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XAU/USD: technical analysis 25.09.2019

XAUUSDH425092019.png

Current trend

XAU/USD is in the stage of downward correction after raising to the level of 1535.03. The price went down below the level of 1531.25 (Murray [8/8]) and can fall further to the levels of 1523.44 (Murray [7/8]). Assuming the pair’s ability to cross this level, the mark of 1517.60 can be targeted if holding short positions. The mark of 1517.60 seem a key level of the downward correction. There is a chance of an upward rebound, while its breakdown would allow the fall to continue. The upward trend will be restored after the price is set above the level of 1535.03. In this case, the next targets of buyers will be the level of 1539.06 (Murray [-1/8]). The breakout and pair’s sustained trading above this level can accelerate the pair towards 1546.88 (Murray [-2/8]). The technical picture is mixed. Bollinger Bands are pointed upwards. MACD is growing in the positive zone. Stochastic has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1527.95, 1523.44, 1517.60.
Resistance levels: 1535.03, 1539.06, 1546.88.

Trading recommendations

Short positions can be opened below the level of 1527.95 with the target at around 1523.44 and stop-loss 1529.20.
Long positions can be opened above the level of 1535.03 with the target at around 1539.06 and stop-loss 1533.70.

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USD/CHF: TECHNICAL ANALYSIS 30.09.2019

USDCHFH43009201922.png

Current trend

USD/CHF continues to consolidate in the side channel around the middle line of Bollinger Bands. If the "bulls" manage to raise the rate above the reistance level of 0.99182 (Murray [5/8]) the correction can continue to the area of 0.99319, that holds the gate for its rise to 0.99487 (Murray [6/8]) resistance line. If USD/CHF cannot consolidate above the level of 0.99182 during short term period, the downward movement restoration and retest of the level 0.98967-0.98877 (Murray [4/8]) are possible. The downward trend will be restored after the price is set below the level of 0.98877. In this case, the next targets of sellers will be the area of 0.98695-0.98572 (Murray [3/8]).
The technical picture is mixed. Bollinger Bands are converging on the background of sideway dynamic. MACD volumes are slowly decreasing in the positive zone. Stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 0.98967, 0.98877, 0.98572.
Resistance levels: 0.99182, 0.99319, 0.99487.

Trading recommendations

Short positions can be opened above the level of 0.98967 with the target at around 0.98877-0.98572 and stop-loss 0.99098.
Long positions can be opened above the level of 0.99182, with the target at around 0.99319-0.99487 and stop-loss 0.99080.

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USD/CAD: TECHNICAL ANALYSIS 30.09.2019
[IMG]
Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The price is now approaching a support in the region of 1.32294. Assuming the pair’s ability to cross 1.32294 mark, the level of 1.32141 can be targeted if holding short positions. Pullback and pair’s sustained trading above the level of 1.32446 could set 1.32560 mark (the middle line of Bollinger bands) on buyers’ radar. The area of 1.32560-1.32599 seem a strong level, which can activate an downward rebound. Meanwhile, break of 1.32599 mark can accelerate the pair towards 1.32751 (Murray [6/8]). Technical indicators mostly keep a sell signal but the upward correction is possible in the short term. Bollinger Bands are diverging on the background of bearish momentum. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is pointed upwards, signaling the development of an upward correction.

Support and resistance

Support levels: 1.32294, 1.32141, 1.31989.
Resistance levels: 1.32446, 1.32599, 1.32751.

Trading recommendations

Long positions can be opened above the level of 1.32446 with the target at around 1.32599-1.32751 and stop-loss 1.32344.
Short positions can be opened below the level of 1.32294 with the target at around 1.32141-1.31989 and stop-loss 1.32395.

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EUR/USD: TECHNICAL ANALYSIS 30.09.2019
EURUSDH4300920192-1024x565.png
Current trend

The EURUSD pair begins today’s trading with slight bearish bias due to downward correction. In order to continue such dynamic the pair must consolidate below the level of 1.09253 (Murray [2/8]). In this case, the next targets of sellers will be the level of 1.09045. The level of 1.09045 seem a key level for the sellers. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1.08726.
Alternative scenario. If the "bulls" manage to raise the rate above the level of 1.09473, the correction can continue to the area of 1.09558 (Murray [3/8])-1.09670. The upward trend will be restored after the price is set above the level of 1.09670. In this case the buyers will aim for the 1.09863 (Murray [4/8]) resistance zone. Technical indicators maintain a sell signal. Bollinger Bands are converging on the background of bearish momentum. Stochastic’s lines are pointed downwards. MACD volumes are slowly decreasing in the negative zone.

