- Fri, 30 Apr 2021 07:08:32 GMT
AUD/USD decline to continue
PositionsTodayYesterdayChange Longs50%51%-0.4% Shorts50%49%0.4% 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]The Australian Dollar declined by 55 pips or 0.72% against the US Dollar on Thursday. The decline was stopped by the 200– hour simple moving average during Thursday's trading session.[/ANNOUNCE]The exchange rate could continue to edge lower during the following trading session. A breakout through the lower boundary of an
- Fri, 30 Apr 2021 06:41:28 GMT
EUR/JPY could maintain channel
PositionsTodayYesterdayChange Longs28%29%-4.3% Shorts72%71%1.7% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellSell Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE]The EUR/JPY exchange rate maintained the narrow ascending channel pattern during yesterday's trading session. The currency pair made about 35 pips or 028% move during Thursday's trading session.[/ANNOUNCE]Currently, the exchange rate is trading near the lower boundary of the narrow ascending channel and could be set for a breakout.If
- Fri, 30 Apr 2021 05:57:08 GMT
XAU/USD breaks pattern
PositionsTodayYesterdayChange Longs61%61%1.2% Shorts39%39%-1.9% Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇓ [ANNOUNCE]On Thursday, the XAU/USD exchange rate plunged by 312 pips or 1.74%. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session.[/ANNOUNCE]Given that a breakout has occurred, the commodity is likely to continue to edge lower during the following trading session. The possible target
- Fri, 30 Apr 2021 05:39:57 GMT
USD/JPY tests 55– hour SMA
PositionsTodayYesterdayChange Longs38%38%-0.3% Shorts62%62%0.2% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE]The US Dollar edged higher by 72 pips or 0.66% against the Japanese Yen on Thursday. The currency pair tested the 109.21 area during yesterday's trading session.[/ANNOUNCE]The exchange rate reversed from the resistance level at 109.21 during the Asian session on Friday. Most likely, bearish traders could pressure the USD/JPY
- Fri, 30 Apr 2021 05:30:08 GMT
GBP/USD trades sideways
PositionsTodayYesterdayChange Longs38%39%-2.2% Shorts62%61%1.4% 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]The British Pound traded sideways against the US Dollar on Thursday. The GBP/USD currency pair made about 35 pips or 0.25% move during Thursday's trading session.[/ANNOUNCE]The exchange rate could continue to trade sideways through the following trading session. A bounce from a support level formed by the 55– hour simple
- Fri, 30 Apr 2021 04:10:25 GMT
EUR/USD respects channel pattern
PositionsTodayYesterdayChange Longs38%38%0.7% Shorts62%62%-0.4% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellNeutral Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇗ [ANNOUNCE]On Thursday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair reversed from the resistance level at 1.2152 during yesterday's trading session.[/ANNOUNCE]Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, buyers could pressure the EUR/USD
- Thu, 29 Apr 2021 07:19:50 GMT
USD/CAD two scenarios likely
PositionsTodayYesterdayChange Longs71%73%-2.8% Shorts29%27%6.9% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyBuy Stochastic(5;3;3)BuyBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇒⇒ [ANNOUNCE]The US Dollar edged lower by 113 pips or 0.91% against the Canadian Dollar on Wednesday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.[/ANNOUNCE]Everything being equal, the exchange rate could continue to trend bearish during the following trading session. Bearish traders might target
- Thu, 29 Apr 2021 06:46:16 GMT
GBP/JPY bullish run to continue
PositionsTodayYesterdayChange Longs28%25%9.2% Shorts72%75%-3.6% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇒ [ANNOUNCE]The British Pound edged higher by 51 pips or 0.34% against the Japanese Yen on Wednesday. The currency pair breached the weekly R1 at 151.41 during Wednesday's trading session.[/ANNOUNCE]All things being equal, the exchange rate is likely to continue the bullish run during the following trading session. The possible target
- Thu, 29 Apr 2021 06:19:17 GMT
AUD/USD buyers likely to prevail
