EUR / USD
Last week, the euro significantly strengthened its positions against the US dollar, having managed to gain a foothold above the moving average levels and above the trend line. Now the situation is noticeable when the market is growing, but the indicators are looking down. This can be seen especially clearly in the histogram. Thus, we can talk about the presence of divergence, which increases its value the closer it is to the level of 1.1900. Thus, the options for downward trading can be considered.
parsing EUR / USD by moving averages, RSI and MACD
GBP / USD
For this currency pair, the prerequisites for an upward movement are formed. For the second time, we fix the minimum that the uptrend line is broken to the right side. The last movement began after the market reached a local maximum, which coincided with 1.3145. At the same time, the oscillator found itself in the overbought area. At the same time, the histogram continues to look down for a long time, which formally allows us to speak about the presence of divergence in the current market area. Thus, given that the price is already below the trend line, we can expect a downward trade with the ultimate target at 1.2975
analytics GBP / USD for October 26-30
analysis of GBP / USD by moving averages, RSI and MACD
USD / JPY
The current stage of the price of the US dollar against the Japanese yen is characterized by the presence of a descending channel. Last week the market formed a strong downward movement, during which the price dropped below the level of 105.170 and below the channel boundaries. The indicators continue to move downward, and the pattern of going beyond the channel is classic. First, a strong downward movement was made, then followed by an upward rollback, which ended on the line, after which a downward movement began again. Thus, you can consider trading options for a fall. If the market manages to return to the boundaries of the price range, then we open an up trade.
USD / JPY analytics for October 26-30
parsing USD / JPY by moving averages, RSI and MACD
AUD / USD
The current market area for this currency pair is characterized by a strong significance of the 0.7110 level. It is interesting that here and now the market is making attempts not only to consolidate above the designated level, but also above the level of moving averages. Moreover, this upward movement began after a clear market divergence. You can consider trading options for a rise, but a deal can only be opened if the market finally consolidates above the designated level and above the moving averages. An alternative scenario is trading for a fall, but it will be possible only when the price falls below the level of 0.7100.
analytics AUD / USD for October 26-30
parsing AUD / USD by moving averages, RSI and MACD
USD / CAD
The U.S. Dollar against the Canadian dollar is forming an unstable and uncertain area. This is due to the fact that the market is dominated by a global downtrend, but if you look at the histogram and other indicators, there is a clear decline, since the indicators are close to zero. Oscillators go up from the oversold area, but there is no need to talk about the strength of this movement, since oscillators give weak signals in the trend parts. Thus, we can only say that the global trend continues to look down, and it strengthened last week, which means that we can only consider options for trading down.
USD / CAD analytics for October 26-30
analysis of USD / CAD by moving averages, RSI and MACD
USD / CHF
The past week has led to the formation of 2 situations when the price of the dollar against the Swiss franc attempted to fall below the level of 0.0961. All this happens when a downtrend dominates, which can be clearly traced both in the price chart and in the positions of the main indicators. Thus, we can say that if the current and subsequent candles fix below the designated level, it will be possible to trade for a fall. If the market moves up and rises above the designated level, then it will be possible to trade up with a target on the trend line.
USD / CHF analytics for October 26-30
analysis of USD / CHF by moving averages, RSI and MACD
USD / RUB
The triangle, which we talked about in the previous review, completed its formation with an upward movement. This was followed by a slight increase, which could not become global due to the presence of negative fundamental news on the US dollar. As a result, there was a downward movement, which lowered the value of the American currency against the Russian ruble below the level of the moving averages. The downward movement turned out to be quite strong, and if we consider it globally, then divergence can be traced. Thus, there are all prerequisites for an upward correction to be expected, as the market made an excessive downward movement last week.
USD / RUB analytics for October 26-30
parsing USD / RUB by moving averages, RSI and MACD
Gold still cannot make a forward movement in one direction and is developing near the level of 1909.434. The indicators are close to neutral values, although some dominance of the upward dynamics is observed, which is very well traced in the histogram. The current stage of the market has led to the fact that the price is close to the designated level and the level of the moving averages. The moving averages themselves are looking down, which suggests that the market may have enough strength and momentum to make a downward movement. This will be the main idea for trading for the coming week. It will be possible to trade bullish only if the market consolidates above the level of 1929.770
Gold analytics for October 26-30
analysis of Gold by moving averages, RSI and MACD