Technical Analysis

Mon, 22 Jul 2019 09:15:17 GMT

USD/CAD pressure by SMAs

The US Dollar appreciated about 77 base points against the Canadian Dollar on Friday. After the currency pair tested the weekly R1 at 1.3108, the pair made a retracement down.

Mon, 22 Jul 2019 09:15:01 GMT

GBP/USD tests support cluster

At the end of the previous trading week, the GBP/USD exchange rate reversed north from the resistance level formed by the monthly S1 at 1.2545.

Mon, 22 Jul 2019 09:13:24 GMT

EUR/USD unlikely to trade up

On Friday, the EUR/USD currency pair declined to the 1.1210 level. During today's morning, the pair was trading at the monthly S1 located at 1.1220.

Mon, 22 Jul 2019 09:12:34 GMT

AUD/USD breakout occurs

The Australian Dollar depreciated about 42 base points against the US Dollar on Friday. The 50-hour simple moving average provided support for the currency pair during Friday's trading session.

Mon, 22 Jul 2019 09:09:12 GMT

EUR/JPY tests resistance cluster

The single European currency depreciated about 43 base points against the Japanese Yen on Friday. The currency pair was guided down by a descending channel pattern.

Fri, 19 Jul 2019 10:48:19 GMT

XAU/USD reached 1,445.00

Yesterday, the XAU/USD exchange rate jumped to the 1,445.00 level. During today's morning, the rate declined to the 1,440.00 mark.

Fri, 19 Jul 2019 10:46:13 GMT

USD/JPY: two scenarios likely

During the previous trading session, the USD/JPY currency pair tried to surpass the psychological level at 107.20. During Friday's morning, the pair was trading at the 107.60 mark.

Fri, 19 Jul 2019 10:44:14 GMT

GBP/USD could trade sideways

During Thursday, the GBP/USD exchange rate raised to the resistance level formed by the weekly PP and the monthly S1 located circa 1.2540. During today's morning, the rate was testing the given resistance.

Fri, 19 Jul 2019 10:42:46 GMT

EUR/USD tests support cluster

Yesterday, the EUR/USD currency pair skyrocketed to the 1.1280 level and reversed south. During Friday's morning, the pair was testing the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.1236/1.1250 range.

Fri, 19 Jul 2019 09:09:23 GMT

NZD/USD bullish market

The New Zealand Dollar appreciated about 62 base points against the US Dollar on Thursday. The exchange rate tested the weekly R2 at 0.6787 during yesterday's trading session.

Fri, 19 Jul 2019 09:03:21 GMT

USD/CAD sell signals today

The US Dollar depreciated about 74 base points against the Canadian Dollar on Thursday. The currency pair breached both the 50-, 100– and 200-hour SMAs during yesterday's trading session.

Fri, 19 Jul 2019 08:58:20 GMT

AUD/USD might make brief retracement

The Australian Dollar appreciated about 53 base points against the US Dollar on Thursday. The currency pair breached the weekly R1 at 0.7062 at the end of yesterday's trading session.

Fri, 19 Jul 2019 08:55:35 GMT

EUR/JPY potential upside movement

The common European currency traded with low volatility against the Japanese Yen on Thursday. The currency pair made about 24 pips movement during yesterday's trading session.

Thu, 18 Jul 2019 10:32:03 GMT

XAU/USD might decline

During the previous trading session, the XAU/USD exchange rate skyrocketed to the upper boundary of the short-term ascending channel at 1,431.00. During today's morning, the rate reversed south.

Thu, 18 Jul 2019 10:30:33 GMT

USD/JPY revealed descending trend

Yesterday, the USD/JPY currency pair tumbled to the 107.70 level. During Thursday's morning, the pair was trading at the given level.

Thu, 18 Jul 2019 10:29:04 GMT

GBP/USD tests resistance level

On Wednesday, the GBP/USD exchange rate reversed north from the descending trend line located at the 1.2393 mark. During today's morning, the rate was testing the resistance level formed by the 100– and 200-hour SMAs, as well the weekly S1 at 1.2487.

Thu, 18 Jul 2019 10:27:35 GMT

EUR/USD likely to decline

Yesterday, the EUR/USD currency pair reached the resistance formed by the 100– and 200-hour SMAs, located circa 1.1240. During Thursday's morning, the pair was testing it.

Thu, 18 Jul 2019 10:02:44 GMT

NZD/USD could edge higher

The New Zealand Dollar maintained the ascending channel pattern against the US Dollar on Wednesday. The currency pair appreciated about 47 base points during yesterday's trading session.

Thu, 18 Jul 2019 09:58:56 GMT

USD/CAD stranded between SMAs

The US Dollar declined about 0.40% in value against the Canadian Dollar on Wednesday. The currency pair was pressured by the 200-hour simple moving average during yesterday's trading session.

Thu, 18 Jul 2019 09:56:20 GMT

AUD/USD bounces support level

The Australian Dollar versus the US Dollar bounced off a psychological support level at 0.7000. The currency pair breached both the 50– and 100 –hour SMAs at 0.7019 during the morning hours of today's trading session.

Thu, 18 Jul 2019 09:52:40 GMT

EUR/JPY sets for breakout

The EUR/JPY currency pair has continued to trade south in a descending channel pattern. The Euro has depreciated about 0.44% in value since yesterday's trading session.

Wed, 17 Jul 2019 11:33:21 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate declined to the 1,400.00 level. During Wednesday's morning, the rate tested the resistance formed by the 55-, 100– and 200-hour SMAs, located in the 1,407.04/1,411.32 range.

Wed, 17 Jul 2019 11:31:21 GMT

USD/JPY squeezed by moving averages

During the previous trading session, the USD/JPY currency pair tried to surpass the resistance formed by the 200-hour SMA located at 108.34.

Wed, 17 Jul 2019 11:29:33 GMT

GBP/USD tests trend line

Yesterday, the GBP/USD exchange rate tried to surpass the descending trend line located circa 1.2400. During Wednesday's morning, the rate was testing the given line.

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