- Tue, 13 Oct 2020 09:33:04 GMT
GBP/USD tests upper channel line
PositionsTodayYesterdayChange Longs53%51%3.5% Shorts47%49%-3.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇒ [ANNOUNCE] Since Monday, the GBP/USD exchange rate has been testing the upper boundary of the short-term ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that a reversal south could occur, and the currency pair could target the lower channel line located circa 1.2940. However, note that the
- Tue, 13 Oct 2020 09:21:21 GMT
EUR/USD could go upwards
PositionsTodayYesterdayChange Longs42%42%1.4% Shorts58%58%-1.1% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇗⇒ [ANNOUNCE] On Monday, the EUR/USD currency pair tested the weekly PP at 1.1790. Yesterday, the pair tested the monthly PP at 1.1782. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 100-hour SMA near 1.1785 and trade upwards within the short-term ascending channel. In this case the rate could
- Tue, 13 Oct 2020 08:55:18 GMT
NZD/USD bounces off support
PositionsTodayYesterdayChange Longs54%57%-4.1% Shorts46%43%4.9% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The New Zealand Dollar declined by 28 pips or 0.42% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average on Tuesday morning.[/ANNOUNCE]The exchange rate bounced off a support cluster formed by the weekly pivot point and the 200– hour SMA at 0.6627 during
- Tue, 13 Oct 2020 08:27:30 GMT
USD/CAD tests 50– hour SMA
PositionsTodayYesterdayChange Longs75%72%3.0% Shorts25%28%-8.9% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇒⇘⇒ [ANNOUNCE]The US Dollar traded sideways against the Canadian Dollar on Monday. The 50– hour simple moving average provided resistance for the exchange rate during yesterday's trading session.[/ANNOUNCE]If the USD/CAD currency pair breaks a resistance level formed by the 50– hour SMA at 1.3133, a surge towards the 1.3200 area could
- Tue, 13 Oct 2020 07:57:55 GMT
AUD/USD remains near 100– and 200– hour SMAs
PositionsTodayYesterdayChange Longs45%47%-3.7% Shorts55%53%3.1% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The Australian Dollar has declined by 68 pips or 0.94% against the US Dollar since Monday's trading session. The currency pair breached the 50-, 100– and 200– hour SMAs during the Asian session on Tuesday.[/ANNOUNCE]As for the near future, the exchange rate might continue to edge lower during the following
- Tue, 13 Oct 2020 07:25:01 GMT
EUR/JPY breakout could occur
PositionsTodayYesterdayChange Longs44%45%-2.8% Shorts56%55%2.2% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]The common European currency declined by 51 pips or 0.41% against the Japanese Yen on Monday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.[/ANNOUNCE]The currency pair breached the 200– hour SMA on Tuesday morning. Most likely, bearish traders could pressure the exchange
- Mon, 12 Oct 2020 10:05:21 GMT
XAU/USD trades below 1,930.00
PositionsTodayYesterdayChange Longs55%54%1.8% Shorts45%46%-2.2% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] Since Friday, the XAU/USD exchange rate has been testing the 1,930.00 level. [/ANNOUNCE] If the given level holds, it is likely that some downside potential could prevail in the market. In this case the price for gold could decline to the support area formed by the 55-, 100– and 200-hour SMAs,
- Mon, 12 Oct 2020 09:50:41 GMT
USD/JPY likely to go downwards
PositionsTodayYesterdayChange Longs34%37%-9.2% Shorts66%63%4.7% Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralNeutral Alligator(13;8;5)SellBuySell SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇘ [ANNOUNCE] The USD/JPY currency pair has tumbled to the 105.45 level. [/ANNOUNCE] Given that the exchange rate is pressured by the 200-hour SMA and the weekly PP near 105.96, it is likely that some downside potential could prevail in the market. In this case the rate could target the support formed by
- Mon, 12 Oct 2020 09:44:14 GMT
GBP/USD follows ascending trend
PositionsTodayYesterdayChange Longs51%42%17.5% Shorts49%58%-18.1% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇒ [ANNOUNCE] At the end of last week, the GBP/USD exchange rate re-tested the upper boundary of the short-term ascending channel. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could prevail in the market, and the currency pair could re-test the lower channel line located circa 1.2940. In the
- Mon, 12 Oct 2020 09:36:23 GMT
EUR/USD trades within ascending channel
PositionsTodayYesterdayChange Longs42%42%-1.1% Shorts58%58%0.8% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇒ [ANNOUNCE] On Friday, the EUR/USD currency pair reversed south from the upper line of the short-term ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could re-test the lower channel line located circa 1.1770. It is unlikely that a breakout south could occur, as the
- Mon, 12 Oct 2020 08:03:44 GMT
NZD/USD two scenarios likely
PositionsTodayYesterdayChange Longs57%54%5.1% Shorts43%46%-6.6% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The New Zealand Dollar rose by 65 basis points or 0.99% against the US Dollar on Friday. The currency pair breached the upper boundary of an ascending channel pattern at 0.6667 during Friday's trading session.[/ANNOUNCE]Everything being equal, the NZD/USD exchange rate could continue to edge higher during the following trading
- Mon, 12 Oct 2020 07:36:50 GMT
USD/CAD decline could continue
PositionsTodayYesterdayChange Longs72%73%-1.1% Shorts28%27%2.7% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇒⇘⇒ [ANNOUNCE]The US Dollar declined by 70 basis points or 0.53% against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a descending channel pattern during Friday's trading session.[/ANNOUNCE]Technical indicators suggest selling signals on the 4-hour and daily time-frame charts. Therefore, bears could continue to pressure the
- Mon, 12 Oct 2020 07:14:33 GMT
AUD/USD likely to make pullback
