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

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

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.