Technical Analysis

Note: This section contains information in English only.
Thu, 11 Feb 2021 11:22:40 GMT

GBP/USD consolidates in 1.3850 area

Since yesterday, the GBP/USD exchange rate has been trading sideways in the 1.3850 area.

Thu, 11 Feb 2021 11:16:28 GMT

EUR/USD tests weekly R1

Since Wednesday, the EUR/USD currency pair has been testing the resistance level—the weekly R1 at 1.2140.

Thu, 11 Feb 2021 09:46:17 GMT

NZD/USD bounces off support

The New Zealand Dollar declined by 38 pips or 0.52% against the US Dollar on Wednesday. The currency pair tested the lower line of an ascending channel pattern during yesterday's trading session.

Thu, 11 Feb 2021 08:57:00 GMT

USD/CAD sets for breakout

The 50– hour simple moving average pressured the US Dollar lower against the Canadian Dollar on Wednesday. The currency pair tested the lower line of a descending channel pattern at 1.2674 during yesterday's trading session.

Thu, 11 Feb 2021 08:26:01 GMT

AUD/USD remains below 0.7780

The Australian Dollar declined by 40 pips or 0.52% against the US Dollar on Wednesday. The decline was stopped by a support line at 0.7714 during yesterday's trading session.

Thu, 11 Feb 2021 07:46:58 GMT

EUR/JPY potential target at 126.40

The common European currency declined by 32 pips or 0.25% against the Japanese Yen on Wednesday. The weekly pivot point at 126.71 provided support for the currency exchange rate during yesterday's trading session.

Wed, 10 Feb 2021 10:49:11 GMT

XAU/USD consolidates in 1,840.00 area

Since Tuesday, the XAU/USD exchange rate has been trading sideways in the 1,840.00 area.

Wed, 10 Feb 2021 10:40:04 GMT

USD/JPY could go downwards

On Tuesday, the USD/JPY currency pair declined below the 104.80 level.

Wed, 10 Feb 2021 10:31:34 GMT

GBP/USD trades at 1.3850

Yesterday, the GBP/USD exchange rate exceeded the weekly R1 located at 1.3809.

Wed, 10 Feb 2021 10:24:34 GMT

EUR/USD tests weekly R1

During Wednesday morning hours, the EUR/USD currency pair raised to the resistance level—the weekly R1 at 1.2140.

Wed, 10 Feb 2021 09:20:20 GMT

NZD/USD breakout could occur

The New Zealand Dollar declined by 30 pips or 0.42% against the US Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.

Wed, 10 Feb 2021 08:19:48 GMT

USD/CAD two scenarios likely

The US Dollar declined by 70 pips or 0.55% against the Canadian Dollar on Tuesday. The currency pair breached the weekly support level at 1.2713 during Tuesday's trading session.

Wed, 10 Feb 2021 07:50:05 GMT

AUD/USD bullish trend could continue

The Australian Dollar jumped by 37 pips or 0.48% against the US Dollar on Tuesday. The currency pair breached the weekly resistance level at 0.7714 during yesterday's trading session.

Wed, 10 Feb 2021 07:29:14 GMT

EUR/JPY could edge lower

The Eurozone single currency declined by 34 pips or 0.27% against the Japanese Yen on Tuesday. The decline was stopped by a support line at 126.45 during yesterday's trading session.

Tue, 09 Feb 2021 10:42:35 GMT

XAU/USD to test Fibo 23.60%

The XAU/USD exchange rate has increased to the 1,845.00 mark.

Tue, 09 Feb 2021 10:29:36 GMT

USD/JPY could go downwards

The USD/JPY currency pair has tumbled to the psychological level at 104.60.

Tue, 09 Feb 2021 10:20:05 GMT

GBP/USD consolidates at 1.3780

During today's morning hours, the GBP/USD exchange rate was consolidating at the 1.3780 mark.

Tue, 09 Feb 2021 10:09:04 GMT

EUR/USD trades at 1.2100

During Tuesday morning hours, the EUR/USD currency pair jumped to 1.2100.

Tue, 09 Feb 2021 09:27:09 GMT

NZD/USD could continue to trend higher

The New Zealand Dollar surged by 54 pips or 0.75% against the US Dollar on Monday. The NZD/USD currency pair breached the weekly R1 at 0.7237 during the Asian session on Tuesday.

Tue, 09 Feb 2021 08:48:22 GMT

USD/CAD bears could prevail

The US Dollar fell by 48 pips or 0.37% against the Canadian Dollar on Monday. The USD/CAD currency pair dropped below a one-week low during the Asian session on Tuesday.

Tue, 09 Feb 2021 08:09:04 GMT

AUD/USD breakout could occur

The Australian Dollar surged by 60 pips or 0.79% against the US Dollar on Monday. The currency pair breached the weekly resistance level at 0.7714 during the Asian session on Tuesday.

Tue, 09 Feb 2021 07:33:26 GMT

EUR/JPY decline likely to continue

The common European currency declined by 42 pips or 0.33% against the Japanese Yen on Monday. The currency pair tested a support cluster at 127.79 during yesterday's trading session.

Mon, 08 Feb 2021 10:30:32 GMT

XAU/USD tests 1,820.00 mark

During Monday morning hours, the XAU/USD exchange rate was testing the psychological level at 1,820.00.

Mon, 08 Feb 2021 10:23:22 GMT

USD/JPY remains below 105.80

The USD/JPY currency pair remains below the psychological level at 105.80.

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