from the 52 Week Low.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

AUDUSD Technical Analysis – 27TH JAN, 2025
AUDUSD – Support of Channel is Broken

AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6307 the prices have started to decline against the United States Dollar today in the Asian trading session.
The Support of channel is broken in the 15-minutes timeframe.
We have also seen the formation of Moving Average bearish crossovers: MA50 & MA100 in the 30 minutes timeframe.
Also, we see MACD crosses DOWN its Moving Average present in the 30-minutes timeframe.
We see the Support of channel is broken in the 1-hourly timeframe.
We have detected Parabolic SAR indicator bearish reversal present in the 1-hourly timeframe.
The Bearish harami is also present in the 4-hourly timeframe.
AUDUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• Aussie Bearish reversal seen below the 0.6307 mark.
• Short-term range appears to be Bearish.
• AUDUSD continues to remain above the 0.6270 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.6270 which is a 14-3 Day Raw Stochastic at 70%.
AUDUSD is now trading near to its Pivot levels of 0.6288 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6271 and is moving towards its next target of 0.6257 which is a Price Crosses 9 Day Moving Average.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURCHF Technical Analysis – 27th JAN, 2025
EURCHF – Near Resistance of Channel

EURCHF was unable to continue its bullish momentum and after touching a high of 0.9491 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near Resistance of Channel in the 15-minutes timeframe.
We can detect Bearish price crossover with Moving Average 20 in the 30-minutes timeframe.
Also, the Support of channel is broken in the 1-hourly timeframe.
We do see Bearish price crossover with adaptative moving average 20 along with the Bearish price crossover with adaptative moving average 100 in the 1-hourly timeframe.
The Ichimoku: price is under the cloud in the 1-hourly timeframe.
We also see Bearish trend reversal: adaptative moving average 20 in the 4-hourly timeframe.
The Bearish harami is present in the 1-hourly timeframe.
EURCHF is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• EURCHF Bearish reversal seen below the 0.9491 mark.
• Short-term range appears to be Bearish.
• EURCHF continues to remain above the 0.9450 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.9446 which is a 38.2% Retracement From 4 Week High.
EURCHF is now trading near to its Pivot levels of 0.9461 and is moving into a Bearish channel.
The price of EURCHF remains above its Classic support levels of 0.9442 and is moving towards its next target of 0.9427 which is a 14-3 Day Raw Stochastic at 50%.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURJPY Technical Analysis – 27th JAN, 2025
EURJPY – Parabolic SAR Indicator Bearish Reversal

EURJPY was unable to continue its bullish momentum and after touching a high of 163.45 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Parabolic SAR Indicator Bearish Reversal in the 15-minutes timeframe.
The Support of channel is broken in the 1-hourly timeframe.
We do see Bearish trend reversal: Moving Average 20 along with Bearish trend reversal: adaptative moving average 20 in the 4-hourly timeframe.
We have seen Bearish trend reversal: adaptative moving average 100 in the 4-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance present in the markets indicating the presence of the Consolidation wave.
Also, Bearish price crossover with adaptative moving average 100 is present in the daily timeframe.
The Bearish harami is visible in the weekly timeframe.
The prices have continued to range Near support of channel.
EURJPY is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• EURJPY Bearish reversal seen below the 163.45 mark.
• Short-term range appears to be Bearish.
• EURJPY continues to remain above the 162.00 levels.
• Average true range ATR is indicating High market volatility.


The next support is located at 161.85 at which the Price Crosses 9 Day Moving Average.
EURJPY is now trading near to its Pivot levels of 162.15 and is moving into a Bearish channel.
The price of EURJPY remains above its Classic support levels of 161.68 and is moving towards its next target of 161.51 at which the Price Crosses 40 Day Moving Average.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

EURUSD Technical Analysis – 27th JAN, 2025
EURUSD – MACD indicator: Bullish Divergence

EURUSD was unable to continue its bearish momentum and after touching a low of 1.0453 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The MACD indicator: Bullish Divergence is visible in the 15-minutes timeframe.
The prices are ranging Near support of channel in the 1-hourly timeframe.
We have seen the formation of Doji in the 1-houlr timeframe.
Also, the Momentum indicator is back over zero in the 2-hourly timeframe.
We have detected Bullish trend reversal: adaptative moving average 50 present in the daily timeframe.
Also, the Price is back over the pivot point in the daily timeframe.
We can see that the prices are Near a new LOW record (1 year) in the weekly timeframe.
EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.0453 mark.
• Short-term range appears to be Bullish.
• EURUSD continues to remain above the 1.0480 levels.
• Average true range ATR is indicating Less market volatility.



The next resistance is located at 1.0535 which is a Price 1 Standard Deviation Resistance.
EURUSD is now trading near to its Pivot levels of 1.0490 and is moving into a Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.0478 and is moving towards its next target of 1.0555 which is a Price Crosses 40 Day Moving Average Stalls.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

GBPJPY Technical Analysis – 27th JAN, 2025
GBPJPY – Near Horizontal Resistance

GBPJPY was unable to continue its bullish momentum and after touching a high of 194.54 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are ranging Near Horizontal Resistance in the 15-minutes timeframe.
We have detected Bearish price crossover with adaptative moving average 100 in the 30-minutes timeframe.
The Support of channel is broken in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance present in the markets indicating the presence of the Consolidation wave in the markets.
The prices of GBPJPY continue to range Near resistance of channel in the daily timeframe. Also Bearish price crossover with Moving Average 100 is present in the daily timeframe.
Also, we do see the prices are ranging Near a new HIGH record (1 month) in the weekly timeframe.
GBPJPY is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• GBPJPY Bearish reversal seen below the 194.54 mark.
• Short-term range appears to be Bearish.
• GBPJPY continues to remain above the 193.50 levels.
• Average true range ATR is indicating Less market volatility.


