Technical Analysis

Note: This section contains information in English only.
Fri, 15 Oct 2021 04:00:58 GMT

EUR/JPY likely to maintain channel

On Thursday, the common European currency surged by 72 pips or 0.55% against the Japanese Yen. The currency pair breached the 132.00 level during Thursday's trading session.

Thu, 14 Oct 2021 05:41:26 GMT

USD/CAD decline likely to continue

On Wednesday, the US Dollar declined by 46 pips or 0.37% against the Canadian Dollar. The 50– hour simple moving average pressured the currency pair lower during Wednesday's trading session.

Thu, 14 Oct 2021 04:54:56 GMT

GBP/JPY bulls could prevail

On Wednesday, the British Pound surged by 86 pips or 0.56% against the Japanese Yen. The currency pair breached the psychological resistance level at 155.00 during Wednesday's trading session.

Thu, 14 Oct 2021 04:30:42 GMT

AUD/USD remains below 0.7400

On Wednesday, the Australian Dollar rose by 62 pips or 0.85% against the US Dollar. The AUD/USD currency pair lingered below the 0.7400 level during Wednesday's trading session.

Thu, 14 Oct 2021 04:16:46 GMT

EUR/JPY breached 131.50 level

On Wednesday, the common European currency surged by 53 pips or 0.40% against the Japanese Yen. The currency pair breached the 131.50 area during Wednesday's trading session.

Wed, 13 Oct 2021 05:17:41 GMT

USD/CAD bears likely to prevail

The 50– hour simple moving average pressured the USD/CAD currency pair lower on Tuesday. As a result, the US Dollar declined by 55 pips or 0.44% against the Canadian Dollar.

Wed, 13 Oct 2021 04:57:51 GMT

GBP/JPY could edge higher

On Tuesday, the British Pound surged by 90 pips or 0.60% against the Japanese Yen. The currency pair tested the resistance level at 154.75 during yesterday's trading session.

Wed, 13 Oct 2021 04:33:42 GMT

AUD/USD likely to edge lower

On Tuesday, the Australian Dollar declined by 51 pips or 0.69% against the US Dollar. The currency pair breached a support level formed by the 50– hour simple moving average at 0.7347 during Tuesday's trading session.

Wed, 13 Oct 2021 04:10:57 GMT

EUR/JPY consolidated below 131.21

The common European currency consolidated below the 131.21 level against the Japanese Yen on Tuesday. The currency pair traded between the 130.50/131.21 area during Tuesday's trading session.

Tue, 12 Oct 2021 05:48:18 GMT

USD/CAD bounces off support

On Monday, the USD/CAD currency pair bounced off a support level at 1.2450. As a result, the US Dollar edged higher by 46 pips or 0.37% against the Canadian Dollar during Monday's trading session.

Tue, 12 Oct 2021 05:31:52 GMT

GBP/JPY breakout could occur

On Monday, the British Pound edged higher by 157 pips or 1.03% against the Japanese Yen. The currency pair tested the upper line of an ascending channel pattern at 154.45 during yesterday's trading session.

Tue, 12 Oct 2021 05:04:27 GMT

AUD/USD could continue to trend up

On Monday, the Australian Dollar edged higher by 73 pips or 1.00% against the US Dollar. The currency pair tested the upper boundary of an ascending channel pattern at 0.7366 during Monday's trading session.

Tue, 12 Oct 2021 04:40:19 GMT

EUR/JPY two scenarios likely

Upside risks dominated the EUR/JPY currency pair on Monday. As a result, the common European currency edged higher by 136 pips or 1.05% against the Japanese yen during Monday's trading session.

Mon, 11 Oct 2021 05:39:37 GMT

USD/CAD two scenarios likely

On Friday, the US Dollar edged lower by 94 pips or 0.75% against the Canadian Dollar. The currency pair breached the support level at 1.2550 during Friday's trading session.

Mon, 11 Oct 2021 05:04:42 GMT

GBP/JPY breached channel pattern

On Friday, the British Pound surged by 82 pips or 0.54% against the Japanese Yen. The currency pair was pressured higher by the 50– hour simple moving average during Friday's trading session.

Mon, 11 Oct 2021 04:50:59 GMT

AUD/USD could edge up

During the first half of Friday's trading session, the Australian Dollar surged by 0.51% against the US Dollar. However, the currency pair erased the earlier gains at the end of the day.

Mon, 11 Oct 2021 04:36:15 GMT

EUR/JPY bulls likely to prevail

On Friday, the common European currency edged higher by 83 pips or 0.64% against the Japanese Yen. The currency pair breached the resistance level at 129.50 during Friday's trading session.

Fri, 08 Oct 2021 07:47:26 GMT

Gold remains near previous level

The recovery of the yellow metal on Thursday stopped at the 1,765.00 level. Since the encounter of the resistance, the price has been trading sideways in the 1,750.00/1,765.00 zone. In the case of a decline, the bullion's price might look for support in the 200-hour simple moving average at 1,751.00, the 1,750.00 mark and the support zone of this week's

Fri, 08 Oct 2021 07:41:28 GMT

USD/JPY could reach 112.00

At midnight to Friday, the USD/JPY currency exchange rate passed the October 6 high level near 111.80. On Friday morning, the currency exchange rate had almost reached the 112.00 mark. Note that the zone above the 112.00 level at 112.05/112.10 might once again act as resistance, as it did on September 29 and 30. A move above the 112.05/112.10 level might

Fri, 08 Oct 2021 07:07:16 GMT

GBP/USD bounces off weekly high

On Thursday, the GBP/USD bounced off the week's high level zone at 1.3640/1.3650. On Friday morning, the rate was looking for support in the 55 and 100-hour simple moving averages at 1.3600. A passing of the support of the 55 and 100-hour SMAs and the 1.3600 level would most likely result in a decline to the weekly simple pivot point at

Fri, 08 Oct 2021 06:56:16 GMT

EUR/USD finds resistance in SMA

The recovery of the EUR/USD found resistance on Thursday in the 55-hour simple moving average. On Friday morning, the rate was being pushed down by the SMA into the support of the weekly S1 simple pivot point at 1.1532. If the EUR/USD passes the support of the weekly S1 simple pivot point, the rate might find support in the round

Fri, 08 Oct 2021 05:28:42 GMT

USD/CAD tests 1.2530 level

On Thursday, the US Dollar declined by 51 pips or 0.40% against the Canadian Dollar. The currency pair tested the support level at 1.2532 during Thursday's trading session.

Fri, 08 Oct 2021 05:00:46 GMT

GBP/JPY bulls could prevail

On Thursday, the British Pound edged higher by 97 pips or 0.64% against the Japanese Yen. The currency pair breached the 50– hour simple moving average during yesterday's trading session.

Fri, 08 Oct 2021 04:44:58 GMT

AUD/USD bounces off support

The AUD/USD currency pair bounced off a support level formed by the 50– hour simple moving average at 0.7271 on Thursday. As a result, the Australian Dollar surged by 50 pips or 0.69% against the US Dollar.

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