Technical Analysis
Date: 25.02.2022
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.
Instrument | Description ( H4 Timeframe ) | R | Resistance levels | S | Support Levels |
---|---|---|---|---|---|
GBPUSD | GBPUSD has been trading downward and is presently approaching the 1.3340 support level. MACD's growing bearish trend indicates that the pair will extend its losses after a successful breach below the support level. | R1 R2 | 1.3500 1.3615 | S1 S2 | 1.3340 1.3215 |
EURUSD | EURUSD surged higher after a previous comeback from the 1.1125 support level. MACD's declining bearish momentum suggests the pair will continue its advances toward the 1.1290 resistance level. | R1 R2 | 1.1290 1.1380 | S1 S2 | 1.1230 1.1010 |
USDJPY | USDJPY moved lower after a previous retreat from the 115.65 barrier level. MACD, which indicated dwindling bullish trend, suggests the pair may continue its losses into the 114.30 support level. | R1 R2 | 115.65 116.25 | S1 S2 | 114.30 113.65 |
AUDUSD | The AUDUSD has been trading higher and is presently trading around the resistance level of 0.7205. MACD's declining bearish trend suggests that the pair will continue its gains after a successful breach above the resistance level. | R1 R2 | 0.7205 0.7270 | S1 S2 | 0.7125 0.7055 |
NZDUSD | NZDUSD has been trading downward and is presently approaching the 0.6685 support level. The MACD indicator, which indicated dwindling bullish trend, suggests that the pair may extend its losses after a successful breach below the support level. | R1 R2 | 0.6865 0.7050 | S1 S2 | 0.6685 0.6535 |
USDCAD | USDCAD has been trading higher and is presently challenging the 1.2795 resistance level. MACD's growing bullish trend indicates that the pair will continue its gains after a successful breach over the resistance level. | R1 R2 | 1.2795 1.2950 | S1 S2 | 1.2655 1.2475 |
USDCHF | USDCHF has been trading higher and is presently challenging the 0.9270 resistance level. MACD's declining bearish trend suggests that the pair will continue its gains after a successful breach above the resistance level. | R1 R2 | 0.9270 0.9345 | S1 S2 | 0.9175 0.9095 |
Crude Oil | The price of crude oil has been trading upward and is currently targeting the resistance level at 95.90. MACD's declining bullish trend suggests that the commodity will trade lower in the immediate term as a technical correction. | R1 R2 | 95.90 98.05 | S1 S2 | 93.05 88.50 |
XAUUSD | Gold prices have been trading higher as they approach the resistance level at 1946.30. The MACD indicator, which indicated growing bullish trend, suggests the commodity will extend its gains with a successful breakthrough over the resistance level. | R1 R2 | 1946.03 1971.50 | S1 S2 | 1912.35 1870.15 |
Instrument | 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.