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Forex and CFD Market Update Using Price and Technical Analysis 23 Sep 2021

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Video with Analysis on EUR/USD, BTC & 7 Instruments

  • The EUR/USD needs to respect the inverted head and shoulders support zone at 1.17 to confirm a bullish reversal.
  • The GBP/USD is showing strong bullish price action but must close near the candle high on 4h and daily charts.
  • Substantial retracements occurred on crypto and equity charts but it was followed by a strong bullish rally.
  • The bullish run is facing strong resistance and a pullback is expected.

What to Expect from Price Charts

There is a full review of technical analysis on Forex charts such as GBP/USD, EUR/USD, USD/JPY, and EUR/AUD but also instruments like DAX, DJI, Gold, Silver, Bitcoin, and Ethereum price charts. See the video above from our technical analyst Chris Svorcik for all of the details.