Support and resistance

Support levels: 1.09253, 1.09045, 1.08726.
Resistance levels: 1.09558, 1.09670, 1.09863.

Trading recommendations

Short positions can be opened below the level of 1.09253 with the target at around 1.09045 and stop-loss 1.09318.
Long positions can be opened above the level of 1.09558 with the target at around 1.09670-1.09863 and stop-loss 1.09456.

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AUD/USD: TECHNICAL ANALYSIS 01.10.2019
[IMG]
Current trend

On 4-hour chart, the instrument shows a negative dynamic. The price is approaching a strong support in the region of 0.67139 (Murray [4/8]). There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to 0.67045 level. Should prices continue slipping under 0.67045 mark, the level of 0.66833 might try activating a upward rebound.
Alternative scenario. Pullback and pair’s sustained trading above the level 0.67315 will let the price to grow to the area of 0.67444-0.67528 area. The level of 0.67528 seem a key target for upward correction and can prevent the instrument from growing, as the possibility of the reverse of the price is high there. One may speak about upward movement continuation after the price consolidates abve the resistance level of 0.67528. In this case, the next targets of buyers will be the level of 0.67749 (Murray [6/8]). Technical indicators maintain a sell signal. Bollinger Bands are diverging on the background of bearish momentum. The volumes of MACD histogram are growing in the negative zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 0.67139, 0.67045, 0.66833.
Resistance levels: 0.67315, 0.67444, 0.67528.

Trading recommendations

Short positions can be opened below the level of 0.67139 with the target at around 0.67045-0.66833 and stop-loss 0.67241.
Long positions can be opened above the level of 0.67315 with the target at around 0.67444-0.67528 and stop-loss 0.67244.

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USD/JPY: TECHNICAL ANALYSIS 01.10.2019
Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands. The price went up above the level of 108.203 (Murray [6/8]) and can grow further to the levels of 108.398 (Murray [7/8]). However, overbought Stochastic and barrier 108.292 could challenge the pair’s upside. Pullback below the level of 108.203 and pair’s sustained trading below it will let the price fall tom the level of 108.008 (Murray [5/8])-107.900. The area of 107.900, which is the middle line of Bollinger Bands, can prevent the instrument from falling, as the possibility of the reverse of the price is high there. Meanwhile, breakdown of 107.900 mark may be a start for the formation of an downtrend. In this case, the sellers will aim for the level of 107.813 (Murray [4/8])-107.740. Technical indicators mostly keep a buy signal but the upward correction is possible in the short term. Bollinger Bands are converging on the background of bullish momentum. MACD is actively growing in the positive zone. Stochastic is in the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.
USDJPYH401102019ATI-1024x565.png
Support and resistance

Support levels: 108.203, 108.008, 107.813.
Resistance levels: 108.293, 108.398, 108.594.

Trading recommendations

Long positions can be opened above the level of 108.293 with the target at around 108.398-108.594. and stop-loss 108.192.
Short positions can be opened below the level of 108.203 with the target at around 108.008-107.900 and stop-loss 108.303.

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GBP/USD: TECHNICAL ANALYSIS 01.10.2019
Current trend

On 4-hour chart, the instrument is slightly correcting up from the lower line of the Bollinger Bands, but the general downward trend is still maintained. If the "bulls" manage to raise the rate above the level of 1.22986 (Murray [-1/8]), the correction can continue to the area of 1.23124, which coincided with the middle line of Bollinger Bands. The level of 1.23124 seem a key target for the buyers in short term period. The breakout and consolidation above it will give the prospect of growth to the levels of 1.23291 (Murray [0/8]). The downward trend will be restored after the price is set below the level of 1.22681 (Murray [-2/8]). In this case, the next key targets of sellers will be the level of 1.22328.
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is in the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.
GBPUSDH401102019Ati-1024x565.png
Support and resistance

Support levels: 1.22681, 1.22500, 1.22328.
Resistance levels: 1.22986, 1.23124, 1.23291.