PositionsTodayYesterdayChange Longs51%55%-8.0% Shorts49%45%8.2% 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]The Australian Dollar climbed by 76 pips or 0.98% against the US Dollar on Wednesday. The surge was stopped by the weekly resistance level at 0.7814 during the Asian session on Thursday.[/ANNOUNCE]If the AUD/USD currency exchange rate breaks the weekly R1 at 0.7814, bullish traders are likely to target the
- Thu, 29 Apr 2021 05:57:21 GMT
EUR/JPY trades above 50– hour SMA
PositionsTodayYesterdayChange Longs29%29%2.3% Shorts71%71%-0.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellSell Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE]The common European currency edged higher by 39 pips or 0.30% against the Japanese Yen on Wednesday. The currency pair breached the weekly R2 at 131.72 during Wednesday's trading session.[/ANNOUNCE]Given that the exchange rate is currently trading above the 50– and 200– hour SMAs, bullish traders are likely to
- Thu, 29 Apr 2021 05:33:25 GMT
XAU/USD breaks resistance level
PositionsTodayYesterdayChange Longs61%60%1.6% Shorts39%40%-2.5% Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇓ [ANNOUNCE]The XAU/USD exchange rate bounced off the lower boundary of an ascending channel pattern at 1765.3 on Wednesday. As a result, the commodity surged by 175 pips or 0.99% during Wednesday's trading session.[/ANNOUNCE]The exchange rate could continue to edge higher during the following trading session. Buyers are likely to target
- Thu, 29 Apr 2021 05:30:08 GMT
USD/JPY decline likely to continue
PositionsTodayYesterdayChange Longs38%38%-0.2% Shorts62%62%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)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE]Downside risks pressured the US Dollar against the Japanese Yen on Wednesday. The currency pair dropped by 60 pips or 0.55% during yesterday's trading session.[/ANNOUNCE]The USD/JPY exchange rate could continue to trend lower during the following trading session. The possible target for bearish traders will be near the 107.80 level.However,
- Thu, 29 Apr 2021 04:47:55 GMT
GBP/USD could pullback
PositionsTodayYesterdayChange Longs39%39%-0.3% Shorts61%61%0.2% 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]Upside risks dominated the British Pound against the US Dollar on Wednesday. The GBP/USD currency pair surged by 88 pips or 0.64% during Wednesday's trading session.[/ANNOUNCE]The exchange rate is likely to continue to trend bullish during the following trading session. The potential target for buyers will be near the 1.4020
- Thu, 29 Apr 2021 04:04:44 GMT
EUR/USD bulls likely to prevail
PositionsTodayYesterdayChange Longs38%39%-4.0% Shorts62%61%2.4% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellNeutral Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇗ [ANNOUNCE]On April 28, the Eurozone single currency surged by 77 pips or 0.64% against the US Dollar. The currency pair breached the resistance level at 1.2113 during Wednesday's trading session.[/ANNOUNCE]The exchange rate is likely to continue to edge higher during the following trading session. The possible target for bullish
- Wed, 28 Apr 2021 08:04:05 GMT
USD/CAD awaits FOMC Statement
PositionsTodayYesterdayChange Longs73%70%3.8% Shorts27%30%-10.1% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE]The USD/CAD currency pair continued to trade sideways during yesterday's trading session. The US Dollar traded near the 1.2385 level against the Canadian Dollar on Tuesday.[/ANNOUNCE]The exchange rate is likely to continue to consolidate above the support level at 1.2385 within the following trading hours, as investors and traders await
- Wed, 28 Apr 2021 07:18:24 GMT
GBP/JPY bounces off support
PositionsTodayYesterdayChange Longs25%29%-15.8% Shorts75%71%5.4% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralSell Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇒ [ANNOUNCE]Upside risk pressured the British Pound against the Japanese Yen on Tuesday. The currency pair bounced off a support cluster at the 150.23 area during yesterday's trading session.[/ANNOUNCE]Given that the exchange rate is currently trading above the 50- and 200- hour SMAs, bullish traders could drive the GBP/JPY pair towards
