Technical Analysis

Mon, 27 Jan 2020 09:14:42 GMT

USD/JPY could decline below 108.80

During previous trading day, the USD/JPY currency pair tumbled to the 108.80 level. During Monday morning, the pair reversed north.

Mon, 27 Jan 2020 09:13:13 GMT

GBP/USD squeezed by 55– and 200-hour SMAs

During last trading session, the GBP/USD exchange rate failed to breach the medium-term ascending channel. During Monday morning, the rate was testing support provided by the 200-hour SMA at 1.3061.

Mon, 27 Jan 2020 09:11:17 GMT

EUR/USD follows short-term channel

On Friday, the EUR/USD currency pair went downwards along the lower boundary of the short-term descending channel. During today's morning, the pair reversed north.

Mon, 27 Jan 2020 09:02:35 GMT

AUD/USD testing support level at 0.6794

The Australian Dollar declined by 40 basis points or 0.58% in value against the US Dollar on Friday. The decline continues during the morning hours of Monday trading session.

Mon, 27 Jan 2020 08:38:19 GMT

EUR/JPY could make brief upside retracement

The single European currency declined by 84 basis points or 0.69% in value against the Japanese Yen on Friday. The currency pair was pressured south by the 50– hour simple moving average.

Fri, 24 Jan 2020 10:30:25 GMT

XAU/USD remains below 1,568.00

On Thursday, the XAU/USD exchange rate tried to surpass the 1,568.00 level. During today's morning, the rate was trading at 1,562.00.

Fri, 24 Jan 2020 10:28:52 GMT

USD/JPY could decline

Yesterday, the USD/JPY currency pair declined to the monthly R1 at 109.47. During Friday morning, the pair was testing the upper boundary of the short-term descending channel at 109.65.

Fri, 24 Jan 2020 10:27:16 GMT

GBP/USD squeezed by moving averages

Yesterday, the GBP/USD exchange rate traded sideways in the 1.3120 area. During Friday morning, the rate was trading at 1.3100.

Fri, 24 Jan 2020 10:25:33 GMT

EUR/USD declined to 1.1040

On Thursday, the EUR/USD currency pair tumbled to the 1.1040 level. During today's morning, the pair was trading at the given level.

Fri, 24 Jan 2020 10:01:00 GMT

NZD/USD could edge higher

The New Zealand Dollar has surged by 47 pips or 0.72% in value against the US Dollar since Thursday's trading session. A breakout occurred through the upper boundary of a descending channel pattern at 0.6618 on Friday morning.

Fri, 24 Jan 2020 09:38:12 GMT

USD/CAD buy signals

During Thursday's trading session, the US Dollar declined by 45 basis points or 0.34% in value against the Canadian Dollar. The currency pair tested 50– hour simple moving average at 1.3127 on Thursday.

Fri, 24 Jan 2020 09:01:36 GMT

AUD/USD could edge lower

The Australian Dollar declined by 48 basis points or 0.70% in value against the US Dollar on Thursday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Fri, 24 Jan 2020 08:43:31 GMT

EUR/JPY breakout occurs

The common European currency fell by 109 pips or 0.89% in value against the Japanese Yen on Thursday. A breakout occurred through the lower boundary of a descending channel pattern during yesterday's trading session.

Thu, 23 Jan 2020 11:09:39 GMT

XAU/USD tests rising wedge pattern

On Wednesday, the XAU/USD exchange rate reversed north from the lower boundary of the rising wedge pattern. During today's morning, the rate was testing the lower pattern line.

Thu, 23 Jan 2020 11:08:01 GMT

USD/JPY dropped to 109.60

Yesterday, the USD/JPY currency pair declined to the weekly S1 at 109.71. During Thursday morning, the pair declined below the given level.

Thu, 23 Jan 2020 11:06:19 GMT

GBP/USD raised to 1.3040

Yesterday, the GBP/USD exchange rate jumped to the 1.3140 level. During Thursday morning, the rate was trading at the given level.

Thu, 23 Jan 2020 11:04:29 GMT

EUR/USD tests falling wedge pattern

On Wednesday, the EUR/USD currency pair tested the upper boundary of the falling wedge pattern. During today's morning, the pair continued to test the given line.

Thu, 23 Jan 2020 08:26:41 GMT

NZD/USD moving towards weekly S1

The NZD/USD exchange rate traded with low volatility on Wednesday. The New Zealand Dollar made a 25-pip movement against the US Dollar during Wednesday's trading session.

Thu, 23 Jan 2020 08:08:03 GMT

USD/CAD bullish momentum

Bullish momentum has pressured the US Dollar higher against the Canadian Dollar since yesterday's trading session. The currency pair has appreciated by 0.99% in value since Wednesday's session.

Thu, 23 Jan 2020 07:44:53 GMT

AUD/USD breakout occurs

Upside risks have dominated the Australian Dollar versus the US Dollar since Wednesday's trading session. A breakout occurred through the upper bounced of a descending channel pattern during the Asian session on Thursday.

Thu, 23 Jan 2020 07:36:30 GMT

EUR/JPY two scenarios likely

The 50– hour simple moving average has continued to pressure the Eurozone single currency lower against the Japanese Yen. The currency pair has declined by 65 basis points since Wednesday's trading session.

Wed, 22 Jan 2020 11:13:08 GMT

XAU/USD remains above 1,550.00

On Tuesday, the XAU/USD exchange rate failed to surpass the 1,568.00 level. During today's morning, the rate was trading below the 1,560.00 mark.

Wed, 22 Jan 2020 11:11:50 GMT

USD/JPY squeezed by moving averages

Yesterday, the USD/JPY currency pair tested the lower boundary of the medium-term ascending channel at 109.80. During Wednesday morning, the rate was testing the support provided by the 200-hour SMA at 109.96.

Wed, 22 Jan 2020 11:10:38 GMT

GBP/USD might surpass 1.3080

Yesterday, the GBP/USD exchange rate raised to the 1.3060 level. During Wednesday morning, the rate was trading at the given mark.

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