Trading recommendations

Short positions can be opened below the level of 1.22681 with the target at around 1.22500-1.22328 and stop-loss 1.22798.
Long positions can be opened above the level of 1.22986 with the target at around 1.23124-1.23291 and stop-loss 1.22884.

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USD/JPY: TECHNICAL ANALYSIS 02.10.2019

Current trend

The USD/JPY pair begins today’s trading with slight bullish bias due to correction. At the moment the price has met the resistance at the level of 107.888. The consolidation above it will give the prospect of growth to the levels of 107.960, which is the key target of upward correction. There is a chance of an downward rebound, while its breakout would allow the raise to continue to the 108.203 level (Murray [6/8]). Alternative scenario. Pullbacks and pair’s sustained trading below 107.813 (Murray [4/8]) could lead to the 107.617 (Murray [3/8]) mark. A significant decrease is possible after the breakout of the level 107.617. In this case, the sellers will aim for the level of 107.422 (Murray [2/8]) support zone. The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are decreasing in the positive zone. Stochastic is preparing to exit the oversold zone and is directed upwards, signaling the development of an upward correction.
USDJPYH402102019Ati-1024x565.png
Support and resistance

Support levels: 107.813, 107.617, 107.422.
Resistance levels: 107.960, 108.203, 108.398.

Trading recommendations

Long positions can be opened above the level of 107.960 with the target at around 108.203 and stop-loss 107.879.
Short positions can be opened below the level of 107.617 with the target at around 107.422 and stop-loss 107.987.

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NZD/USD: TECHNICAL ANALYSIS 02.10.2019
Current trend

NZD/USD quotes attempted to grow, but reaching 0.63477 (Murray [4/8]) mark moved to a decline. If the sellers manage to decline the rate below the level of 0.63171, the correction can continue to the area of 0.62866 (Murray [2/8]), which coincided with the middle line of Bollinger Bands. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the level of 0.62711-0.62561 (Murray [1/8]). The upward trend will be restored after the price is set above the level of 0.63477. In this case, the next targets of buyers will be the level of 0.63614-0.63782 (Murray [5/8]). The technical picture is mixed. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are slowly growing in the positive zone. Stochastic has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.
NZDUSDH402102019Ati-1024x565.png
Support and resistance

Support levels: 0.63171, 0.62866, 0.62711, 0.62561.
Resistance levels: 0.63477, 0.63614, 0.63782.

Trading recommendations

Short positions can be opened below the level of 0.63171 with the target at around 0.62686 and stop-loss 0.63272.
Long positions can be opened above the level of 0.63477 with the target at around 0.63614-0.63782 and stop-loss 0.63375.

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XAU/USD: TECHNICAL ANALYSIS 02.10.2019
Current trend

XAU/USD is in the stage of downward correction after raising to the level of 1487.21. If the sellers manage to decline the rate below the level of 1476.56 , the correction can continue to the area of 1468.75 (Murray [2/8]). If the instrument cannot consolidate below the level of 1476.56 during short term period, it will begin to grow to the area of 1484.38 (Murray [3/8]), which coincided with the middle line of Bollinger Bands. The upward trend will be restored after the price is set abiove the level of 1487.21. In this case, the buyers will aim for the level of 1494.39. Technical indicators maintain a sell signal. Bollinger Bands and Stochastic are pointed downwards. MACD volumes are decreasing in the negative zone, reflecting the possibility of the upward movement formation.
XAUUSDH402102019Ati-1024x565.png
Support and resistance

Support levels: 1476.56, 1468.75, 1462.00.
Resistance levels: 1484.38, 1487.21, 1494.39.

Trading recommendations

Short positions can be opened below the level of 1476.56 with the target at around 1468.75 and stop-loss 1478.80.
Long positions can be opened above the level of 1487.21 with the target at around 1494.39 and stop-loss 1485.20.

