230921 Session Analysis | Forex Brokers | MT5 & TradingView Platform

Technical Analysis

Date:23.09.2021

Technical Analysis is a trading discipline that is used to analyze assets and find trading opportunities by examining statistical patterns derived from trading activity, such as price movement and volume. In order to navigate the gap between intrinsic value and market price, traders and investors you may benefit from FXTradium’s daily Analysis.

Instruments	Description ( H4 Timeframe )	R	Resistance levels	S	Support Levels
GBPUSD	The pound-to-dollar exchange rate has fallen, and the pair is now challenging the support level around 1.3605. After effectively breaking through the barrier level, the MACD, which indicated rising bullish Trend, suggests that the pair will continue to gain ground after successfully breaking through the resistance level.	R1 R2	1.3695 1.3735	S1 S2	1.3605 1.3515
EURUSD	The euro-dollar exchange rate has been trading downward, and it is now challenging the support level around 1.1705. After successfully breaking below the support level, the MACD indicator, which showed decreasing bullish trend, suggested that the pair would continue to lose ground.	R1 R2	1.1760 1.1800	S1 S2	1.1705 1.1665
USDJPY	In the wake of a recent breakthrough over the prior resistance level at 109.65, the USDJPY has been trading higher. Indicators such as the MACD, which showed rising bullish trend, indicate that the pair will continue its advances into the resistance level at 110.40.	R1 R2	110.40 111.10	S1 S2	109.65. 109.20
AUDUSD	The Australian dollar fell against the US dollar, which is now challenging the support level around 0.7220. After successfully breaking below the support level, the MACD indicator, which showed decreasing bullish trend, suggested that the pair would continue to lose ground.	R1 R2	0.7280 0.7345	S1 S2	0.7220. 0.7115
NZDUSD	The Australian dollar fell against the US dollar, which is now challenging the support level around 0.7220. After successfully breaking below the support level, the MACD indicator, which showed decreasing bullish trend, suggested that the pair would continue to lose ground.	R1 R2	0.7080 0.7160	S1 S2	0.6990 0.6940
USDCAD	The USDCAD has been trading downward, and it is now trading around the support level of 1.2755. After effectively breaking below the support level, the MACD indicator, which indicated rising bearish trend, suggests that the pair will continue to lose ground.	R1 R2	1.2850 1.2905	S1 S2	1.2780 1.2725
USDCHF	The USDCHF has been trading lower recently, and it is now challenging the support level around 0.9230. After successfully breaking below the support level, the MACD indicator, which showed decreasing bullish trend, suggested that the pair would continue to lose ground.	R1 R2	0.9305 0.9375	S1 S2	0.9330 0.9100
Crude Oil	The price of crude oil has risen in recent trading, and it is now challenging the resistance level around 72.30. Because the MACD indicator showed growing bullish trend, it is likely that the commodity would continue its gains after successfully breaking over the barrier level.	R1 R2	72.30 73.75	S1 S2	70.40 67.75
XAUUSD	The gold price has been trading downward, and it is now challenging the support level of 1763.50 cents per ounce. After successfully breaking below the support level, the commodity's MACD indicator, which indicated decreasing bullish trend, suggests that it will continue its losses in the future.	R1 R2	1778.20 1796.55	S1 S2	1765.95 1749.35
Instruments	Description ( H4 Timeframe )	R	Resistance levels	S	Support Levels

⊗Please keep in mind that these are just expectations based on the research and investigations of the FXTradium Technical analysis team, and that the final decision on any specific trade will be made by the client.