Technical Analysis

Thu, 18 Feb 2021 10:27:08 GMT

GBP/USD tests weekly R1

During today's morning, the GBP/USD exchange rate was testing the weekly R1 at 1.3923.

Thu, 18 Feb 2021 10:19:14 GMT

EUR/USD could trade downwards

During Wednesday morning hours, the EUR/USD currency pair bounced off the weekly S1 at 1.2045.

Thu, 18 Feb 2021 09:33:09 GMT

NZD/USD breakout occurs

The New Zealand Dollar declined by 47 pips or 0.66% against the US Dollar on Wednesday. The currency pair tested the 0.7160 level during yesterday's trading session.

Thu, 18 Feb 2021 08:54:29 GMT

USD/CAD could edge higher

The US Dollar traded sideways against the Canadian Dollar on Wednesday. The currency pair made about 35 pips or 0.29% movement during yesterday's trading session.

Thu, 18 Feb 2021 07:58:52 GMT

AUD/USD could still edge lower

The Australian Dollar declined by 46 pips or 0.59% against the US Dollar on Wednesday. The decline was stopped by the weekly pivot point at 0.7727 during yesterday's trading session.

Thu, 18 Feb 2021 07:17:50 GMT

EUR/JPY decline likely to continue

The common European currency declined by 98 pips or 0.76% against the Japanese Yen on Wednesday. The currency pair breached the 50– hour simple moving average at 127.88 during yesterday's trading session.

Wed, 17 Feb 2021 11:10:04 GMT

XAU/USD could go downwards

The XAU/USD exchange rate has declined to the 1,785.00 mark.

Wed, 17 Feb 2021 10:46:26 GMT

USD/JPY trades below 106.20

The USD/JPY currency pair has touched the psychological level at 106.20.

Wed, 17 Feb 2021 10:37:13 GMT

GBP/USD tests 100-hour SMA

During Wednesday morning hours, the GBP/USD exchange rate was testing the support provided by the 100-hour SMA near 1.3870.

Wed, 17 Feb 2021 10:28:21 GMT

EUR/USD trades below 1.2080

The EUR/USD currency pair has declined below the 1.2080 level.

Wed, 17 Feb 2021 08:25:16 GMT

NZD/USD breakout occurs

The New Zealand Dollar has declined by 88 pips or 1.22% against the US Dollar since Tuesday's trading session. A breakout occurred through the lower line of an ascending channel pattern on Tuesday.

Wed, 17 Feb 2021 07:53:42 GMT

USD/CAD two scenarios likely

Upside risks dominated the US Dollar against the Canadian Dollar Tuesday. The USD/CAD currency pair has surged by 105 pips or 0.83% since yesterday's trading session.

Wed, 17 Feb 2021 07:12:15 GMT

AUD/USD decline likely to continue

The Australian Dollar fell by 55 pips or 0.70% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average at 0.7774 during yesterday's trading session.

Wed, 17 Feb 2021 07:01:43 GMT

EUR/JPY reverses from 128.40

The common European currency rose by 49 pips or 0.38% against the Japanese Yen on Tuesday. The currency pair tested the upper line of an ascending channel pattern at 128.40 during Tuesday's trading session.

Tue, 16 Feb 2021 10:48:23 GMT

XAU/USD remains below 1,830.00

Since Monday, the XAU/USD exchange rate has been consolidating in the 1,820.00 area.

Tue, 16 Feb 2021 10:31:12 GMT

USD/JPY to re-test weekly R1

During today's morning, the USD/JPY currency pair bounced off the weekly R1 at 105.62.

Tue, 16 Feb 2021 10:20:39 GMT

GBP/USD could extend gains

During Tuesday morning hours, the GBP/USD exchange rate exceeded the weekly R1 at 1.3923.

Tue, 16 Feb 2021 10:09:31 GMT

EUR/USD trades above 1.2140

On Monday, the EUR/USD currency pair was trading sideways in the 1.2140 area.

Tue, 16 Feb 2021 09:18:18 GMT

NZD/USD could continue to surge

New Zealand's Dollar has edged higher by 55 pips or 0.76% against the US Dollar since Monday's trading session. The currency pair breached the weekly R1 at 0.7253 on Tuesday morning.

Tue, 16 Feb 2021 08:43:59 GMT

USD/CAD bounces off support

The US Dollar fell by 58 pips or 0.45% against the Canadian Dollar on Monday. The currency pair tested the lower line of a descending channel pattern at 1.2610 on Tuesday morning.

Tue, 16 Feb 2021 07:57:19 GMT

AUD/USD could make pullback

Australia's currency surged by 31 pips or 0.39% against the US Dollar on Monday. The currency pair tested the upper line of an ascending channel pattern at 0.7803 during Tuesday's trading session.

Tue, 16 Feb 2021 07:20:34 GMT

EUR/JPY could break channel

The single European currency climbed by 66 pips or 0.52% against the Japanese Yen on Monday. The currency pair breached the weekly R2 at 127.83 during yesterday's trading session.

Mon, 15 Feb 2021 10:36:49 GMT

XAU/USD could trade downwards

Since Friday, the XAU/USD exchange rate has been testing the psychological level at 1,815.00.

Mon, 15 Feb 2021 10:26:31 GMT

USD/JPY trades at 105.40

During Monday morning hours, the USD/JPY currency pair jumped to the 105.40 mark.

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