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NZD/USD: TECHNICAL ANALYSIS 02.10.2019
Current trend

NZD/USD quotes attempted to grow, but reaching 0.63477 (Murray [4/8]) mark moved to a decline. If the sellers manage to decline the rate below the level of 0.63171, the correction can continue to the area of 0.62866 (Murray [2/8]), which coincided with the middle line of Bollinger Bands. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the level of 0.62711-0.62561 (Murray [1/8]). The upward trend will be restored after the price is set above the level of 0.63477. In this case, the next targets of buyers will be the level of 0.63614-0.63782 (Murray [5/8]). The technical picture is mixed. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are slowly growing in the positive zone. Stochastic has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.
USDCHFH403102019-1024x565.png
Support and resistance

Support levels: 0.63171, 0.62866, 0.62711, 0.62561.
Resistance levels: 0.63477, 0.63614, 0.63782.

Trading recommendations

Short positions can be opened below the level of 0.63171 with the target at around 0.62686 and stop-loss 0.63272.
Long positions can be opened above the level of 0.63477 with the target at around 0.63614-0.63782 and stop-loss 0.63375.

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USD/CAD: TECHNICAL ANALYSIS 03.10.2019
Current trend

On 4-hour chart, the instrument is correcting down after testing 1.33346 resistance level. If the current trend maintains, USD/CAD will reach the 1.33057 (Murray [8/8]) support line. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1.32904 (Murray [7/8])-1.32751 (Murray [6/8]). Alternative scenario. If the "bulls" manage to raise the rate above the level of 1.33271, the growth can continue to the area of 1.33362 (Murray [+2/8]). The level of 1.33362 seem a strong resistance area which can activate a price reverse. Meanwhile, the breakout and pair’s sustained trading beyond this level could set 1.33500-1.33600 mark on buyers’ radar. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are growing in the positive zone. Stochastic is in the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.
USDCADH403102019Ati-1024x565.png
Support and resistance

Support levels: 1.33057, 1.32904, 1.32751.
Resistance levels: 1.33209, 1.33362, 1.33600.

Trading recommendations

Long positions can be opened above the level of 1.33362 with the target at around 1.33600 and stop-loss 1.33282.
Short positions can be opened below the level of 1.33057 with the target at around 1.32751 and stop-loss 1.33159.

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EUR/USD: TECHNICAL ANALYSIS 03.10.2019
Current trend

EUR/USD is in the stage of downward correction after raising to the level of 1.09646. At the moment the price has met the support at the level of 1.09558 (Murray [3/8]). Assuming the pair’s ability to cross this level, the mark of 1.09406 can be targeted if holding short positions. Pair’s sustained trading below the 1.09406 will let the price fall to the 1.09253 (Murray [2/8]), which is the key target of downward correction.
Alternative scenario. If the "bulls" manage to raise the rate above the level of 1.09646, the growth can continue to the area of 1.09711, that holds the gate for its rise to 1.09863 (Murray [4/8]) resistance-line. There is a chance of an downward rebound, while its breakout would allow the growth to continue to the area 1.10168 (Murray [5/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are growing in the positive zone. Stochastic is in the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.
EURUSDH403102019Ati-1024x565.png
Support and resistance

Support levels: 1.09558, 1.09406, 1.09253.
Resistance levels: 1.09646, 1.09711, 1.09863.

Trading recommendations

Short positions can be opened below the level of 1.09558 with the target at around 1.09406-1.09253 and stop-loss 1.09658.
Long positions can be opened above the level of 1.09646 with the target at around 1.09711-1.09863 and stop-loss 1.09573.

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AUD/USD: TECHNICAL ANALYSIS 04.10.2019
Current trend

On 4-hour chart, the instrument shows a positive dynamic. If the current trend maintains the next targets of buyers will be the level of 0.67749 (Murray [6/8]). There is a strong resistanze at the area of 0.67749-0.67766, which can activate a downward rebound. Meanwhile, the breakout and pair’s sustained trading above 0.67766 level will let the price grow to 0.68000 resistance. Alternative scenario. Pullbacks below the level of 0.67444 could lead the price to the 0.67369-0.67139 (Murray [4/8]) level. The level 0.67139 will be a key target of potential downward correction. Technical indicators reflect the moderate maintenance of the current upward trend. The volumes of MACD histogram are growing in the positive zone. MACD is slowly growing in the positive zone. Bollinger Bands are pointed sideways.
AUDUSDH404102019-1024x565.png
Support and resistance

Support levels: 0.67444, 0.67369, 0.67139.
Resistance levels: 0.67577, 0.67749, 0.68000.

