FXTM

FXTM

The CADCHF currency pair on the Daily Chart has been in a downtrend since 28 October 2019 when it registered the high price at 0.76376. Subsequently, the price displayed a series of lower tops and lower bottoms. On 21 November 2019, the CADCHF currency pair recorded the low price of 0.74252. When applying Oscillator Analysis to the price chart, one can see that...

FXTM

The EUR/USD currency pair, on the H4 time-frame, was in an upward move until 21st of November when a higher top was recorded at 1.10970. Supply overcame demand and the upward momentum was halted. A closer look revealed that the Momentum Oscillator displayed negative divergence between point a and b compared to the price at 1.10900 and 1.10970. This could have...

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 CAD/JPY on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 82.000 on 19 November to reach the lowest level of the period under study at 81.279. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 81.575 with negative...

FXTM

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 0.85219. Demand pressure then started increasing. After the bottom at 0.85219 the price broke through the 15 and 34 Simple Moving Averages and the Momentum Oscillator broke the zero baseline into positive terrain. This...

FXTM

The AUDCHF currency pair on the 4 Hours Chart has been in an uptrend since 14 November 2019 when it registered the low price at 0.66884. Subsequently, the price displayed a series of higher tops and higher bottoms. On 19 November 2019, the AUDCHF currency pair recorded the high price of 0.67747. When applying Oscillator Analysis to the price chart, one can see...

FXTM

The AUD/NZD on the 4-Hour time frame has been following a downtrend recently. The price dipped below the key level of 1.07000 on 12 November to reach the lowest level of the period under study at 1.06091. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. As of writing, the price is hovering around 1.06145 with negative...

FXTM

The AUD/USD currency pair, on the H4 time-frame, was in a down trend until the 14th of November when a lower bottom was recorded at 0.67697. Bulls then started to find the price attractive. After the lower bottom at 0.67697 the price broke through the 15 Simple Moving Average and touched the 34 Simple Moving Average. The Momentum Oscillator pierced the zero...

FXTM

The EURUSD currency pair on the 4 Hours Chart has been in an uptrend since 14 November 2019 when it registered the low price at 1.09890. On 18 November 2019, the EURUSD currency pair recorded the high price of 1.10900. When applying Oscillator Analysis to the price chart, one can see that price is trading above the SMA 60 period Moving Average line, a fact which...

FXTM

The GBP/USD on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 1.29800 on 18 November to reach the highest level of the period under study at 1.29859. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. As of writing, the price is hovering around 1.29570 with...

FXTM

Crude Oil on the Daily Chart has been in an uptrend since 07 November 2019 when it registered the low price at 51.065. Subsequently, the price displayed a series of higher tops and higher bottoms. On 18 November 2019, Crude Oil recorded the high price of 58.078. When applying Oscillator Analysis to the price chart, one can see that price is trading above the SMA...

FXTM

The USD/CAD currency pair, on the H4 time-frame, was in an upward trend until the 14th of November when a higher top was recorded at 1.32706. Supply overwhelmed demand and the upward move was negated. A closer look revealed that the Momentum Oscillator displayed negative divergence between point a and b compared to the price at 1.32557 and 1.32706. This could...

FXTM

The EUR/AUD on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 1.62000 on 14 November to reach the highest level of the period under study at 1.62663. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. As of writing, the price is hovering around 1.62320 with...

FXTM

The EUR/USD currency pair, on the H4 time-frame, was in a downward move until the 14th of November when a lower bottom was recorded at 1.09890. Bulls then started to find the price attractive. A closer look revealed that the Momentum Oscillator displayed positive divergence between point a and b compared to the price at 1.10166 and 1.09890. This could have...

FXTM

The GBP/USD on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 1.28900 on 11 November to reach the highest level of the period under study at 1.28977. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. As of writing, the price is hovering around 1.28812 with...

FXTM

The AUDCHF currency pair on the 4 Hours Chart has been in a downtrend since 07 November 2019 when it registered the high price at 0.68889. On 14 November 2019, the AUDCHF currency pair recorded the low price of 0.66884. When applying Oscillator Analysis to the price chart, one can see that price is trading below the SMA 60 period Moving Average line, a fact which...

FXTM

The Gold market, on the H4 time-frame, was in a downward move until the 12th of November when a lower bottom was recorded at 1445.707. A Hammer Candlestick that formed at the lower bottom hinted that sellers could not take the price lower and demand started to overwhelm supply. A closer look revealed that the Momentum Oscillator displayed positive divergence...

FXTM

The EUR/AUD on the hourly time frame has been following an uptrend recently. The price jumped above the key level of 1.62000 on 14 November to reach the highest level of the period under study at 1.62012. Bulls are pushing the price higher as key technical indicators are supporting the bullish trend. As of writing, the price is hovering around 1.61845 with...