Technical Analysis

Thu, 19 Nov 2020 10:38:27 GMT

USD/JPY trades above 103.80

During Thursday morning hours, the USD/JPY currency pair reversed north from the 103.80 mark.

Thu, 19 Nov 2020 10:31:51 GMT

GBP/USD trades below 1.3240

Yesterday, the GBP/USD exchange rate could reverse south from the resistance level—the weekly R1 at 1.3310.

Thu, 19 Nov 2020 10:24:51 GMT

EUR/USD could trade downwards

On Wednesday, the EUR/USD currency pair reversed south from the psychological level at 1.1890.

Thu, 19 Nov 2020 10:07:13 GMT

NZD/USD could edge lower

The New Zealand Dollar surged by 62 pips or 0.90% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session.

Thu, 19 Nov 2020 09:27:21 GMT

USD/CAD bulls likely to prevail

The USD/CAD exchange rate bounced off from a support level formed by the lower boundary of an ascending channel pattern at 1.3040 during the end of yesterday's trading session.

Thu, 19 Nov 2020 08:03:45 GMT

AUD/USD tests channel line

The Australian Dollar declined by 42 pips or 0.57% against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Thursday.

Thu, 19 Nov 2020 07:28:53 GMT

EUR/JPY bounces off support

The common European currency declined by 51 pips or 0.42% against the Japanese Yen on Wednesday. The currency pair tested the lower line of a descending channel pattern at 122.64 during the Asian session on Thursday. 

Tue, 17 Nov 2020 11:33:10 GMT

XAU/USD remains below 200-hour SMA

Yesterday, the XAU/USD exchange rate touched the 1,870.00 level. During Tuesday morning, the rate was trading at 1,900.00.

Tue, 17 Nov 2020 11:19:56 GMT

USD/JPY could decline in short run

On Monday, the USD/JPY currency pair reversed south from the Fibo 23.60% at 105.03. During today's morning, the pair declined below 104.40.

Tue, 17 Nov 2020 11:08:26 GMT

GBP/USD could go upwards

Yesterday, the GBP/USD exchange rate tried to surpass the 1.3240 mark. During Tuesday morning, the rate exceeded the given level.

Tue, 17 Nov 2020 10:53:28 GMT

EUR/USD trades above 1.1860

During Tuesday morning hours, the EUR/USD currency pair exceeded the 1.1860 level.

Tue, 17 Nov 2020 10:04:08 GMT

NZD/USD remains near 0.6920

The New Zealand Dollar surged by 49 basis points or 0.72% against the US Dollar on Monday. The currency pair tested the weekly resistance level at 0.6911 during yesterday's trading session.

Tue, 17 Nov 2020 09:42:07 GMT

USD/CAD decline could continue

The US Dollar has declined by 93 basis points or 0.77% against the Canadian Dollar since yesterday's trading session. The currency pair breached the 200– hour SMA on Tuesday morning.

Tue, 17 Nov 2020 08:23:36 GMT

AUD/USD could edge lower

The Australian Dollar surged by 45 basis points or 0.61% against the US Dollar on Monday. The currency pair tested the upper boundary of a narrow ascending channel pattern during yesterday's trading session.

Tue, 17 Nov 2020 07:56:42 GMT

EUR/JPY sets for breakout

The common European currency declined by 62 basis points or 0.50% against the Japanese Yen on Monday. The currency pair tested the 123.67 level during yesterday's trading session.

Mon, 16 Nov 2020 10:49:55 GMT

XAU/USD tests 200-hour SMA

Since Friday, the XAU/USD exchange rate has been testing the resistance provided by the 200-hour moving average near 1,900.00.

Mon, 16 Nov 2020 10:42:18 GMT

USD/JPY could go downwards

The USD/JPY currency pair continued to trade downwards. During Monday morning hours, the pair pierced the weekly PP at 104.53.

Mon, 16 Nov 2020 10:31:34 GMT

GBP/USD touched 1.3240 mark

On Friday, the GBP/USD exchange rate raised to the 1.3220 level. During today's morning, the rate reversed south.

Mon, 16 Nov 2020 10:22:39 GMT

EUR/USD trades above 1.1820

During Monday morning hours, the EUR/USD currency pair raised to the 1.1860 level.

Mon, 16 Nov 2020 09:27:43 GMT

NZD/USD buying signals

The New Zealand Dollar has surged by 75 points or 1.10% against the US Dollar since Friday's trading session. The currency pair breached the 50– and 100– hour SMAs during the Asian session on Monday.

Mon, 16 Nov 2020 08:43:19 GMT

USD/CAD could edge lower

The US Dollar has declined by 74 points or 0.56% against the Canadian Dollar since Friday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern during the Asian session on Monday.

Mon, 16 Nov 2020 08:11:53 GMT

AUD/USD breakout occurs

The Australian Dollar surged by 50 points or 0.69% against the US Dollar on Friday. A breakout occurred through the upper boundary of a descending channel pattern during the Asian session on Monday.

Mon, 16 Nov 2020 07:31:46 GMT

EUR/JPY bears could prevail

The Eurozone single currency declined by 57 points or 0.46% against the Japanese Yen on Friday. The 100– hour simple moving average provided resistance for the currency pair during Friday's trading session.

Fri, 13 Nov 2020 11:11:48 GMT

XAU/USD remains below 1,890.00

The XAU/USD exchange rate continued to trade sideways in the 1,860.00/1,890.00 range.

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