empty
bd
Support
Instant account opening
Trading Platform
Deposit/Withdraw

07.09.202310:00 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: EUR/USD and GBP/USD: Technical analysis for September 7

EUR/USD

Exchange Rates 07.09.2023 analysis

Higher Timeframes

The continuation of the decline at the opening of the new trading week helped the bearish players to drop to the area of the monthly medium-term trend (1.0722) and begin testing it. Yesterday, a slowdown was indicated. If the strength of the encountered support proves to be sufficient, then bullish players may attempt to conclude the decline and start recovering their positions. The most important resistances in the current situation are now at the levels of 1.0807 (the final level of the weekly Ichimoku cross) - 1.0879 (monthly short-term trend) - 1.0898 (weekly medium-term trend). If the decline continues, the euro awaits a fairly wide support zone of 1.0578 - 1.0533 - 1.0500 - 1.0447, formed by levels of various timeframes.

Exchange Rates 07.09.2023 analysis

H4 - H1

On the lower timeframes, the main advantage is currently on the bears' side. They are consolidating around the central pivot point of the day (1.0727), reinforced by the monthly medium-term trend (1.0722). In case of further decline during the day, classic pivot points may provide support (1.0704 - 1.0682 - 1.0659). To change the current balance of power in favor of the bullish players, they need to rise and establish themselves above the weekly long-term trend (1.0783), turning the moving average upwards. Intermediate resistance on this path today may come from the resistances of classic pivot points (1.0749 - 1.0772).

***

GBP/USD

Exchange Rates 07.09.2023 analysis

Higher Timeframes

Bearish players have completed another upward correction and continued the daily downward trend. Currently, in order to reach the main daily target—the target for breaking the daily cloud (1.2394 - 1.2311), they need to overcome the supports at 1.2477 (monthly short-term trend) and 1.2441 (the final level of the weekly Ichimoku cross). The main resistances in this market area are the key levels of the daily cross (1.2613 - 1.2648), as well as the range of 1.2574–81 (monthly Fibonacci Kijun + weekly medium-term trend).

Exchange Rates 07.09.2023 analysis

H4 - H1

The main advantage on the lower timeframes currently belongs to the bears. The reference points for further decline at the moment are the support levels of classic pivot (1.2461 - 1.2420 - 1.2357). If the sentiment changes, and bullish players gain momentum, the key intraday benchmarks will be the central pivot point of the day (1.2524) and the weekly long-term trend (1.2598), with intermediate resistance at 1.2565 (R1).

***

The technical analysis of the situation uses:

Higher timeframes - Ichimoku Kinko Hyo (9.26.52) + Fibo Kijun levels

Lower timeframes - H1 - Pivot Points (classic) + Moving Average 120 (weekly long-term trend)

