Forex Analyses page 4

The currency pair GBP/USD has been in a strong uptrend since the beginning of December. Corrections are short and time-depending and the 50-period Zig Zag is almost 600 pips long. The price is already in the zone of strong Resistance from the large timeframes and STS_RSI_MTF_Indicator is currently showing an overbought ...

The EUR/USD currency pair on Daily Chart has been in a very narrow range for almost 2 months now. RSI 6 period has not been with values above 70 and below 30 for over a month.   STS_RSI_MTF_Indicator shows values of about 50 (Daily) and 43 (Weekly), which means lack of direction. However, we notice ...

The currency pair GBP/NZD is at a strong Resistance level on Weekly Chart. The previous Weekly thick Bull candle shows the strength of the Bulls. Our STS_ATR_Distance_Indicator shows that, since the beginning of the Month, the current price has passed 71% of the monthly ATR (Average Monthly movement for the last ...

As we wrote in our Analysis from 06.01.2022, the AUD/JPY currency pair had made a series of unsuccessful long positions with the M15 Strategy - distance to 10 EMA - 12 pips. Based on the statistics of the Strategy (check out STS_MA_Distance_Tester ) tested on 5 years of historical data, we expected that the next ...

As we wrote in our Analysis from 04.01.2022, the currency pair USD/JPY had conditions for downward movement. We loaded our STS_MA_Distance_Bot and it opened two short positions in two consecutive Daily candles with target 10 EMA on Daily Chart. The price almost failed to reach its ...

As we wrote in our Analysis from 05.01.2022, the currency pair GBP/USD was at a strong level of Resistance and we expected a downward movement. Our STS_MA_Distance_Bot opened a short position with a target of 10 EMA on the Daily Chart. The price almost reached its target and we ...

As we wrote in our Аnalysis from 06.01.2022, the currency pair AUD/JPY had made a series of losing long trades with the MA_Distance_Strategy on M15 timeframe - 12 pips distance to 10 EMA. We expected the next situations with this Trading Strategy to be profitable. That's why we loaded our STS_MA_Distance_Bot ...

As we wrote in our Analysis earlier today, the AUD/JPY currency pair showed the possibility of short-term long positions. We loaded our STS_MA_Distance_Bot and it opened 2 long positions in two consecutive M15 candles. The Trading Robot closed the positions automatically when the price ...

The currency pair AUD/JPY made a strong downward movement today. Our STS_ATR_Distance_Indicator shows that the price today has passed 144% of the Daily ATR (the Average Daily Movement of the last 6 days). We loaded our STS_MA_Distance_Bot to open long positions on each M15 ...

The currency pair GBP/USD on Daily chart is at Resistance from 200 EMA and RSI 6 period forms Bearish Divergence with the price. Our STS_ATR_Distance_Indicator shows that since the beginning of the Week the price has passed 87% of its Weekly ATR (Average Weekly price movement for the last 6 weeks). ...

The currency pair GBP/JPY made a strong upward movement today and our STS_ATR_Distance_Indicator showed almost 200% movement for the day from the Daily ATR (6 period). The price was far from the Moving Averages on all Timeframes, and we loaded our STS_MA_Distance_Bot   to open short ...

The currency pair USD/JPY made a strong upward movement in the first days of the new year and currently our STS_ATR_Distance_Indicator shows that we have passed almost 84% of the Weekly ATR (6 periods). The STS_RSI_MTF_Indicator shows that all Timeframes from M15 to Monthly are Overbought and with extremely ...

The currency pair GBP/CAD on Daily chart is in the Resistance zone of 200 EMA and 500 EMA. Our STS_RSI_MTF_Indicator with RSI 6 period settings shows overbought condition on all timeframes from M30 to Daily (M30-83, H1-87, H4-71, Daily-81). The STS_MA_Distance_Indicator shows a distance of 116 pips ...

The currency pair USD/CAD has been very volatile in the last 2 months with sharp one-way movements. Due to the fact that the last months have been trendy, we assume that by the end of the year the price will remain in the range. We tested our H1 timeframe range strategy with STS_MA_Distance_Tester and saw that from ...

The currency pair GBP/USD on Weekly Chart is showing possibility for long positions. 1. We have a reverse candle from the previous week with value of RSI 6 periods below 30. 2. Current RSI 6 periods show an increase after crossing the level 30 from the bottom up. 3. Our STS_MA_Distance_Indicator ...

The currency pair AUD/JPY on Daily chart forms Bullish Divergence with RSI 6 period in the support zone of 500 EMA. Our STS_MA_Distance_Indicator shows 157 pips distance up to 10 EMA. Today is the last day of the month and is a good timing for opening long positions because of the above arguments. ...

The currency pair GBP/JPY on Daily chart forms a Bullish Divergence between the current price and RSI 6 period. Our STS_MA_Distance_Indicator shows a distance to 10 EMA of 153 pips. Today is the last day of the month and the probability of upward movement with a target of at least 10 EMA is high. ...

Currently, the currency pair GBP/AUD is close to 10 EMA on the Daily chart. We already have open long positions that our STS_MA_Distance_Bot will close when the price touches 10 EMA. Our expectation is that, in the coming days, the price will move in range on the smaller timeframes. ...

The currency pair USD/CAD on Daily chart made a very strong downward movement in many consecutive Bearish Daily candles and the price moved away to over 120 pips from 10 EMA. Yesterday we had a Bullish candle that broke the top of the last Bearish candle. Today, our STS_MA_Distance_Indicator showed ...

The currency pair EUR/AUD on Daily chart made a very strong downward movement in many consecutive Bearish Daily candles and the price moved away to over 200 pips from 10 EMA. Yesterday we had a Bullish candle that broke the top of the last Bearish candle. Today, our STS_MA_Distance_Indicator showed ...