Technical Analysis

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NZD/USD could continue to edge up
Mon, 30 Nov 2020 09:08:51 GMT
 
The 50– hour simple moving average has been guiding the New Zealand higher against the US Dollar since November 24. The currency pair made about 30 points move during Friday's >>
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USD/CAD decline likely to continue
Mon, 30 Nov 2020 08:23:33 GMT
 
The US Dollar declined by 50 points or 0.38% against the Canadian Dollar on Friday. The currency pair breached the 50– hour simple moving average at 1.3008 during Friday's trading >>
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AUD/USD two scenarios likely
Mon, 30 Nov 2020 07:51:22 GMT
 
The Australian Dollar edged higher by 41 points or 0.55% against the US Dollar on Friday. The currency pair was pressured higher by the 50– hour simple moving average during >>
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EUR/JPY bulls likely to prevail
Mon, 30 Nov 2020 07:29:06 GMT
 
The common European currency surged by 55 points or 0.44% against the Japanese Yen on Friday. The currency pair breached the 50– and 100– hour SMAs during Friday's trading session. >>
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Gold trades sideways
Fri, 27 Nov 2020 11:17:28 GMT
 
The yellow metal has continued to trade almost flat. However, it has started to do so in a different range, as the price has been fluctuating between 1,805.00 and 1,820.00 >>
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USD/JPY passes support levels
Fri, 27 Nov 2020 11:12:28 GMT
 
On Friday morning, the USD/JPY currency exchange rate passed the support levels near 104.20. >>
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GBP/USD breaks pattern
Fri, 27 Nov 2020 11:06:15 GMT
 
The resistance zone of 1.3380/1.3400 continued to hold on Thursday and Friday. The resistance caused a breaking of the supporting trend line and the 100-hour simple moving averages, which pushed >>
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EUR/USD is pushed by 55-hour SMA
Fri, 27 Nov 2020 10:59:08 GMT
 
The common European currency has found support in the 55-hour simple moving average, which has been pushing the pair up since the afternoon of Thursday. In the meantime, the pair >>
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NZD/USD breaks 0.7014 level
Fri, 27 Nov 2020 08:51:50 GMT
 
The New Zealand Dollar consolidated against the US Dollar below the weekly resistance level at 0.7014 on Thursday. >>
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USD/CAD could exceed 1.3040 level
Fri, 27 Nov 2020 07:54:12 GMT
 
The US Dollar surged by 33 pips or 0.26% against the Canadian Dollar on Thursday. The currency pair breached the 50– hour simple moving average during yesterday's trading session. >>
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AUD/USD bounces off support
Fri, 27 Nov 2020 07:27:28 GMT
 
The Australian Dollar traded sideways against the US Dollar on Thursday. The AUD/USD currency pair consolidated below the 0.7383 level during Thursday's trading session. >>
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EUR/JPY could edge lower
Fri, 27 Nov 2020 07:10:03 GMT
 
The Eurozone single currency declined by 54 pips or 0.43% against the Japanese Yen on Thursday. The currency pair breached the 50– hour simple moving average during yesterday's trading session. >>
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XAU/USD could increase in short run
Thu, 26 Nov 2020 10:52:52 GMT
 
Since Wednesday, the XAU/USD exchange rate has been consolidating in the 1,810.00 area. >>
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USD/JPY pressured by 55-hour SMA
Thu, 26 Nov 2020 10:46:07 GMT
 
On Wednesday, the USD/JPY currency pair depreciated gradually. During today's morning, the pair was testing the support formed by the 100– and 200-hour SMAs, as well the weekly PP near >>
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GBP/USD remains below weekly R2
Thu, 26 Nov 2020 10:37:31 GMT
 
Since Wednesday, the GBP/USD exchange rate has been testing the resistance level formed by the weekly R1 at 1.3402. >>
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