- Wed, 28 Apr 2021 07:03:50 GMT
AUD/USD likely to break channel
PositionsTodayYesterdayChange Longs55%53%3.3% Shorts45%47%-3.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇗⇗⇒ [ANNOUNCE]Australia's Dollar fell by 40 pips or 0.50% against the US Dollar on Tuesday. The currency pair tested the bottom border of an ascending channel pattern during the Asian session on Wednesday.[/ANNOUNCE]The AUD/USD exchange rate is likely to continue to edge lower during the following trading session. A breakout through
- Wed, 28 Apr 2021 06:44:10 GMT
EUR/JPY bullish trend likely to continue
PositionsTodayYesterdayChange Longs29%27%5.5% Shorts71%73%-2.2% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralSell Stochastic(5;3;3)SellSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇗⇒ [ANNOUNCE]Upside risks dominated the EUR/JPY currency pair on Tuesday. The common European currency edged higher by 86 pips or 0.66% against the Japanese Yen during Tuesday's trading session.[/ANNOUNCE]Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate is likely to continue
- Wed, 28 Apr 2021 06:09:50 GMT
XAU/USD two scenarios likely
PositionsTodayYesterdayChange Longs60%59%0.8% Shorts40%41%-1.2% Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuySell SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇓ [ANNOUNCE]On Tuesday, the precious metal gold declined by 95 pips or 0.54% against the US Dollar. The commodity breached the 55– and 200– hour SMAs during yesterday's trading session.[/ANNOUNCE]The exchange rate is currently trading near the lower line of a descending channel pattern and could be set for a breakout. If
- Wed, 28 Apr 2021 05:25:56 GMT
USD/JPY breakout likely to occur
PositionsTodayYesterdayChange Longs38%49%-27.9% Shorts62%51%17.3% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇒⇒⇒ [ANNOUNCE]During Tuesday's trading session, The US Dollar surged by 55 pips or 0.51% against the Japanese Yen. The currency pair breached the weekly R1 at 108.73 on Tuesday.[/ANNOUNCE]Currently, the exchange rate is trading near the upper line of an ascending channel pattern and could be set for a breakout.If the
- Wed, 28 Apr 2021 05:16:44 GMT
GBP/USD bulls likely to prevail
PositionsTodayYesterdayChange Longs39%39%0.2% Shorts61%61%-0.1% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇗⇒ [ANNOUNCE]On April 27, the Pound Sterling surged by 56 pips or 0.40% against the US Dollar. The currency pair tested the upper line of a descending channel pattern at 1.3920 during Tuesday's trading session.[/ANNOUNCE]As for the near future, the exchange rate could continue to edge higher. A breakout through the
- Wed, 28 Apr 2021 05:04:41 GMT
EUR/USD could edge higher
PositionsTodayYesterdayChange Longs39%39%-0.5% Shorts61%61%0.3% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇒ [ANNOUNCE]On April 27, the Eurozone single currency surged by 37 pips or 0.30% against the US Dollar. The currency pair tested the 1.2093 level during Tuesday's trading session.[/ANNOUNCE]The EUR/USD exchange rate is likely to continue to edge higher during the following trading session. The potential target for bullish traders
- Tue, 27 Apr 2021 07:37:48 GMT
USD/CAD bears likely to prevail
PositionsTodayYesterdayChange Longs70%74%-5.3% Shorts30%26%12.5% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE]Downside risks dominated the USD/CAD currency pair during Monday's trading session. As a result, the US Dollar fell by 97 pips or 0.78% against the Canadian Dollar on Monday.[/ANNOUNCE]Everything being equal, the exchange rate is likely to continue to edge lower. Bearish traders could target the weekly support level at
- Tue, 27 Apr 2021 06:56:11 GMT
GBP/JPY could break channel
PositionsTodayYesterdayChange Longs29%29%2.1% Shorts71%71%-0.9% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE]The Pound Sterling surged by 78 pips or 0.52% against the Japanese Yen on Monday. The currency pair breached a resistance cluster at 150.23 during yesterday's trading session.[/ANNOUNCE]The exchange rate is currently trading near the upper line of a descending channel pattern at 150.34.If the channel pattern holds, bearish traders