Technical Analysis

Thu, 25 Jul 2019 09:30:00 GMT

EUR/USD trades near 2018/2019 minimum

During Wednesday, the EUR/USD currency pair traded sideways round the psychological level at 1.1140. During today's morning, the pair was testing the 2018/2019 minimum at 1.1124.

Thu, 25 Jul 2019 09:24:44 GMT

NZD/USD no support level

The New Zealand Dollar versus the US Dollar breached a significant support level at 0.6693 during the morning hours of Thursday's trading session.

Thu, 25 Jul 2019 09:22:31 GMT

USD/CAD might aim at 1.3108

The US Dollar continued to trade sideways movement against the Canadian Dollar on Wednesday. The 50-hour simple moving average provided support for the currency pair during yesterday's trading session.

Thu, 25 Jul 2019 09:20:28 GMT

AUD/USD maintains channel pattern

The Australian Dollar maintained the junior descending channel pattern against the US Dollar on Wednesday. The currency pair traded near the bottom border of a descending channel pattern.

Thu, 25 Jul 2019 09:18:30 GMT

EUR/JPY decline likely to continue

The single European currency depreciated about 53 base points against the Japanese Yen on Wednesday. The currency pair continued its downward momentum during the first half of today's trading session.

Wed, 24 Jul 2019 10:03:45 GMT

NZD/USD potential upside reversal

The New Zealand Dollar depreciated about 50 base points against the US Dollar on Tuesday. The currency pair hit a one-week low at 0.6693 during the morning hours of Wednesday's trading session.

Wed, 24 Jul 2019 09:59:26 GMT

USD/CAD targets at 1.3202

The US Dollar traded flat against the Canadian Dollar on Tuesday. The USD/CAD currency pair was trading below the weekly R2 at 1.3156 during yesterday's trading session.

Wed, 24 Jul 2019 09:57:07 GMT

AUD/USD sets for breakout

During yesterday's trading session, the Australian Dollar depreciated about 51 base points against the US Dollar. The currency pair dashed through the weekly S1 at 0.7000.

Wed, 24 Jul 2019 09:53:23 GMT

EUR/JPY breakout occurs

The common European currency has depreciated about 82 base points against the Japanese Yen since Tuesday's session. The currency pair breached the lower boundary of a descending channel pattern during the first part of Wednesday's trading session.

Wed, 24 Jul 2019 09:16:02 GMT

XAU/USD squeezed by moving averages

Yesterday, the XAU/USD exchange rate tried to breach the short-term ascending channel south. During today's morning, the rate was testing the resistance of the 100-hour SMA at 1,426.59.

Wed, 24 Jul 2019 09:14:19 GMT

USD/JPY tests support cluster

During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 108.20.

Wed, 24 Jul 2019 09:12:53 GMT

GBP/USD unlikely to go upside

On Tuesday, the GBP/USD exchange rate traded sideways around the psychological level at 1.2450. During today's morning, the rate was still consolidating at the given level.

Wed, 24 Jul 2019 09:11:25 GMT

EUR/USD could continue to decline

Yesterday, the EUR/USD currency pair declined to the support level formed by the weekly S2 at the 1.1152 mark. During Wednesday's morning, the pair surpassed the given support.

Tue, 23 Jul 2019 10:21:58 GMT

XAU/USD tests short-term channel

During Monday, the XAU/USD exchange rate traded sideways at the 1,426.00 mark. During Tuesday's morning, the rate was testing the lower boundary of the short-term ascending channel at 1,418.00.

Tue, 23 Jul 2019 10:20:38 GMT

USD/JPY might go upwards

During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 107.90. During today's morning, the pair breached the short-term descending trend south.

Tue, 23 Jul 2019 10:19:06 GMT

GBP/USD likely to trade down

Yesterday, the GBP/USD exchange rate tried to surpass the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2479/1.2496 range. During Tuesday's morning, the rate declined to the 1.2440 level.

Tue, 23 Jul 2019 10:17:48 GMT

EUR/USD could continue to decline

On Monday, the EUR/USD currency pair traded sideways along the lower boundary of the short-term ascending channel. During today's morning, the pair breached the given channel south.

Tue, 23 Jul 2019 09:07:29 GMT

NZD/USD nears 200-hour SMA

The New Zealand Dollar has depreciated about 56 base points against the US Dollar since July 22. A breakout had occurred through the bottom border of an ascending channel pattern.

Tue, 23 Jul 2019 08:57:21 GMT

USD/CAD reaches two-week high

During the past 24 hours of trading, the US Dollar has depreciated about 0.74% in value against the Canadian Dollar. The currency pair reached a two-week high at 1.3148 during the Asian session on Tuesday.

Tue, 23 Jul 2019 08:50:13 GMT

AUD/USD decline likely to continue

The Australian Dollar continued its movement in a junior descending channel pattern against the US Dollar on Monday. The currency pair declined by 0.44% in value during the previous trading session.

Tue, 23 Jul 2019 08:46:17 GMT

EUR/JPY pressure by 100-hour SMA

The common European currency traded sideways movement against the Japanese Yen on Monday. The 100-hour simple moving average provided resistance at 121.08 during yesterday's trading session.

Mon, 22 Jul 2019 09:19:05 GMT

XAU/USD squeezed by 55– and 100-hour SMAs

During the previous trading session, the price for gold declined to the support level formed by the 100-hour SMA at 1,421.87.

Mon, 22 Jul 2019 09:17:24 GMT

NZD/USD tests 50-hour SMA

The New Zealand Dollar depreciated about 30 base points against the US Dollar on Friday. The decline was stopped by a support level formed by the 50-hour simple moving average at 0.6792.

Mon, 22 Jul 2019 09:16:43 GMT

USD/JPY could tumble

During Friday, the USD/JPY currency pair surged to the upper boundary of the short-term descending channel located circa 108.07.

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