Trading recommendations

Long positions can be opened above the level of 0.67749 with the target at around 0.68000 and stop-loss 0.67665.
Short positions can be opened below the level of 0.67444 with the target at around 0.67369-0.67139 and stop-loss 0.67545.

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USD/JPY: TECHNICAL ANALYSIS 04.10.2019
Current trend

USD/JPY continues to consolidate in the side channel after a significant decline over the past three days. In order to continue the downward movement USD/JPY must set below 106.741 level. In this case the retest of the support level of 106.641 is possible. This level can activate an upward rebound. Meanwhile, the brealdown and pair’s sustained trading below this level will let USD/JPY fall to the level of 106.478 (Murray [1/8]).
Alternative scenario. If the "bulls" manage to raise the rate above the level of 106.961, the correction can continue to the area of 107.031 (Murray [2/8])-107.119. The breakout of 107.119 can accelerate the pair towards 107.228. Technical indicators mostly keep a sell signal. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is pointed downwards.
USDJPYH404102019-1024x565.png
Support and resistance

Support levels: 106.741, 106.641, 107.478.
Resistance levels: 106.961, 107.119, 107.228.

Trading recommendations

Long positions can be opened above the level of 106.961 with the target at around 107.119-107.228 and stop-loss 106.872.
Short positions can be opened below the level of 106.741 with the target at around 106.641-107.478 and stop-loss 106.828.

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GBP/USD: TECHNICAL ANALYSIS 04.10.2019
Current trend

GBP/USD is in the stage of downward correction. At the moment the price has met the support at the level of 1.23291 (Murray [2/8]). If the sellers manage to decline the rate below this level, the correction can continue to the area of 1.23000, which coincided with the middle line of Bollinger Bands. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1.22681 (Murray [1/8]). Alternative scenario. If the instrument cannot consolidate below the level of 1.23291 during short term period, the upward movement to the area of the level of 1.23596 is possible. The upward trend will be restored after the price is set above the level of 1.23596. In this case, the next targets of buyers will be the resistance level of 1.23901 (Murray [3/8]). The technical picture is mixed. Bollinger Bands are pointed upwards. The volumes of MACD histogram are slowly growing in the positive zone. Stochastic is pointed downwards, reflecting the high possibility of the downward movement formation.
GBPUSDH404102019A-1024x565.png
Support and resistance

Support levels: 1.23291, 1.23000, 1.22681.
Resistance levels: 1.23596, 1.23901, 1.24127.

Trading recommendations

Short positions can be opened below the level of 1.23291 with the target at around 1.23000 and stop-loss 1.23388.
Long positions can be opened above the level of 1.23596 with the target at around 1.23901 and stop-loss 1.23494.

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USD/CAD: TECHNICAL ANALYSIS 07.10.2019
Current trend

The USD/CAD pair begins today’s trading with slight bullish bias due to upward correction. If the current trend maintains, the next target of buyers will be the level of 1.33362 (Murray [5/8]). The area of 1.33362-1.33473 seem a strong resistance area which can prevent the instrument from growing. Meanwhile the breakout and pair’s sustained trading above the 1.33473 level will let the price grow to the area of 1.33667 (Murray [6/8]). If USD/CAD cannot consolidate above the level of 1.33362 during short term period the downward movement restoration and retest of the level 1.33057 (Murray [4/8])-1.32987 are possible.
The downward trend will be restored after the price is set below the level of 1.32987. In this case, the next targets of sellers will be the level of 1.32828-1.32751. Technical indicators mostly keep a buy signal. Bollinger Bands are converging on the background of bullish momentum. MACD is slowly growing in the positive zone. Stochastic is pointed upwards, reflecting the high possibility of the upward movement formation.
USDCADH40710219-1024x565.png
Support and resistance

Support levels: 1.33128, 1.33057, 1.32987, 1.32751.
Resistance levels: 1.33266, 1.33362, 1.33473, 1.33667.

Trading recommendations

Long positions can be opened above the level of 1.33362 with the target at around 1.33667 and stop-loss 1.33260.
Short positions can be opened below the level of 1.33128 with the target at around 1.33057-1.32800 and stop-loss 1.33237.

