Technical Analysis

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AUD/USD buyers likely to prevail
Thu, 29 Apr 2021 06:19:17 GMT
 
The Australian Dollar climbed by 76 pips or 0.98% against the US Dollar on Wednesday. The surge was stopped by the weekly resistance level at 0.7814 during the Asian session >>
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EUR/JPY trades above 50– hour SMA
Thu, 29 Apr 2021 05:57:21 GMT
 
The common European currency edged higher by 39 pips or 0.30% against the Japanese Yen on Wednesday. The currency pair breached the weekly R2 at 131.72 during Wednesday's trading session. >>
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XAU/USD breaks resistance level
Thu, 29 Apr 2021 05:33:25 GMT
 
The XAU/USD exchange rate bounced off the lower boundary of an ascending channel pattern at 1765.3 on Wednesday. As a result, the commodity surged by 175 pips or 0.99% during >>
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USD/JPY decline likely to continue
Thu, 29 Apr 2021 05:30:08 GMT
 
Downside risks pressured the US Dollar against the Japanese Yen on Wednesday. The currency pair dropped by 60 pips or 0.55% during yesterday's trading session. >>
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GBP/USD could pullback
Thu, 29 Apr 2021 04:47:55 GMT
 
Upside risks dominated the British Pound against the US Dollar on Wednesday. The GBP/USD currency pair surged by 88 pips or 0.64% during Wednesday's trading session. >>
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EUR/USD bulls likely to prevail
Thu, 29 Apr 2021 04:04:44 GMT
 
On April 28, the Eurozone single currency surged by 77 pips or 0.64% against the US Dollar. The currency pair breached the resistance level at 1.2113 during Wednesday's trading session. >>
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USD/CAD awaits FOMC Statement
Wed, 28 Apr 2021 08:04:05 GMT
 
The USD/CAD currency pair continued to trade sideways during yesterday's trading session. The US Dollar traded near the 1.2385 level against the Canadian Dollar on Tuesday. >>
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GBP/JPY bounces off support
Wed, 28 Apr 2021 07:18:24 GMT
 
Upside risk pressured the British Pound against the Japanese Yen on Tuesday. The currency pair bounced off a support cluster at the 150.23 area during yesterday's trading session. >>
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AUD/USD likely to break channel
Wed, 28 Apr 2021 07:03:50 GMT
 
Australia's Dollar fell by 40 pips or 0.50% against the US Dollar on Tuesday. The currency pair tested the bottom border of an ascending channel pattern during the Asian session >>
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EUR/JPY bullish trend likely to continue
Wed, 28 Apr 2021 06:44:10 GMT
 
Upside risks dominated the EUR/JPY currency pair on Tuesday. The common European currency edged higher by 86 pips or 0.66% against the Japanese Yen during Tuesday's trading session. >>
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XAU/USD two scenarios likely
Wed, 28 Apr 2021 06:09:50 GMT
 
On Tuesday, the precious metal gold declined by 95 pips or 0.54% against the US Dollar. The commodity breached the 55– and 200– hour SMAs during yesterday's trading session. >>
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USD/JPY breakout likely to occur
Wed, 28 Apr 2021 05:25:56 GMT
 
During Tuesday's trading session, The US Dollar surged by 55 pips or 0.51% against the Japanese Yen. The currency pair breached the weekly R1 at 108.73 on Tuesday. >>
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GBP/USD bulls likely to prevail
Wed, 28 Apr 2021 05:16:44 GMT
 
On April 27, the Pound Sterling surged by 56 pips or 0.40% against the US Dollar. The currency pair tested the upper line of a descending channel pattern at 1.3920 >>
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EUR/USD could edge higher
Wed, 28 Apr 2021 05:04:41 GMT
 
On April 27, the Eurozone single currency surged by 37 pips or 0.30% against the US Dollar. The currency pair tested the 1.2093 level during Tuesday's trading session. >>
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USD/CAD bears likely to prevail
Tue, 27 Apr 2021 07:37:48 GMT
 
Downside risks dominated the USD/CAD currency pair during Monday's trading session. As a result, the US Dollar fell by 97 pips or 0.78% against the Canadian Dollar on Monday. >>
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