Technical Analysis

Tue, 20 Oct 2020 09:28:07 GMT

XAU/USD remains below 1,915.00

On Monday, the XAU/USD exchange rate reversed south from the 1,915.00 level.

Tue, 20 Oct 2020 09:16:31 GMT

USD/JPY revealed rising wedge pattern

The USD/JPY currency pair has revealed a rising wedge pattern.

Tue, 20 Oct 2020 09:04:32 GMT

GBP/USD trades within falling wedge pattern

Yesterday, the GBP/USD exchange rate pierced the upper line of the falling wedge pattern, but remained to trade within the given pattern.

Tue, 20 Oct 2020 08:55:02 GMT

EUR/USD jumped to monthly PP

On Monday, the EUR/USD currency pair jumped to the monthly PP at 1.1782.

Tue, 20 Oct 2020 08:47:48 GMT

NZD/USD decline to continue

The New Zealand Dollar declined by 57 points or 0.85% against the US Dollar on Monday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.

Tue, 20 Oct 2020 08:28:04 GMT

USD/CAD bounces off support

The US Dollar edged higher by 47 points or 0.36% against the Canadian Dollar on Monday. The currency pair breached the 100– and 200– hour SMAs during yesterday's trading session.

Tue, 20 Oct 2020 07:43:38 GMT

AUD/USD decline likely to continue

The Australian Dollar declined by 53 points or 0.74% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during Monday's trading session.

Tue, 20 Oct 2020 05:58:05 GMT

EUR/JPY breakout occurs

Upside risks dominated the common European currency against the Japanese Yen on Monday. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session.

Mon, 19 Oct 2020 09:35:19 GMT

XAU/USD supported by moving averages

During Monday morning hours, the XAU/USD exchange rate exceeded the monthly PP at 1,909.25.

Mon, 19 Oct 2020 09:21:41 GMT

USD/JPY tests weekly PP

During Monday morning hours, the USD/JPY currency pair tested the weekly PP at 105.44.

Mon, 19 Oct 2020 09:10:49 GMT

GBP/USD revealed falling wedge pattern

The GBP/USD exchange rate has revealed a falling wedge pattern.

Mon, 19 Oct 2020 09:02:35 GMT

EUR/USD trades below 1.1740

Since Friday, the EUR/USD currency pair has been testing the 1.1740 level.

Mon, 19 Oct 2020 08:02:43 GMT

NZD/USD breached channel pattern

The New Zealand Dollar rose by 28 pips or 0.42% against the US Dollar on Friday. The currency pair tested the upper line of a descending channel pattern at 0.6623 on Monday morning.

Mon, 19 Oct 2020 07:35:33 GMT

USD/CAD two scenarios likely

The US Dollar declined by 58 pips or 0.44% against the Canadian Dollar on Friday. The currency pair breached the 200– hour simple moving average during Friday's trading session.

Mon, 19 Oct 2020 06:54:29 GMT

AUD/USD remains below 0.7100

The Australian Dollar consolidated against the US Dollar on Friday. The AUD/USD currency pair traded below the 0.7100 level during Friday's trading session. 

Mon, 19 Oct 2020 06:28:46 GMT

EUR/JPY breakout could occur

The common European currency surged by 45 pips or 0.37% against the Japanese Yen on Friday. The currency pair tested the 100– hour simple moving average at 123.63 during Friday's trading session.

Fri, 16 Oct 2020 10:00:50 GMT

XAU/USD tests resistance level

Since Thursday, the XAU/USD exchange rate has been testing the resistance level—the monthly PP at 1,909.29.

Fri, 16 Oct 2020 09:50:40 GMT

USD/JPY pressured by 55– and 100-hour SMAs

On Thursday, the USD/JPY currency pair touched the 105.45 mark.

Fri, 16 Oct 2020 09:39:33 GMT

GBP/USD trades above 1.2900

Yesterday, the GBP/USD exchange rate dropped to the 1.2900 level. During today's morning, the rate reversed north.

Fri, 16 Oct 2020 09:34:22 GMT

EUR/USD consolidates near 1.1700

Since Thursday, the EUR/USD currency pair has been trying to decline below the 1.1700 level.

Fri, 16 Oct 2020 07:39:29 GMT

NZD/USD two scenarios likely

The New Zealand Dollar declined by 76 basis points or 1.14% against the US Dollar on Thursday. The decline was stopped by the weekly support level at 0.6582 during yesterday's trading session.

Fri, 16 Oct 2020 06:51:57 GMT

USD/CAD breakout occurs

The US Dollar surged by 97 basis points or 0.74% against the Canadian Dollar on Thursday. A breakout occurred through the upper line of a descending channel pattern during Thursday's trading session.

Fri, 16 Oct 2020 06:12:51 GMT

AUD/USD decline likely to continue

The Australian Dollar declined by 79 basis points or 1.10% against the US Dollar on Thursday. The currency pair tested the lower line of a descending channel pattern at 0.7060 during Thursday's trading session.

Fri, 16 Oct 2020 05:35:02 GMT

EUR/JPY selling signals

The single European currency declined by 59 basis points or 0.48% against the Japanese Yen on Thursday. The currency pair tested the lower boundary of a narrow descending channel pattern during yesterday's trading session. 

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