GBPJPY is now trading near to its Pivot levels of 193.12 and is moving into a Bearish channel.
The price of GBPJPY is above its Classic support levels of 192.67 and is now moving towards its next target of 192.33 which is a Price 1 Standard Deviation Support.
We are also looking for the breach of the levels of 191.99 which is a Price 2 Standard Deviations Support.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

GBPUSD Technical Analysis – 27th JAN, 2025
GBPUSD – Near Horizontal Support

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.2383 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near Horizontal Support in the 15-minutes timeframe.
We can see CCI indicator: bullish divergence present in the 30-minutes timeframe.
Also, we see that GBPUSD is ranging Near horizontal support in the 1-hourly timeframe.
We have seen SuperTrend indicator bearish reversal in the 1-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 4-hourly timeframe.
The Aroon indicator bullish trend is present in the daily timeframe.
Now we can see that some of the technical indicators are giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave into the markets.
GBPUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.2383 mark.
• Short-term range appears to be Bullish.
• GBPUSD continues to remain above the 1.2420 levels.
• Average true range ATR is indicating Less market volatility.



GBPUSD is now trading near to its Pivot levels of 1.2453 and is moving into a Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.2415 and is now moving towards its next target of 1.2462 which is a 38.2% Retracement From 13 Week Low.
We are also looking for the breach of the levels of 1.2499 which is a Price Crosses 40 Day Moving Average.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

NZDUSD Technical Analysis – 27th JAN, 2025
NZDUSD – Near Horizontal Support

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.5678 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are Near Horizontal Support in the 15-minutes timeframe.
The RSI indicator: bullish divergence is present in the 1-hourly timeframe.
We will have to take into significance the current price action so that we are able to decide about the long-term implications in the New Zealand Dollar. Also, it is very clear that some of the pattern is now in the Zigzag mode which also indicates the undecided nature of the markets.
The prices of NZDUSD are ranging Near a new LOW record (1st January) in the weekly timeframe.
NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.5678 mark.
• Short-term range appears to be Bullish.
• NZDUSD continues to remain above the 0.5650 levels.
• Average true range ATR is indicating Less market volatility.





The next resistance is located at 0.5687 which is a 14-3 Day Raw Stochastic at 80%.
NZDUSD is now trading near to its Pivot levels of 0.5663 and is moving into a Bullish channel.
The price of NZDUSD remains near its Classic support levels of 0.5645 and is now moving towards its next target of 0.5707 which is a Pivot Point 1st Resistance Point.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

USDCAD Technical Analysis – 27th JAN, 2025
USDCAD – Near Resistance of Channel

USDCAD was unable to continue its bullish momentum and after touching a high of 1.4398 the prices started to decline against the United States Dollar today in the US Trading session.
The prices are Near Resistance of Channel in the 15-minutes timeframe. Also, the prices are Near resistance of triangle in the 15-minutes timeframe.
We have seen the formation of Doji in both the 1-hourly and 2-hourly timeframe.
We have detected the prices are Near support of channel and Near support of triangle in the 30-minutes timeframe.
We can see Momentum indicator is back under zero in the daily timeframe.
The prices of USDCAD are ranging Near a new HIGH record (1 year) in the weekly timeframe.
USDCAD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 1.4398 mark.
• Short-term range appears to be Bearish.
• USDCAD continues to remain above the 1.4390 levels.
• Average true range ATR is indicating Less market volatility.




The next support is located at 1.4377 at which the Price Crosses 18 Day Moving Average.
USDCAD is now trading near to its Pivot levels of 1.4396 and is moving into a Bearish channel.
The price of USDCAD remains near its Classic support levels of 1.4368 and is now moving towards its next target of 1.4365 which is a 3-10-16 Day MACD Moving Average Stalls.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

 

[FXOpen Trader]

USDCHF Technical Analysis – 27th JAN, 2025
USDCHF – MACD crosses DOWN its Moving Average

USDCHF was unable to continue its bullish momentum and after touching a high of 0.9072 the prices started to decline against the United States Dollar today in the US Trading session.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.
Also, the prices are ranging Near horizontal resistance in the 15-minutes timeframe.
The Support of channel is broken in the daily timeframe.
We have also detected Parabolic SAR indicator bearish reversal present in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets.
USDCHF is now ranging Near resistance of channel in the monthly timeframe.
USDCHF is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• USDCHF Bearish reversal seen below the 0.9072 mark.
• Short-term range appears to be Bearish.
• USDCHF continues to remain above the 0.9050 levels.
• Average true range ATR is indicating Less market volatility.




The next support is located at 0.8998 which is a Price 1 Standard Deviation Support.
USDCHF is now trading near to its Pivot levels of 0.9051 and is moving into a Bearish channel.
The price of USDCHF remains near its Classic support levels of 0.9037 and is now moving towards its next target of 0.8965 which is a Pivot Point 1st Support Point.

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.