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NZD/USD: TECHNICAL ANALYSIS 07.10.2019
Current trend

On 4-hour chart, the instrument shows a mixed dynamic. NZD/USD bounced off the 0.62998 support but is yet to cross the 0.63215 level that impedes growth to 0.63224 (Murray [7/8]) resistance. If NZD/USD cannot consolidate above the level of 0.63215 during short term period, the downward movement restoration and retest of the level 0.62998 are possible. The downward trend will be restored after the price is set below the level of 0.62866 (Murray [4/8]), which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 0.62714 (Murray [3/8]).
Alternative scenario. Pullback and price sustained trading above the level of 0.63224 will let the price to grow to the area of 0.63477 (Murray [8/8]). The breakout of 0.63477 can accelerate the pair towards 0.63629 (Murray [+1/8]). The technical picture is mixed. Bollinger Bands are pointed upwards. The volumes of MACD histogram are slowly decreasing in the positive zone. Stochastic is pointed upwards, reflecting the high possibility of the upward movement formation.
NZDUSDH407102019-1024x565.png
Support and resistance

Support levels: 0.63019, 0.62866, 0.62714.
Resistance levels: 0.63171, 0.63324, 0.63477.

Trading recommendations

Short positions can be opened below the level of 0.63019 with the target at around 0.62866-0.62714 and stop-loss 0.63120.
Long positions can be opened above the level of 0.63171 with the target at around 0.63324-0.63477 and stop-loss 0.63069.

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XAU/USD: TECHNICAL ANALYSIS 07.10.2019
Current trend

XAU/USD is in the stage of downward correction after raising to the level of 1512.65. The first target of the correction is the level of 1500.00 (Murray [4/8]), which corresponds to the middle line of Bollinger Bands. The area of 1500.00-1495.00 can activaye an upward rebound, while its breakdown would allow the fall to continue to the area of 1490.00. The upward trend will be restored after the price is set abiove the level of 1512.65. In this case, the buyers will aim for the level of 1515.63 (Murray [5/8]) - 1519.50. The area of 1519.50 can prevent the instrument from growing, as the possibility of the reverse of the price is high there. The technical picture is mixed. Bollinger Bands are converging on the background of bullish momentum. MACD volumes are decreasing in the positive zone. Stochastic is pointed sideways.
XAUUSDH407102019-1024x565.png
Support and resistance

Support levels: 1500.00, 1495.79, 14900.00.
Resistance levels: 1509.27, 1515.63, 1519.50.

Trading recommendations

Short positions can be opened below the level of 1500.00 with the target at around 1495.79 and stop-loss 1501.30.
Long positions can be opened above the level of 1509.27 with the target at around 1515.63 and stop-loss 1507.25.

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AUD/USD: TECHNICAL ANALYSIS 08.10.2019
Current trend

AUD/USD is in the stage of upward correction after falling to the level of 0.67281. If the "bulls" manage to raise the rate above the resistance level of 0.67503, the correction can continue to the area of 0.67619. Assuming the pair’s ability to cross this level, the mark of 0.67749 can be targeted if holding long positions. The area of 0.67749-0.67790 levels is an important area of resistance to watch in the short-term period. There is a chance of an downward rebound, while its breakout could trigger pairs fresh run-up to a two weeks high surrounding 0.68054.
Alternative scenario.
If AUD/USD cannot consolidate above the level of 0.67503 during short term period, the downward movement and retest of the support level 0.67281 are possible.
The downward trend will be restored after the price is set below the level of 0.67281. In this case, the next targets of sellers will be the level of 0.67139 (Murray [4/8])-0.67092.
Technical indicators mostly reflect the moderate maintenance of the current upward trend. Bollinger Bands are pointed upwards. MACD volumes are in the positive zone and are moving along the zero line. Stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.
AUDUSDH408102016-1024x565.png
Support and resistance

Support levels: 0.67291, 0.67139, 0.67092.
Resistance levels: 0.67503, 0.67619, 0.67749, 0.67902.

Trading recommendations

Long positions can be opened above the level of 0.67503 with the target at around 0.67619-0.67749 and stop-loss 0.67421.
Short positions can be opened below the level of 0.67291 with the target at around 0.67139-0.67092 and stop-loss 0.67357.

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