The USDJPY begins positively – Analysis - 14-10-2021
The USDJPY pair opens today with clear positivity to resume the bullish trend, supported by stochastic positivity that appears on the four hours’ time frame, besides the EMA50 that continues to carry the price from below.
Therefore, we are waiting for more rise in the upcoming sessions, noting that our next target is located at 114.00, while holding above 113.10 represents key condition to achieve it.
The expected trading range for today is between 113.00 support and 114.20 resistance
The expected trend for today: Bullish
The GBPUSD breaches the resistance - Analysis - 14-10-2021
The GBPUSD pair managed to breach 1.3660 level and closed the last four hours’ candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to achieve positive targets that start at 1.3720 followed by 1.3795.
The EMA50 supports the expected rise, noting that the continuation of the bullish wave requires holding above 1.3600.
The expected trading range for today is between 1.3600 support and 1.3760 resistance.
The expected trend for today: Bullish
The EURUSD starts bullish correction – Analysis - 14-10-2021
The EURUSD pair surpassed the bearish trend resistance line and settled above it, to start bullish correction for the decline that started from 1.1909 areas, and it needs to breach 1.1615 to confirm extending the correctional bullish wave towards 1.1670 followed by 1.1760 levels.
Therefore, the bullish bias will be suggested for the upcoming period supported by moving above the EMA50, noting that breaking 1.1560 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1.1530 support and 1.1670 resistance.
The expected trend for today: Bullish
Evening update analysis for Gold 13-10-2021
Gold price rallied upwards sharply to breach 1770.00 and 1780.00 levels and reach the expected positive target of the breach at 1797.00, noting that the price is on its way to achieve more expected rises in the upcoming sessions, noting that breaching the last level will lead the price to achieve more gains that reach 1825.15, while consolidating against the current bullish rally will press on the price to decline towards 1770.00 initially.