Month: October 2020

EURGBP – Daily and 4 Hour Charts Price has been bullish. On the daily time-frame, EURGBP is up-trending within a large consolidation. Price action has formed a bullish channel and the moving averages are bullish and steady, suggesting that the uptrend may continue. EURGBP is moving within a consolidation area …

5th October 2020 TIME RELEASE PREVIOUS FORECAST 0030UTC NAB Business Confidence SEP -8 -10 TIME RELEASE PREVIOUS FORECAST 0900UTC Retail Sales MoM AUG -1.3% 0.5% 6th October 2020 TIME RELEASE PREVIOUS FORECAST 0030UTC Balance of Trade AUG A$4.607B A$5B 0330UTC RBA Interest Rate Decision 0.25% 0.25% TIME RELEASE PREVIOUS FORECAST 1230UTC Balance …

EURCHF – Daily and 4 Hour Charts As suggested in our last Forex EUR analysis, price reversed around the daily moving average and then formed a bullish move. The EURCHF is now looking indecisive on the daily time-frame. Price action has formed a tight horizontal channel at 1.0735-1.0845. The daily …

AUDCHF – Daily and 4 Hour Charts Price has been moving sideways. AUDCHF has become indecisive and has formed a horizontal channel on the daily time-frame (0.6435-0.6730). The daily moving averages are moving sideways – confirming the market indecision. Price is also indecisive on the 4 hour time-frame – AUDCHF …