Technical Analysis

Note: This section contains information in English only.
Mon, 25 May 2020 07:16:29 GMT

EUR/JPY moving towards 116.50

The common European currency declined by 85 pips or 0.72% against the Japanese Yen on Friday. The currency pair breached the weekly and the monthly PPs at 117.25 during Friday's trading session.

Fri, 22 May 2020 09:37:05 GMT

XAU/USD tests resistance

Yesterday, the XAU/USD exchange rate reversed north from the lower boundary of the rising wedge pattern. During Friday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,740.00.

Fri, 22 May 2020 09:29:49 GMT

USD/JPY breach rising wedge pattern

On Thursday, the USD/JPY currency pair tested the lower line of the falling wedge pattern. During today's morning, the pair breached the given pattern south.

Fri, 22 May 2020 09:22:12 GMT

GBP/USD pressured by moving averages

Yesterday, the GBP/USD exchange rate tested the resistance formed by the 55– and 200-hour SMAs near 1.2240. During Friday morning, the rate declined to the 1.2180.

Fri, 22 May 2020 09:11:47 GMT

EUR/USD declined below 1.0920

On Thursday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R3 at 1.1008. During today's morning, the pair declined below 1.0920.

Fri, 22 May 2020 09:03:48 GMT

NZD/USD could edge lower

The New Zealand Dollar has declined by 50 basis points or 0.82% against the US Dollar on since Thursday's trading session. The 50– hour SMA pressured the currency pair lower.

Fri, 22 May 2020 08:45:12 GMT

USD/CAD bullish run likely to continue

The US Dollar has surged by 135 basis points or 0.97% against the Canadian Dollar since yesterday's trading session. The currency pair tested the upper boundary of a descending channel pattern at 1.4020 on Friday morning.

Fri, 22 May 2020 08:32:07 GMT

AUD/USD breakout occurs

The Australian Dollar has declined by 80 basis points or 1.22% against the US Dollar since Thursday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Thursday.

Fri, 22 May 2020 07:30:27 GMT

EUR/JPY decline to continue

The common European currency has declined by 116 pips or 0.98% against the Japanese Yen since yesterday's trading session. The currency pair reversed from the upper boundary of an ascending channel pattern at 118.50 on Thursday.

Thu, 21 May 2020 09:38:52 GMT

XAU/USD could re-test rising wedge pattern

On Wednesday, the XAU/USD exchange rate consolidated at 1,750.00. During today's morning, the rate declined below 1,740.00.

Thu, 21 May 2020 09:25:35 GMT

USD/JPY could trade upwards

Yesterday, the USD/JPY currency pair re-tested the lower boundary of the rising wedge pattern. During Thursday morning, the pair was trading at 107.80.

Thu, 21 May 2020 09:18:43 GMT

GBP/USD pressured by 55– and 200-hour SMAs

Yesterday, the GBP/USD exchange rate consolidated in the 1.2250 area. During Thursday morning, the rate re-tested the support level—the Fibo 38.20% at 1.2190.

Thu, 21 May 2020 09:10:34 GMT

EUR/USD reached 1.0980

On Wednesday, the EUR/USD currency pair broke the falling wedge pattern north. During today's morning, the pair was trading near 1.0980.

Thu, 21 May 2020 08:34:04 GMT

NZD/USD breakout occurrs

The New Zealand Dollar surged by 69 pips or 1.13% against the US Dollar on Wednesday. The currency pair bounced off the weekly R1 at 0.6082 during Wednesday's trading session.

Thu, 21 May 2020 08:09:05 GMT

USD/CAD targets at 1.4008

The US Dollar declined by 68 pips or 0.49% against the Canadian Dollar on Wednesday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.

Thu, 21 May 2020 07:47:01 GMT

AUD/USD two scenarios likely

The Australian Dollar has surged by 74 pips or 1.13% against the US Dollar on Wednesday. The currency pair tested the weekly R2 at 0.6617 during Wednesday's trading session.

Thu, 21 May 2020 07:33:52 GMT

EUR/JPY breached weekly R3

The Eurozone single currency traded sideways against the Japanese Yen on Wednesday. The currency pair traded below the weekly R3 at 118.24 during yesterday's trading session.

Wed, 20 May 2020 10:03:29 GMT

XAU/USD is above 1,740.00

On Tuesday, the XAU/USD exchange rate reversed north from the 100-hour SMA. During today's morning, the rate was trading at the 1,750.00 mark.

Wed, 20 May 2020 09:53:55 GMT

USD/JPY could trade upwards

Yesterday, the USD/JPY currency pair re-tested the upper line of the rising wedge pattern at 108.00. During Wednesday morning, the pair reversed south.

Wed, 20 May 2020 09:41:12 GMT

GBP/USD could consolidate

Yesterday, the GBP/USD exchange rate tried to surpass the resistance formed by the 200-hour SMA and the monthly S1 in the 1.2280 area. During Wednesday morning, the rate was trading at 1.2240.

Wed, 20 May 2020 09:32:00 GMT

EUR/USD tests weekly R2

On Tuesday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R1 at 1.0952. During today's morning, the pair continued to test the given resistance.

Wed, 20 May 2020 09:18:26 GMT

NZD/USD breakout could occur

The New Zealand Dollar surged by 61 basis points or 1.01% against the US Dollar on Tuesday. The currency pair breached the weekly R1 at 0.6082 during yesterday's trading session.

Wed, 20 May 2020 08:36:01 GMT

USD/CAD tests 50– hour SMA

During the first half of yesterday's trading session. The US Dollar declined by 76 basis points or 0.55% against the Canadian Dollar. However, the currency pair regained its lost points at the end of Tuesday's session.

Wed, 20 May 2020 08:01:35 GMT

AUD/USD buy signals

During the first half of Tuesday's trading session, the Australian Dollar surged by 52 basis points or 0.79% against the US Dollar. However, the currency pair surrender the earlier gains at the end of the trading day.

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