Technical Analysis

Note: This section contains information in English only.
Tue, 03 Mar 2020 12:05:03 GMT

USD/JPY pressured by 55-hour SMA

On Monday, the USD/JPY currency pair tried to exceed the Fibo 38.20% at 108.44. During today's morning, the pair was trading in the 108.00 area.

Tue, 03 Mar 2020 12:02:41 GMT

GBP/USD remains above 1.2750

Yesterday, the GBP/USD exchange rate tried to decline below 1.2750. During Tuesday morning, the rate was testing the given level.

Tue, 03 Mar 2020 12:01:16 GMT

EUR/USD tested monthly R1

On Monday, the EUR/USD currency pair tested the resistance level—the monthly R1 at 1.1157. During today's morning, the pair was testing the weekly R1 at 1.1120.

Tue, 03 Mar 2020 09:45:52 GMT

NZD/USD tests 100– hour SMA

The New Zealand Dollar surged by 71 basis points or 1.14% in value against the US Dollar. The currency pair tested the 100– hour simple moving average during yesterday's trading session.

Tue, 03 Mar 2020 08:01:28 GMT

USD/CAD bears could prevail

The US Dollar depreciated by 94 basis points or 0.70% in value against the Canadian Dollar on Monday. The currency pair breached the weekly and the monthly PPs at the 1.3359 area during yesterday's trading session.

Tue, 03 Mar 2020 07:50:22 GMT

AUD/USD could edge up

On Monday, the Australian Dollar edged higher by 86 basis points or 1.33% in value against the US Dollar. The currency pair tested the 100– hour simple moving average during yesterday's trading session.

Tue, 03 Mar 2020 07:14:57 GMT

EUR/JPY tests monthly R1 at 120.91

During yesterday's trading session, the single European currency surged by 206 basis points or 1.73% in value against the Japanese Yen. The currency pair tested the monthly R1 at 120.91 on Monday.

Mon, 02 Mar 2020 12:50:05 GMT

XAU/USD tests monthly PP

During previous trading session, the XAU/USD exchange rate dropped to the 1,580.00 level. During Monday morning, the rate was testing the resistance formed by the monthly PP at 1,607.96.

Mon, 02 Mar 2020 12:48:32 GMT

USD/JPY surpassed 108.00

On Friday, the USD/JPY currency pair declined to the 108.00 level. During today's morning, the pair declined below the given level.

Mon, 02 Mar 2020 12:46:39 GMT

GBP/USD tests 1.2750

At the end of last week, the GBP/USD exchange rate broke the lower boundary of the medium-term descending channel. During Monday morning, the rate was testing the 1.2750 level.

Mon, 02 Mar 2020 12:44:43 GMT

EUR/USD surpassed 1.1050

On Friday, the EUR/USD currency pair tried to surpass the 1.1050 level. During today's morning, the pair raised to the 1.1100 level.

Mon, 02 Mar 2020 09:23:21 GMT

NZD/USD breaches weekly PP at 0.6265

Bearish momentum has continued to pressure the New Zealand Dollar lower against the US Dollar. The currency pair declined by 117 pips or 1.86% in value during Friday's trading session.

Mon, 02 Mar 2020 08:42:01 GMT

USD/CAD decline likely to continue

The US Dollar declined by 70 pips or 0.52% in value against the Canadian Dollar on Friday. The currency pair breached the 50– and 100– hour SMAs during the first part of Monday's trading session.

Mon, 02 Mar 2020 08:18:51 GMT

AUD/USD two scenarios likely

The Australian Dollar declined by 151 pips or 2.30% in value against the US Dollar on Friday. However, the currency pair regained some of it lost points at the end of Friday's trading session.

Mon, 02 Mar 2020 07:43:48 GMT

EUR/JPY could edge higher

Downside risks have continued to pressure the common European currency lower against the Japanese Yen. The currency pair declined by 185 pips or 1.54% in value during Friday's trading session.

Fri, 28 Feb 2020 11:47:05 GMT

XAU/USD trades below 1,650.00

Yesterday, the XAU/USD exchange rate failed to surpass the 1,655.00 level. During Friday morning, the rate was testing the support formed by the monthly R1 and the 200-hour SMA at 1,628.78.

Fri, 28 Feb 2020 11:45:45 GMT

USD/JPY dropped below 109.90

On Thursday, the USD/JPY currency pair dropped to the 109.00 level. During today's morning, the pair was testing the support formed by the weekly S2 at 108.58.

Fri, 28 Feb 2020 11:44:12 GMT

GBP/USD declined to weekly S1

Yesterday, the GBP/USD exchange rate tried to surpass the weekly S1 at 1.2858. During Friday morning, the rate tested the Fibo 38.20% at 1.2918.

Fri, 28 Feb 2020 11:42:40 GMT

EUR/USD touched 1.1050

On Thursday, the EUR/USD currency pair skyrocketed to the 1.1000 level. During today's morning, the pair jumped to the 1.1050 mark.

Fri, 28 Feb 2020 10:29:23 GMT

NZD/USD sell signals

Downside risks have pressured the New Zealand Dollar lower against the US Dollar since yesterday's trading session. A breakout occurred through the lower boundary of a descending channel pattern on Friday morning.

Fri, 28 Feb 2020 10:19:36 GMT

USD/CAD bullish sentiment

Bullish momentum has pressured the US Dollar higher against the Canadian Dollar since Thursday's trading session. The currency pair has surged by 139 basis points or 1.04% in value during this period.

Fri, 28 Feb 2020 10:00:28 GMT

AUD/USD bearish momentum to continue

Downside risks have been dominating the Australian Dollar against the US Dollar since yesterday's trading session. The currency pair has declined by 75 pips or 1.14% in value during this period.

Fri, 28 Feb 2020 07:35:48 GMT

EUR/JPY breakout occurs

The common European currency appreciated by 101 basis points or 0.84% in value against the Japanese Yen on Thursday. The currency pair tested the monthly pivot point at 120.93 during yesterday's trading session.

Thu, 27 Feb 2020 12:08:42 GMT

Gold could soon surge

After touching the 1,625.00 level for a second time on Wednesday, on Thursday, the commodity returned to trade near the 1,650.00 mark.  

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