PositionsTodayYesterdayChange Longs47%41%13.4% Shorts53%59%-11.9% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The Australian Dollar edged higher by 65 basis points or 0.90% against the US Dollar on Friday. The currency pair breached a resistance cluster at 0.7192 during Friday's trading session.[/ANNOUNCE]All things being equal, the AUD/USD pair will most likely continue to trend bullish during the following trading session. The potential
- Mon, 12 Oct 2020 06:55:46 GMT
EUR/JPY likely to edge higher
PositionsTodayYesterdayChange Longs45%42%6.5% Shorts55%58%-5.3% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]The common European currency surged by 46 basis points or 0.37% against the Japanese Yen on Friday. The 50– hour simple moving average provided support for the currency pair during Friday's trading session.[/ANNOUNCE]Technical indicators demonstrate buying signals on the 4-hour, daily and weekly time-frame charts. Most likely, the EUR/JPY
- Fri, 09 Oct 2020 09:07:43 GMT
XAU/USD trades at 1,915.00
PositionsTodayYesterdayChange Longs54%55%-1.2% Shorts46%45%1.4% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] The XAU/USD exchange rate has jumped to the 1,915.00 level. [/ANNOUNCE] From the one hand, it is likely that some upside potential could continue to prevail in the market. In this case the price for gold could target the psychological level at 1,930.00. From the other hand, it is likely that
- Fri, 09 Oct 2020 08:57:16 GMT
USD/JPY maintains its consolidation
PositionsTodayYesterdayChange Longs37%38%-3.4% Shorts63%62%2.0% Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)SellBuySell Aggregate⇒⇗⇘ [ANNOUNCE] The USD/JPY currency pair continues to trade sideways in the 106.00 area. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 100– and 200-hour moving averages in the 105.70 area. Thus, the rate could trade upwards in the short term. Note that the currency
- Fri, 09 Oct 2020 08:41:11 GMT
GBP/USD likely to extend gains
PositionsTodayYesterdayChange Longs42%42%0.6% Shorts58%58%-0.5% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] Since Thursday, the GBP/USD exchange rate has been testing the 1.2960 level. [/ANNOUNCE] It is likely that the currency pair could gain support from the 55-, 100– and 200-hour SMAs in the 1.2920 area, thus, some upside potential could prevail in the market. In this case the pair could target
- Fri, 09 Oct 2020 08:32:51 GMT
EUR/USD could trade upwards
PositionsTodayYesterdayChange Longs42%42%-0.1% Shorts58%58%0.1% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] Yesterday, the EUR/USD currency pair re-tested the lower line of the short-term ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could re-test the upper channel line located in the 1.1820/1.1840 area. If the
- Fri, 09 Oct 2020 08:18:18 GMT
NZD/USD testing resistance cluster
PositionsTodayYesterdayChange Longs54%49%9.7% Shorts46%51%-11.2% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE]The New Zealand Dollar has edged higher by 61 points or 0.93% against the US Dollar since October 8. The currency pair tested a resistance cluster formed by the 100– and 200– hour SMAs at 0.6611 on Friday morning.[/ANNOUNCE]If the resistance cluster, as mentioned above, holds, bearish traders could pressure
- Fri, 09 Oct 2020 07:43:59 GMT
USD/CAD breakout occurs
PositionsTodayYesterdayChange Longs73%74%-1.6% Shorts27%26%4.4% Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellNeutralSell SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇒ [ANNOUNCE]The US Dollar has risen by 98 points or 0.74% against the Canadian Dollar since Thursday's trading session. The currency pair breached the lower boundary of a descending channel pattern at 1.3177 on Friday morning.[/ANNOUNCE]Given that the exchange rate has breached the lower boundary of the channel pattern, bearish traders
- Fri, 09 Oct 2020 06:31:07 GMT
AUD/USD bulls could prevail
PositionsTodayYesterdayChange Longs41%44%-8.3% Shorts59%56%5.7% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The Australian Dollar has surged by 56 points or 0.78% against the US Dollar since Thursday's trading session. The currency pair breached the 0.7180 level on Friday morning.[/ANNOUNCE]Technical indicators flash buying signals on the 4-hour time-frame chart. Therefore, the AUD/USD exchange rate is likely to continue to trend bullish during
- Fri, 09 Oct 2020 06:18:35 GMT
EUR/JPY buying signals
PositionsTodayYesterdayChange Longs42%47%-13.1% Shorts58%53%9.4% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuySellBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyNeutralBuy Aggregate⇗⇒⇗ [ANNOUNCE]The 50– hour simple moving average guided the common European currency against the Japanese Yen on Thursday. The currency pair made about 50 points movement during yesterday's trading session.[/ANNOUNCE]If the 50– hour SMA support level holds, bullish traders are likely to pressure the exchange rate higher during the following
- Thu, 08 Oct 2020 10:54:05 GMT
XAU/USD pressured by moving averages
PositionsTodayYesterdayChange Longs55%54%0.3% Shorts45%46%-0.4% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇒ [ANNOUNCE] Yesterday, the XAU/USD exchange rate reversed north from the 1,875.00 level. [/ANNOUNCE] Given that yellow metal is pressured by the 55-, 100– and 200-hour moving averages in the 1,895.00 area. Thus, some downside potential could prevail in the market in the short term. In the meantime, it is unlikely that bulls
- Thu, 08 Oct 2020 10:45:09 GMT
USD/JPY consolidates at 106.00
PositionsTodayYesterdayChange Longs38%34%9.5% Shorts62%66%-5.8% Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE] Since Wednesday, the USD/JPY currency pair has been trading sideways in the 106.00 area. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 55-, 100– and 200-hour SMAs in the 105.60/105.80 area and trade upwards in the short run. In this case the rate would have to