Technical Analysis

Note: This section contains information in English only.
Wed, 20 May 2020 07:27:01 GMT

EUR/JPY could still surge

The single European currency surged by 107 basis points or 0.91% against the Japanese Yen on Tuesday. The currency pair breached the upper boundary of a junior ascending channel pattern at 117.65 during Tuesday's trading session.

Tue, 19 May 2020 09:58:26 GMT

XAU/USD revealed rising wedge pattern

On Monday, the XAU/USD exchange rate revealed a rising wedge pattern, as it reversed south from the upper pattern line. During today's morning, the pair was testing the support formed by the 100-hour SMA near 1,730.00.

Tue, 19 May 2020 09:45:52 GMT

USD/JPY exceeded 107.40

Yesterday, the USD/JPY currency pair tried to surpass the 107.40 level. During Tuesday morning, the pair exceeded this level.

Tue, 19 May 2020 09:37:30 GMT

GBP/USD tests 200-hour SMA

Yesterday, the GBP/USD exchange rate raised to the weekly PP at 1.2218. During Tuesday morning, the rate was testing the 200-hour SMA near 1.2270.

Tue, 19 May 2020 09:25:55 GMT

EUR/USD skyrocketed to 1.0950

On Monday, the EUR/USD currency pair skyrocketed to the 1.0920 level. During today's morning, the pair pierced the upper line of the rising wedge pattern and faced the resistance level—the weekly R2 at 1.0952.

Mon, 18 May 2020 10:52:18 GMT

NZD/USD sell signals

The New Zealand Dollar declined by 86 pips or 1.42% against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.

Mon, 18 May 2020 09:59:09 GMT

USD/CAD could still edge higher

The US Dollar surged by 92 pips or 0.66% against the Canadian Dollar on Friday. The currency pair bounced off the lower boundary of an ascending channel pattern during Friday's trading session.

Mon, 18 May 2020 09:41:17 GMT

XAU/USD jumped to 1,765.00

On Friday, the XAU/USD exchange rate exceeded the 1,740.00 level. During today's morning, the rate was trading at 1,765.00.

Mon, 18 May 2020 09:33:17 GMT

USD/JPY supported by 55– and 100-hour SMAs

During previous trading session, the USD/JPY currency pair pierced the lower line of the rising wedge pattern. During Monday morning, the pair reversed north from the given line.

Mon, 18 May 2020 09:25:55 GMT

GBP/USD could go downwards

During the end of last week, the GBP/USD exchange rate broke the lower line of the falling wedge pattern. During Monday morning, the rate was trading at 1.2110.

Mon, 18 May 2020 09:19:17 GMT

AUD/USD decline likely to continue

The Australian Dollar declined by 64 pips or 1.00% against the US Dollar on Friday. The currency pair was pressured lower by the 100– and 200– hour SMAs during Friday's trading session.

Mon, 18 May 2020 09:17:12 GMT

EUR/USD pressured by moving averages

On Friday, the EUR/USD currency pair failed to exceed the 1.0840 level. During today's morning, the pair was trading in the 1.0810 area.

Mon, 18 May 2020 09:00:52 GMT

EUR/JPY two scenarios likely

The common European currency surged by 60 pips or 0.52% against the Japanese Yen on Friday. The currency pair bounced off the bottom border of an ascending channel pattern at 115.55 during Friday's trading session.

Fri, 15 May 2020 09:52:21 GMT

XAU/USD breached ascending triangle pattern

On Thursday, the XAU/USD exchange rate breached the ascending triangle pattern north. During today's morning, the rate was trading near the resistance level at 1,740.00.

Fri, 15 May 2020 09:38:37 GMT

USD/JPY revealed rising wedge pattern

Yesterday, the USD/JPY currency pair revealed a rising wedge pattern. During Friday morning, the pair was trading near the lower pattern line.

Fri, 15 May 2020 09:24:08 GMT

GBP/USD consolidated near 1.2200

Yesterday, the GBP/USD exchange rate consolidated near the support level—the Fibo 38.20% at 1.2190. During Friday morning, the rate maintained its consolidation.

Fri, 15 May 2020 09:13:40 GMT

EUR/USD breached short-term channel

On Thursday, the EUR/USD currency pair broke the lower boundary of the short-term ascending channel. During today's morning, the pair was testing the resistance formed by the 55-, 100– and 200-hour SMAs in the 1.0830 area.

Fri, 15 May 2020 08:28:01 GMT

NZD/USD targets at 0.6037

The New Zealand Dollar surged by 51 basis points or 0.85% against the US Dollar on Thursday. The currency pair breached the 50– hour simple moving average during Thursday's session.

Fri, 15 May 2020 08:04:55 GMT

USD/CAD breakout occurs

The US Dollar declined by 100 basis points or 0.71% against the Canadian Dollar on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session.

Fri, 15 May 2020 07:56:22 GMT

AUD/USD likely to maintain channel

The Australian Dollar surged by 63 basis points or 0.99% against the US Dollar on Thursday. The currency pair tested the 200– hour simple moving average at 0.6469 during Thursday's session.

Fri, 15 May 2020 07:49:25 GMT

EUR/JPY could still edge higher

The common European currency surged by 67 basis points or 0.58% against the Japanese Yen on Thursday. The surged was stopped by the 100– hour simple moving average during Thursday's trading session.

Thu, 14 May 2020 09:58:47 GMT

XAU/USD trades near upper pattern line

On Wednesday, the XAU/USD exchange rate reversed north from the lower boundary of the ascending triangle pattern. During today's morning, the rate was trading near the upper pattern line at 1,722.00.

Thu, 14 May 2020 09:47:14 GMT

USD/JPY tests support level

Yesterday, the USD/JPY currency pair tried to surpass the support level formed by the Fibo 38.20% and the 200-hour SMA near 106.80. During Thursday morning, the pair continued to test the given support.

Thu, 14 May 2020 09:40:32 GMT

GBP/USD revealed falling wedge pattern

The GBP/USD exchange rate has revealed a falling wedge pattern. During Thursday morning, the rate reversed north from the lower pattern line at 1.2190.

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