Technical Analysis

Note: This section contains information in English only.
Mon, 11 May 2020 09:09:37 GMT

EUR/USD pressured by moving averages

On Friday, the EUR/USD currency pair consolidated in the 1.0840 area. During today's morning, the pair was trading at 1.0820.

Mon, 11 May 2020 08:51:05 GMT

NZD/USD tests 50– hour SMA

The New Zealand Dollar surged by 34 pips or 0.55% against the US Dollar on Friday. However, Monday's trading session started with bearish momentum, and by the middle of the day, the currency pair has declined by 0.85%.

Mon, 11 May 2020 08:32:15 GMT

USD/CAD two scenarios likely

The US Dollar declined by 66 pips or 0.47% against the Canadian Dollar on Friday. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during Friday's trading session.

Mon, 11 May 2020 07:47:40 GMT

AUD/USD could target 50– hour SMA

The Australian Dollar has surged by 57 pips or 0.88% against the US Dollar since Friday's trading session. The currency pair tested April 30 swing high at 0.6560 during the Asian session on Monday.

Mon, 11 May 2020 07:21:12 GMT

EUR/JPY breached junior channel

The Eurozone single currency has surged by 109 pips or 0.94% against the Japanese Yen since Friday's trading session.

Fri, 08 May 2020 10:34:09 GMT

XAU/USD jumped to 1,720.00

On Thursday, the XAU/USD exchange rate skyrocketed to the 1,720.00 level. During today's morning, the rate was trading near the given mark.

Fri, 08 May 2020 10:26:45 GMT

USD/JPY pressured by 100– and 200-hour SMAs

Yesterday, the USD/JPY currency pair failed to surpass the 100-hour SMA near 106.50. During today's morning, the pair was trading at 106.40.

Fri, 08 May 2020 10:11:20 GMT

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

Yesterday, the GBP/USD exchange rate tested the support level formed by the monthly S1 at 1.2292. During Friday morning, the rate was testing the 100-hour SMA near 1.2400.

Fri, 08 May 2020 10:03:30 GMT

EUR/USD remains above 1.0750

On Thursday, the EUR/USD currency pair raised to the resistance level formed by the 100-hour SMA and the weekly S1 at 1.0856. During today's morning, the pair was testing the given resistance.

Fri, 08 May 2020 09:00:43 GMT

NZD/USD awaits data release

Dollar on Thursday. A breakout occurred through the upper boundary of a descending channel pattern.

Fri, 08 May 2020 08:35:31 GMT

USD/CAD awaits NFP

The US Dollar declined by 213 basis points or 1.50% against the Canadian Dollar on Thursday. The currency pair breached the 50-, 100– and 200– period SMAs during yesterday's trading session.

Fri, 08 May 2020 08:18:40 GMT

AUD/USD likely to make brief pullback

The Australian Dollar surged by 120 basis points or 1.85% against the US Dollar on Thursday. The currency pair breached the 200– hour simple moving average during yesterday's trading session.

Fri, 08 May 2020 07:41:24 GMT

EUR/JPY could edge up

The common European currency has surged by 77 basis points or 0.67% against the Japanese Yen on since Thursday's trading session. The currency pair breached the 50– hour simple moving average on Thursday.

Thu, 07 May 2020 10:45:24 GMT

XAU/USD tests resistance

Yesterday, the XAU/USD exchange rate declined to the 1,685.00 level. During Thursday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,697.00.

Thu, 07 May 2020 10:37:18 GMT

USD/JPY trades below 106.80

On Wednesday, the USD/JPY currency pair broke the lower boundary of the falling wedge pattern. During today's morning, the pair resumed to trade within the given pattern.

Thu, 07 May 2020 10:26:38 GMT

GBP/USD pressured by moving averages

Yesterday, the GBP/USD exchange rate broke the lower boundary of the descending triangle pattern in the 1.2350 area. During Thursday morning, the rate was testing the 55-hour SMA near 1.2400.

Thu, 07 May 2020 10:19:03 GMT

EUR/USD tests monthly S1

On Wednesday, the EUR/USD currency pair declined to the monthly S1 at 1.0776. During today's morning, the pair was testing the given support.

Thu, 07 May 2020 08:57:51 GMT

NZD/USD buy signals

The New Zealand Dollar declined by 74 pips or 1.22% against the US Dollar on Wednesday. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during Wednesday's trading session.

Thu, 07 May 2020 08:24:43 GMT

USD/CAD testing support cluster

The USD/CAD exchange rate bounced off support cluster at 1.4030 during Wednesday's trading session. As a result, the Greenback surged by 148 pips or 1.06% against the Lonnie on Wednesday.

Thu, 07 May 2020 07:56:03 GMT

AUD/USD tests 200– hour SMA

The Australian Dollar declined by 72 pips or 1.11% against the US Dollar on Wednesday. The currency pair was pressured south by the 100– hour simple moving average during yesterday's trading session.

Thu, 07 May 2020 07:04:41 GMT

EUR/JPY decline could continue

The Eurozone single currency declined by 91 pips or 0.79% against the Japanese Yen on Wednesday. The currency pair tested the weekly S2 at 114.54 during yesterday's trading session.

Wed, 06 May 2020 10:00:08 GMT

XAU/USD squeezed by moving averages

On Tuesday, the XAU/USD exchange rate tried to surpass the 200-hour SMA near 1,707.00. During today's morning, the rate was trading in the 1,705.00 area.

Wed, 06 May 2020 09:51:02 GMT

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

Yesterday, the USD/JPY currency pair declined to the weekly S1 at 106.32. During Wednesday morning, the pair was testing the given level.

Wed, 06 May 2020 09:42:27 GMT

GBP/USD tests weekly S1

Yesterday, the GBP/USD exchange rate consolidated in the 1.2450 area. During Wednesday morning, the rate dropped to the weekly S1 at 1.2360.

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