Forex Analyses page 2

In our Analysis from 12.05.2022 of the currency pair EUR/CAD, we expected the price to move upwards until the end of the month. This scenario failed, the long positions that were opened were closed at a loss. Currently, the price reached the lowest point of the previous month in the zone of 1.34 (round number). ...

The currency pair USD/CHF has been in a strong uptrend for two months now. The price reached historical level of 1.00. Our STS_ATR_Distance_Indicator shows that since the beginning of the month the price has passed 118% of its Monthly ATR (Average Monthly movement for the last 6 months). Our STS_RSI_MTF_Indicator shows ...

As we wrote in our Аnalysis from 04.05.2022, we expected the price to fall down to the trading zone between 1.05 and 1.018.  We loaded our STS_Zig_Zag_Bot to open long positions in the defined trading zone, on each H4 candle in which we have a descending 12-period Zig Zag and close all positions at ...

As we wrote in our Analysis from 12.05.2022, we expected the price to make a downward movement of about 400 pips and set our STS_RSI_Breakout_Bot with two options for closing. The first option was if the price directly reaches 400 pips target, the Bot to close the position. The second option – if RSI reached above ...

As we wrote in our Analysis of 11.05.2022 of the currency pair EUR/JPY, we expected a breakout of the formed range in a downward direction. We loaded our STS_RSI_Breakout_Bot to open a short position when the value of the RSI drops to 30 or less. The price broke out of the range, the value of the RSI went below ...

The currency pair EUR/CAD on H1 timeframe is at Support from 200 and 500 EMA. Our STS_RSI_MTF_Indicator shows oversold condition on the Monthly chart with a value of 18. We expect that in the current month the price will make an upward movement, and for this we loaded our STS_Zig_Zag_Bot to open long positions on each ...

The EUR/JPY currency pair has made a strong upward movement since the beginning of the year and our STS_RSI_MTF_Indicator shows an overbought condition on the Monthly chart with value of 73. Since the beginning of the current month, the price has been moving within very narrow limits, forming a range with an up level ...

The USD/JPY currency pair has been in a strong uptrend since the beginning of the Year and our STS_ATR_Distance_Indicator shows that we have currently passed 53% of the Monthly ATR (Average Monthly movement for the last 6 months). The price is in the zone of Resistance. Our ...

The currency pair GBP/USD has been in a strong downtrend since the beginning of the year. Our STS_ATR_Distance_Indicator shows that from the beginning of the month we have passed 83% of the Monthly ATR (Average Monthly movement for the last 6 months). Our STS_RSI_MTF_Indicator ...

As we wrote in our Analysis from 03.05.2022, the currency pair USD/CHF was at strong levels of Resistance and we expected it to make a Downward movement. We loaded our STS_Zig_Zag_Bot to open short positions on each H4 Candle with an ascending 12-period Zig Zag and to ...

The EUR/USD currency pair has been in a strong downward trend since the beginning of the year. The current price has not been at these levels since 2015-2017. The Fed is expected to decide on interest rates this week and data on US Nonfarm Payroll is expected on Friday. This data would be a catalyst for a highly targeted ...

The currency pair USD / CHF on Weekly chart is at a 500EMA Resistance and our STS_RSI_MTF_Indicator shows overbought condition on the large timeframes - Daily, Weekly, Monthly, with an extremely high values above 70. The STS_ATR_Distance_Indicator ...

The currency pair USD/JPY is at strong Resistance from the Monthly chart, and the price hasn't been at these levels since 2015. STS_ATR_Distance_Indicator shows that since the beginning of the Month the price has passed 97% of its Monthly ATR (Average Monthly Movement for the last 6 months). ...

The CAD/JPY currency pair has formed a strong Bearish Divergence on the Weekly Chart. STS_ATR_Distance_Indicator shows that since the beginning of the Month the price has passed 108% of its Monthly ATR (Average Monthly Movement for the last 6 months). These arguments give us a high probability for ...

As we wrote in our Analysis from March 11, 2022, the currency pair GBP/USD had a strong Bullish Divergence. We loaded our STS_Zig_Zag_Bot to open long positions on each H4 candle in which we had a 12-period descending Zig Zag and to close all positions on a 20-period ascending Zig Zag. ...

The currency pair GBP/USD on H4 Timeframe forms a strong Bullish Divergence. STS_ATR_Distance_Indicator shows that since the beginning of the Week the price has passed 78% of its Weekly ATR (Average Weekly Movement for the last 6 Weeks). STS_RSI_MTF_Indicator shows Oversold ...

The USD/JPY currency pair on the Weekly Chart has formed a strong Bearish Divergence. The STS_MA_Distance_Indicator shows that the distance to 10 EMA on a Weekly chart is 137 pips and the distance to 10 EMA on a Monthly Chart is 317 pips. The STS_RSI_MTF_Indicator shows Overbought condition ...

The EUR/AUD currency pair is at strong Support by the 1.57 round number. STS_ATR_Distance_Indicator shows that since the beginning of the month the price has passed 96% of its Monthly ATR (Average Monthly Movement for the last 6 months). STS_RSI_MTF_Indicator shows oversold condition ...

As we wrote in our Analysis from Feb 14, 2022, the currency pair EUR/USD was at support by 200 EMA and the RSI-6 period was oversold. We loaded our STS_RSI_Bot to open long positions on each H4 candle if the STS_RSI_MTF_Indicator showed a value of 30 or less. The Bot opened a total of ...

The EUR/USD currency pair is at support from 200 EMA on the H4 timeframe. The Month started with a strong upward movement after the oversold state on the Monthly Chart, where our STS_RSI_MTF_Indicator showed values ​​below 30 for RSI 6 period. The price went above 200 EMA on the H4 chart and is currently testing it ...