*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।

বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

আরও দেখুন


ফরেক্স নিউজ
  • 2025-04-03 20:17:55
    US Exports Surge 2.9% to All-Time High
    2025-04-03 20:17:55
    Canadian Imports Hit New Record High
    2025-04-03 20:17:55
    Canadian Exports Drop
    2025-04-03 20:17:55
    U.S. Imports Remain Close to Record High
    2025-04-03 20:17:55
    Canada Posts Surprise Trade Shortfall
    2025-04-03 20:17:55
    US Claims Fall, Continuing Rise to Over 3-Year High
    2025-04-03 20:17:55
    US Trade Gap Remains Near Record High
    2025-04-03 20:17:55
    Slight Dip in U.S. Imports Signals Market Stability in February 2025
    2025-04-03 20:17:55
    U.S. Export Growth Surges to $278.5 Billion in February 2025
    2025-04-03 20:17:55
    US Jobless Claims Show Slight Improvement in Early April
  • 2025-04-03 20:17:55
    Atlanta Fed's GDPNow Forecast Brightens Amid Slight Economic Uptick in Q1
    2025-04-03 20:17:55
    DAX Suffers Worst Day in Over 8 Months
    2025-04-03 20:17:55
    Brazilian Real at Over 5-Month Highs
    2025-04-03 20:17:55
    UK Stocks End at Over 2-Month Low
    2025-04-03 20:17:55
    US 30-Year Mortgage Rate Eases for 3rd Consecutive Week
    2025-04-03 20:17:55
    European Stocks Fall Sharply on Trump’s New Tariffs
    2025-04-03 20:17:55
    Mexican Peso Strengthens Amid Tariff Exemption
    2025-04-03 20:17:55
    Slight Dip in 8-Week Bill Auction Yield in the United States
    2025-04-03 20:17:55
    Steady Climb: US 4-Week Bill Auction Sees Marginal Increase in Yield to 4.240%
    2025-04-03 20:17:55
    Irish Exchequer Returns Surge in March, Hitting €4.1 Billion
  • 2025-04-03 20:17:55
    Gasoline Drops Further After OPEC+
    2025-04-03 20:17:55
    Fitch Cuts China's Credit Rating to A
    2025-04-03 20:17:55
    Heating Oil Near 3-Month Lows
    2025-04-03 20:17:55
    US Natural Gas Storage Rises More than Expected
    2025-04-03 20:17:55
    Lumber Retreats From 2-1/2-Year High
    2025-04-03 20:17:55
    U.S. Natural Gas Storage Levels Decline: April 2025 Update
    2025-04-03 20:17:55
    Canada 10-Year Bond Yield Drops Amid Recession Fears
    2025-04-03 20:17:55
    Mexico Fixed Investment Shrinks the Most in 4 Years
    2025-04-03 20:17:55
    Baltic Dry Index Dips to 3-Week Low
    2025-04-03 20:17:55
    US Services Growth Lowest in 9 Months: ISM
  • 2025-04-03 20:17:55
    U.S. ISM Non-Manufacturing Prices See a Slight Decline in March
    2025-04-03 20:17:55
    US ISM Non-Manufacturing PMI Declines in March, Indicates Slowing Growth
    2025-04-03 20:17:55
    U.S. ISM Non-Manufacturing Employment Dips Sharply in March
    2025-04-03 20:17:55
    U.S. ISM Non-Manufacturing New Orders Decline to 50.4 in March
    2025-04-03 20:17:55
    Growth in US Service Sector Gains Momentum in March as Business Activity Rises
    2025-04-03 20:17:55
    Canada Services Activity Plunges to Lowest on Record
    2025-04-03 20:17:55
    US Private Sector Growth Picks Up in March: S&P Global
    2025-04-03 20:17:55
    US Services PMI Revised Higher
    2025-04-03 20:17:55
    TSX Plunges Amid Tariff Fears and Trade Imbalances
    2025-04-03 20:17:55
    U.S. Services Sector Shows Resilience with Slight PMI Uptick in March
  • 2025-04-03 20:17:55
    U.S. Economic Momentum Grows as S&P Global Composite PMI Rises in March
    2025-04-03 20:17:55
    Canada Private Sector Activity Plummets in March
    2025-04-03 20:17:55
    US Stocks Sink
    2025-04-03 20:17:55
    Ibovespa Retreats After US Tariff Rollout
    2025-04-03 20:17:55
    Brazilian Services Activity at 4-Month High
    2025-04-03 20:17:55
    Gold Falls from Record High
    2025-04-03 20:17:55
    Brazil Private Sector Activity at 4-Month High
    2025-04-03 20:17:55
    US Continuing Jobless Claims Highest Since November 2021
    2025-04-03 20:17:55
    Brazil's Service Sector Gains Momentum: March S&P Global Services PMI Rises to 52.5
    2025-04-03 20:17:55
    Brazil's Economic Momentum Gathers Pace in March: S&P Global Composite PMI Rises to 52.6
  • 2025-04-03 20:17:55
    US Exports Surge 2.9% to All-Time High
    2025-04-03 20:17:55
    Canadian Imports Hit New Record High
    2025-04-03 20:17:55
    Canadian Exports Drop
    2025-04-03 20:17:55
    U.S. Imports Remain Close to Record High
    2025-04-03 20:17:55
    Canada Posts Surprise Trade Shortfall
    2025-04-03 20:17:55
    US Claims Fall, Continuing Rise to Over 3-Year High
    2025-04-03 20:17:55
    US Trade Gap Remains Near Record High
    2025-04-03 20:17:55
    Slight Dip in U.S. Imports Signals Market Stability in February 2025
    2025-04-03 20:17:55
    U.S. Export Growth Surges to $278.5 Billion in February 2025
    2025-04-03 20:17:55
    US Jobless Claims Show Slight Improvement in Early April
  • 2025-04-03 20:17:55
    Atlanta Fed's GDPNow Forecast Brightens Amid Slight Economic Uptick in Q1
    2025-04-03 20:17:55
    DAX Suffers Worst Day in Over 8 Months
    2025-04-03 20:17:55
    Brazilian Real at Over 5-Month Highs
    2025-04-03 20:17:55
    UK Stocks End at Over 2-Month Low
    2025-04-03 20:17:55
    US 30-Year Mortgage Rate Eases for 3rd Consecutive Week
    2025-04-03 20:17:55
    European Stocks Fall Sharply on Trump’s New Tariffs
    2025-04-03 20:17:55
    Mexican Peso Strengthens Amid Tariff Exemption
    2025-04-03 20:17:55
    Slight Dip in 8-Week Bill Auction Yield in the United States
    2025-04-03 20:17:55
    Steady Climb: US 4-Week Bill Auction Sees Marginal Increase in Yield to 4.240%
    2025-04-03 20:17:55
    Irish Exchequer Returns Surge in March, Hitting €4.1 Billion
এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.