Technical Analysis

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Tue, 29 Jan 2019 09:59:27 GMT

AUD/USD reaches support cluster at 0.7152

The Australian Dollar depreciated about 63 base points against the US Dollar on Monday. The currency pair tested a support cluster formed by the combination of the weekly and the monthly pivot points at 0.7152 as predicted.

Tue, 29 Jan 2019 09:57:33 GMT

EUR/JPY surge insight

The common European currency has been trading in a junior ascending channel pattern against the Japanese Yen since January 24. The pair tested the upper boundary of the channel pattern at the end of last week trading session.

Mon, 28 Jan 2019 10:13:45 GMT

NZD/USD brief retracement expected

Upside sentiment dominated the New Zealand Dollar against the US Dollar on Friday. The exchange rate gained about 105 base points during Friday's trading session.

Mon, 28 Jan 2019 10:06:34 GMT

EUR/USD jumps to 1.1380 level

Mon, 28 Jan 2019 10:02:05 GMT

USD/CAD decline likely to continue

The US Dollar edged lower against the Canadian Dollar on Friday. The currency pair lost about 145 base points of its values during Friday's trading session. Meanwhile, the overall market sentiment remained bearish on Monday morning.

Mon, 28 Jan 2019 09:59:20 GMT

AUD/USD moving towards 0.7152

The Australian Dollar appreciated about 103 base points against the US Dollar on Friday. The currency pair tested the upper boundary of a junior ascending channel pattern at 0.7200 during the previous trading session.

Mon, 28 Jan 2019 09:56:39 GMT

EUR/JPY breaches junior ascending channel

The single European currency appreciated about 151 base points against the Japanese Yen on Friday. The currency pair tested a one-month high level of 125.30 during Friday's trading session.

Fri, 25 Jan 2019 10:29:40 GMT