Technical Analysis

Fri, 26 Feb 2021 10:13:49 GMT

GBP/USD touched 1.3900

The GBP/USD exchange rate has declined to the 1.3900 level.

Fri, 26 Feb 2021 10:05:38 GMT

EUR/USD trades below 1.2180

Yesterday, the EUR/USD currency pair reversed south from the psychological level at 1.2240.

Fri, 26 Feb 2021 08:51:48 GMT

NZD/USD could bounce off support

The New Zealand Dollar has declined by 122 pips or 1.64% against the US Dollar since yesterday's trading session The currency pair tested the lower line of an ascending channel pattern at 0.7353 on Friday morning.

Fri, 26 Feb 2021 08:34:28 GMT

USD/CAD tests 200– hour SMA

The US Dollar has surged by 161 pips or 1.30% against the Canadian Dollar since Thursday's trading session. The currency pair tested the 200– hour simple moving average at 1.2616 on Friday morning.

Fri, 26 Feb 2021 07:54:42 GMT

AUD/USD breakout could occur

The Australian Dollar has declined by 195 pips or 2.44% against the US Dollar since yesterday's trading session. The currency pair tested the lower boundary of an ascending channel pattern during the Asian session on Friday.

Fri, 26 Feb 2021 07:25:24 GMT

EUR/JPY decline likely to continue

During the first half of yesterday's trading session, the common European currency surged by 98 pips or 0.76% against the Japanese Yen. However, the currency pair erased the earlier gains by the end of the session.

Thu, 25 Feb 2021 10:50:31 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate touched the 1,785.00 mark.

Thu, 25 Feb 2021 10:33:14 GMT

USD/JPY tests pivot point

Since Wednesday afternoon, the USD/JPY currency pair has been testing the resistance level—the weekly R1 at 106.17.

Thu, 25 Feb 2021 10:25:06 GMT

GBP/USD trades below 1.4200

Yesterday, the GBP/USD exchange rate failed to exceed the psychological level at 1.4200.

Thu, 25 Feb 2021 10:15:33 GMT

EUR/USD trades at 1.2220

During Thursday morning hours, the EUR/USD currency pair jumped to the 1.2220 level.

Thu, 25 Feb 2021 09:47:28 GMT

NZD/USD two scenarios likely

The New Zealand Dollar surged by 126 pips or 1.73% against the US Dollar on Wednesday. The NZD/USD currency pair tested the upper line of an ascending channel pattern at 0.7450 during yesterday's trading session.

Thu, 25 Feb 2021 09:37:07 GMT

USD/CAD breakout occurs

The US Dollar declined by 84 pips or 0.67% against the Canadian Dollar on Wednesday. A breakout occurred through the lower boundary of a descending channel pattern during yesterday's trading session.

Thu, 25 Feb 2021 08:24:38 GMT

AUD/USD pressured by 50– hour SMA

The Australian Dollar surged by 76 pips or 0.97% against the US Dollar on Wednesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.

Thu, 25 Feb 2021 07:39:00 GMT

EUR/JPY breakout occcurs

The common European currency surged by 74 pips or 0.58% against the Japanese Yen on Wednesday. The currency pair breached the upper line of an ascending channel pattern during yesterday's trading session.

Wed, 24 Feb 2021 11:05:29 GMT

XAU/USD consolidates at 1,810.00 area

Since Tuesday, the XAU/USD exchange rate has been consolidating in the 1,810.00 area.

Wed, 24 Feb 2021 10:57:06 GMT

USD/JPY trades at 105.80

During today's morning, the USD/JPY currency pair raised to the 105.80 level.

Wed, 24 Feb 2021 10:27:12 GMT

GBP/USD touched 1.4200

During Wednesday morning hours, the GBP/USD exchange rate touched the 1.4200 mark.

Wed, 24 Feb 2021 10:19:47 GMT

EUR/USD remains below 1.2180

Since Tuesday, the EUR/USD currency pair has been trading sideways in the 1.2160 area.

Wed, 24 Feb 2021 09:26:39 GMT

NZD/USD breakout could occur

The New Zealand Dollar has surged by 84 pips or 1.15% against the US Dollar since yesterday's trading session. The currency pair tested the upper line of an ascending channel pattern during the London session on Wednesday.

Wed, 24 Feb 2021 08:30:49 GMT

USD/CAD bears could prevail

The US Dollar has declined by 82 pips or 0.65% against the Canadian Dollar since yesterday's trading session. The currency pair was pressured lower by the 50– hour simple moving average.

Wed, 24 Feb 2021 08:15:51 GMT

AUD/USD two scenario likely

Australia's dollar fell by 46 pips or 0.58% against the US Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average at 0.7900 during yesterday's trading session.

Wed, 24 Feb 2021 07:28:04 GMT

EUR/JPY bulls likely to prevail

The EUR/JPY currency pair bounced off a support line formed by the 200– hour simple moving average at 127.69 on Tuesday. As a result, the exclusive European currency has surged by 61 pips or 0.47% since yesterday's trading session.

Tue, 23 Feb 2021 11:02:24 GMT

XAU/USD trades above 1,800.00

The XAU/USD exchange rate has raised to the 1,815.00 level.

Tue, 23 Feb 2021 10:57:10 GMT

USD/JPY could trade downwards

During today's morning hours, the USD/JPY currency pair reversed north from the 104.95 mark.

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