Forex market sessions

Market sessions

14:05 (GMT+3)

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EURUSD is trying to create a head and shoulders formation or a triple top, AUDUSD is testing the recent broken neckline as a close support, and GBPNZD bounced from the upper line of the symmetrical triangle and the 50% Fibonacci.

Market sessions

Roberto d'Ambrosio

12:18 (GMT+3)

Stocks start the week in the red after last week’s all-time highs, while the Cable is under pressure as Brexit talks hit another stumbling block

A new all-time high was hit last week on the S&P500, which closed the week at +0.8% at 2930 points. The DJIA did even better, closing the week 2.3% up at 26744 points.

Market sessions

Gabriel Ojimadu

09:54 (GMT+3)

EURUSD: a reversal pattern has formed on the euro

On Monday the 24th of September, the euro closed at the level of Friday, leaving a long shadow on the daily candlestick. The British pound coupled with the statements by ECB head Mario Draghi acted as catalysts, thus strengthening the euro against the dollar.

Market sessions

Tomasz Wisniewski

14:28 (GMT+3)

SP500: testing the broken resistance as a support

On the SP500, last week was replete with new all-time highs. If this came as a surprise to you, then you are probably relatively new to the market. We have many reasons to think that the upswing should be continued.

Market sessions

Tomasz Wisniewski

13:42 (GMT+3)

EURUSD: starting the week on the front foot

Monday started with a nice upswing on the EURUSD pair, setting the bullish sentiment for this week. The situation here looks very promising, which should come as no surprise as EURUSD has been building this positive sentiment since the middle of September.

Market sessions

Tomasz Wisniewski

13:17 (GMT+3)

USDJPY: clean, technical setup

The cleanest, and in my opinion, the best setup overall, is the USDJPY, where we have a nice buy signal. USDJPY has made the same correction 4 times in a row (grey)! It all started in the middle of September and since then, every bearish correction has come to around 45 pips. That’s the first thing. The second point is that the price defended the horizontal support at 112.4 (yellow). Slightly below that line was a mid-term upwards trend line (blue), which after today's upswing looks pretty safe.

Market sessions

Gabriel Ojimadu

11:13 (GMT+3)

EURUSD: Movement is expected on the euro against Friday's gains

On Friday, trading on the EURUSD pair closed down. The single currency began to lose ground to the dollar in the European session after hitting new all-time highs. It also accelerated the fall following the British pound in the US session.

Market sessions

Tomasz Wisniewski

14:39 (GMT+3)

Daily analytical report (21/09/18)

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At last, the indecisive EURUSD has made a decision, SP500 has surged, and GBPNZD has finally gone deeper.

Market sessions

Gabriel Ojimadu

10:46 (GMT+3)

EURUSD: the euro is close to the upper boundary of the channel

On Thursday the 20th of September, trading on the EURUSD pair closed up. The euro bulls broke through the resistance at 1.1725 on the back of a reduced appetite for risk. The single currency recovered to 1.1785 by the end of the US session.

Market sessions

Tomasz Wisniewski

14:02 (GMT+3)

Daily analytical report (20/09/18)

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There is a chance for a head and shoulders pattern on EURJPY, USDJPY is hinting at a future upswing, and oil broke the upper line of the symmetrical triangle and the neckline of the inverse head and shoulders pattern.

Market sessions

Gabriel Ojimadu

09:57 (GMT+3)

EURUSD: pair ready to exit the consolidation range

On Wednesday the 19th of September, trading on the euro closed slightly up. Throughout the day, the single currency lacked any pronounced direction. The main drivers behind yesterday’s movements came from news about Brexit, the US-China trade war, and delays to the NAFTA deal. The currency pair spent the day trading within a range of 1.1662 – 1.1715.

Market sessions

Tomasz Wisniewski

13:31 (GMT+3)

Daily analytical report (19/09/18)

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EURJPY broke the mid-term downwards trend line, and later used that as a support, USDCAD broke the lower line of the flag formation and the mid-term upwards trend line, and AUDUSD broke the neckline of the inverse head and shoulder pattern.

Market sessions

Gabriel Ojimadu

09:56 (GMT+3)

EURUSD: pair still trading within Friday’s range

On Tuesday the 18th of September, trading on the euro closed down. Volatility was high throughout all the trading sessions. In the first half of the day, the euro rose to 1.1710. It then dropped to 1.1652 in the US session on the back of a rise in US10Y bond yields to 3.06%. Demand for the US dollar increased after China announced that it would be bringing in new trade tariffs from the 24th of September on more than 5,200 US goods worth 60bn USD.