Technical Analysis

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EUR/USD remains near 1.1900
Mon, 12 Apr 2021 10:52:48 GMT
 
The EUR/USD started the week by once again confirming the support of the 1.1890/1.1870 zone. It was followed up by another surge, which could test the resistance of the >>
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USD/CAD trades near resistance cluster at 1.2571
Mon, 12 Apr 2021 07:27:22 GMT
 
The US Dollar declined by 82 pips or 0.65% against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a descending channel pattern during Friday's trading >>
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GBP/JPY could break channel pattern
Mon, 12 Apr 2021 07:07:01 GMT
 
The GBP/JPY currency pair bounced off a support level at 149.65 on Friday. As a result, the British Pound surged by 128 pips or 0.85% against the Japanese Yen during >>
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AUD/USD breakout could occur
Mon, 12 Apr 2021 06:46:52 GMT
 
The Australian Dollar declined by 63 pips or 0.83% against the US Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern during Friday's trading >>
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EUR/JPY two scenarios likely
Mon, 12 Apr 2021 06:16:37 GMT
 
The common European currency surged by 46 pips or 0.36% against the Japanese Yen on Friday. The currency pair tested the 130.60 level during the Asian session on Monday. >>
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USD/CAD bounces off support
Fri, 09 Apr 2021 07:22:44 GMT
 
The US Dollar declined by 67 pips or 0.53% against the Canadian Dollar on Thursday. The currency pair breached the 50– and 200– hour simple moving averages during yesterday's trading >>
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Gold passes March high
Fri, 09 Apr 2021 07:10:12 GMT
 
During the late hours of Thursday's trading, the price for gold reached above the 1,755.00 level, which is the high level of March. However, a follow up surge did not >>
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GBP/JPY decline to continue
Fri, 09 Apr 2021 06:58:49 GMT
 
The Pound Sterling has continued to edge lower against the Japanese Yen since this week's trading sessions. The currency pair declined by 105 pips or 0.70% during Thursday's trading session. >>
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USD/JPY found support in 109.00
Fri, 09 Apr 2021 06:54:42 GMT
 
On Thursday, the currency exchange rate declined below the zone of 109.38/109.23. It eventually found support in the 109.00 level and started a recovery. During the morning hours of Friday's >>
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EUR/USD is pushed by SMA
Fri, 09 Apr 2021 06:46:23 GMT
 
On Thursday, the support of the 55-hour simple moving average managed to push the EUR/USD up, as just before mid-day the rate started a surge. However, on Friday morning >>
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GBP/USD extends decline
Fri, 09 Apr 2021 06:46:01 GMT
 
During the early hours of Friday's trading, the GBP/USD passed the support zone above the 1.3720 level. This support kept the rate up since the middle of Wednesday's trading. The >>
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AUD/USD breakout occurs
Fri, 09 Apr 2021 06:22:30 GMT
 
The Australian Dollar rose by 54 pips or 0.71% against the US Dollar on Thursday. The surge was stopped by a resistance line at the 0.7660 level during yesterday's trading >>
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EUR/JPY could edge up
Fri, 09 Apr 2021 05:44:34 GMT
 
During the first half of Thursday's trading session, the Euro declined by 70 pips or 0.54% against the Yen. However, the currency pair rebounded from a support level at 129.65 >>
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Gold remains below 1.745.00
Thu, 08 Apr 2021 10:31:19 GMT
 
As expected, the yellow metal found support in the 55-hour simple moving average, which pushed the rate into another test of the resistance zone that is located above the 1,745.00 >>
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USD/JPY ends sideways trading
Thu, 08 Apr 2021 10:24:35 GMT
 
During early hours of Thursday's trading, the USD/JPY ended trading sideways between two zones. The end of the consolidation was caused by the catching up of the 55-hour simple moving >>
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