Technical Analysis

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GBP/JPY decline to continue
Fri, 16 Apr 2021 07:00:38 GMT
 
The British Pound traded with low volatility against the Japanese Yen on Thursday. The GBP/JPY currency pair declined by 46 pips or 0.31% during yesterday's trading session. >>
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AUD/USD two scenarios likely
Fri, 16 Apr 2021 06:36:57 GMT
 
The Australian Dollar surged by 50 pips or 0.66% against the US Dollar on Thursday, The currency pair breached the weekly resistance level at 0.7755 during Thursday's trading session. >>
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EUR/JPY bounces off support
Fri, 16 Apr 2021 06:08:53 GMT
 
The common European currency fell by 46 pips or 0.35% against the Japanese Yen on Thursday. The currency pair tested the 130.03 level during Thursday's trading session. >>
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Gold once again tests 1,750.00
Thu, 15 Apr 2021 10:09:40 GMT
 
The yellow metal found support in the 1,735.00 level and surged. At mid-day on Thursday, the commodity price was testing the resistance zone, which was located just below the 1,750.00 >>
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USD/JPY declines below 108.80
Thu, 15 Apr 2021 10:04:21 GMT
 
On Thursday, the USD/JPY currency exchange rate passed the support of the 108.80 level. It occurred, as the 55-hour simple moving average approached the rate from above. In the near term >>
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GBP/USD should get squeezed in
Thu, 15 Apr 2021 10:00:20 GMT
 
Since Wednesday's early trading hours, the GBP/USD has fluctuated between the 1.3800 mark and the 55-hour simple moving average, which had been pushing the rate up. The situation was expected >>
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EUR/USD passes pivot point
Thu, 15 Apr 2021 09:48:24 GMT
 
The EUR/USD has passed the resistance of the weekly R1 simple pivot point at 1.1974. However, by the middle of European trading hours, the rate had not reached the >>
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USD/CAD breakout likely to occur
Thu, 15 Apr 2021 08:16:22 GMT
 
The US Dollar has declined by 90 pips or 0.71% against the Canadian Dollar since yesterday's trading session. The currency pair breached a support level at 1.2520 on Thursday morning. >>
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GBP/JPY could continue to trade sideways
Thu, 15 Apr 2021 07:24:36 GMT
 
The GBP/JPY currency pair has continued to trade sideways since April 8. The British Pound surged by 72 pips or 0.48% against the Japanese Yen during Wednesday's trading session. >>
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AUD/USD breaks three-week highs
Thu, 15 Apr 2021 06:30:35 GMT
 
The Australian Dollar surged by 101 pips or 1.32% against the US Dollar on Wednesday. The currency pair breached a three-week resistance level at 0.7666 during yesterday's trading session. >>
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EUR/JPY could still edge higher
Thu, 15 Apr 2021 05:59:18 GMT
 
The single European currency surged by 50 pips or 0.38% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 200– hour SMAs during yesterday's trading session. >>
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Gold remains below 1,750.00
Wed, 14 Apr 2021 11:35:37 GMT
 
The sharp surge of the yellow metal's price ended just before the metal reached the 1,750.00 level. Since the middle of Tuesday's trading, the price was trading sideways between the >>
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USD/JPY reaches new low-level
Wed, 14 Apr 2021 11:30:13 GMT
 
The USD/JPY passed the support of the previous April low levels on Tuesday. Moreover, the currency exchange rate passed the support of the weekly S1 simple pivot point at 108.87. >>
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GBP/USD reaches 1.3800 mark
Wed, 14 Apr 2021 11:23:37 GMT
 
The GBP/USD currency exchange rate broke the resistance of the weekly simple pivot point, the 200-hour simple moving average and the resistance zone of the recent April high levels. It >>
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EUR/USD breaks resistance
Wed, 14 Apr 2021 11:16:37 GMT
 
During Tuesday's afternoon, the EUR/USD broke the resistance cluster near the 1.1940 level. By the middle of Wednesday's trading hours, the currency exchange rate had reached the resistance of >>
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