Technical Analysis

Thu, 09 Jan 2020 10:45:36 GMT

EUR/USD tests medium-term channel

On Wednesday, the EUR/USD currency pair declined to the lower boundary of the medium-term ascending channel at 1.1112. During today's morning, the pair was testing the given channel.

Thu, 09 Jan 2020 10:35:26 GMT

NZD/USD decline to continue

The New Zealand Dollar has declined by 55 basis points against the US Dollar since yesterday's trading session. The currency pair was pressured down by the 50– and 100– hour SMAs.

Thu, 09 Jan 2020 10:24:23 GMT

USD/CAD bullish sentiment likely to continue

Bullish sentiment has continued to pressure the US Dollar higher against the Canadian Dollar. The currency pair has appreciated by 79 basis points since yesterday's trading session.

Thu, 09 Jan 2020 10:14:26 GMT

AUD/USD tests 50– hour SMA

The Australian Dollar versus the US Dollar tested the resistance line of the descending channel pattern at 0.6872 during Wednesday's trading session.

Thu, 09 Jan 2020 09:20:10 GMT

EUR/JPY breakout occurs

The common European currency has continued to trade bullish against the Japanese Yen. The currency pair appreciated by 115 basis points during yesterday's trading session.

Wed, 08 Jan 2020 10:22:19 GMT

NZD/USD breakout occurs

The New Zealand Dollar declined by 53 basis points against the US Dollar on Tuesday. The currency pair was pressured down by the 50– hour simple moving average during yesterday's trading session.

Wed, 08 Jan 2020 09:11:39 GMT

USD/CAD could edge higher

The US Dollar surged by 0.55% in value against the Canadian Dollar on Tuesday. The currency pair breached the 1.3010 area during yesterday's trading session.

Wed, 08 Jan 2020 09:02:32 GMT

XAU/USD reached 1,600.00

On Tuesday, the XAU/USD exchange rate raised to the 1,600.00 level. During today's morning, the rate declined to the 1,590.00 mark.

Wed, 08 Jan 2020 09:01:03 GMT

USD/JPY tested monthly S2

Yesterday, the USD/JPY currency pair tumbled to the monthly S2 at 107.65. During Wednesday morning, the pair reversed north.

Wed, 08 Jan 2020 08:59:42 GMT

GBP/USD tests support cluster

Yesterday, the GBP/USD exchange rate reversed south from the upper boundary of the medium-term descending channel. During Wednesday morning, the rate was testing the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3116/1.3141 area.

Wed, 08 Jan 2020 08:58:21 GMT

EUR/USD declined to 1.1140

On Tuesday, the EUR/USD currency pair declined to the 1.1140 level. During today's morning, the pair tried to surpass the monthly PP at 1.1153.

Wed, 08 Jan 2020 08:55:26 GMT

AUD/USD decline to continue

The Australian Dollar is currently trading in a narrow descending channel pattern against the US Dollar. The currency pair declined by 87 basis points during yesterday's trading session.

Wed, 08 Jan 2020 08:24:14 GMT

EUR/JPY bounces off support

The single European currency declined by 119 basis points against the Japanese Yen on Tuesday. The decline was stopped by the monthly S 1 at 120.33 during yesterday's trading session.

Tue, 07 Jan 2020 11:05:05 GMT

NZD/USD decline to continue

The New Zealand Dollar appreciated by 32 basis points against the US Dollar on Monday. The surge was stopped by the 200– hour simple moving average during yesterday's trading session.

Tue, 07 Jan 2020 10:49:45 GMT

XAU/USD supported by 100-hour SMA

Yesterday, the XAU/USD exchange rate reversed south from the 1,580.00 level. During Tuesday morning, the rate traded at the 1,560.00 mark.

Tue, 07 Jan 2020 10:47:45 GMT

USD/JPY tests resistance level

On Monday, the USD/JPY currency pair raised to the resistance formed by the Fibo 38.20%, the weekly PP and the 100-hour SMA circa 108.50. During today's morning, the pair was testing the given resistance.

Tue, 07 Jan 2020 10:45:50 GMT

GBP/USD tests medium-term channel

Yesterday, the GBP/USD exchange rate reached the 1.3180 mark. During Tuesday morning, the rate was testing the upper boundary of the medium-term descending channel.

Tue, 07 Jan 2020 10:43:41 GMT

EUR/USD remains below 1.1200

On Monday, the EUR/USD currency pair tried to surpass the resistance level formed by the Fibo 38.20%. During today's morning, the pair was trading near the given level.

Tue, 07 Jan 2020 10:05:34 GMT

USD/CAD pressured by 50– hour SMA

The US Dollar has continued to trade sideways against the Canadian Dollar since Monday's trading session. The currency pair made about 22 pips movement on Monday.

Tue, 07 Jan 2020 09:36:25 GMT

AUD/USD breakout occurs

The Australian Dollar has declined by 58 basis points against the US Dollar since yesterday's trading session.

Tue, 07 Jan 2020 09:18:33 GMT

EUR/JPY could continue bullish today

The common European currency appreciated by 108 basis points against the Japanese Yen on Monday. The currency pair tested the 50.00% Fibonacci retracement level at 121.33 during yesterday's trading session.

Mon, 06 Jan 2020 10:56:14 GMT

XAU/USD reached 1,580.00

On Friday, the XAU/USD exchange rate jumped to the 1,580.00 level. During Monday morning, the rate was testing the given level.

Mon, 06 Jan 2020 10:54:10 GMT

USD/JPY tests monthly S1

On Friday, the USD/JPY currency pair traded sideways at the 108.00 area. During today's morning, the pair was testing the resistance level—the monthly S1 at 108.17.

Mon, 06 Jan 2020 10:52:33 GMT

GBP/USD remains above 1.3060

During last trading session, the GBP/USD exchange rate tested the support provided by the 200-hour SMA at 1.3060. During Monday morning, the rate was testing the resistance formed by the weekly PP, as well the 55– and 100-hour SMAs in the 1.3140 area.

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