Technical Analysis

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GBP/USD likely to decline
Mon, 02 Nov 2020 10:22:29 GMT
 
The GBP/USD exchange rate could continue to trade downwards within the short-term descending channel. >>
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EUR/USD could go downwards
Mon, 02 Nov 2020 10:07:47 GMT
 
At the end of last week, the EUR/USD currency pair declined to the 1.1640 level. >>
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NZD/USD could continue to decline
Mon, 02 Nov 2020 08:20:38 GMT
 
The New Zealand Dollar declined by 72 points or 1.08% against the US Dollar on Friday. The currency pair reversed from the upper line of a descending channel pattern during >>
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USD/CAD likely to maintain channel
Mon, 02 Nov 2020 07:51:51 GMT
 
The US Dollar declined by 33 points or 0.24% against the Canadian Dollar on Friday. The currency pair breached the 50– hour simple moving average support line at 1.3318 during >>
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AUD/USD bears could prevail
Mon, 02 Nov 2020 07:17:13 GMT
 
The Australian Dollar declined by 54 points or 0.76% against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour SMA during Friday's trading session. >>
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EUR/JPY decline likely to continue
Mon, 02 Nov 2020 07:05:40 GMT
 
The common European currency declined by 56 points or 0.46% against the Japanese Yen on Friday. The 50– hour simple moving average provided resistance for the currency pair during the >>
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XAU/USD could trade downwards
Fri, 30 Oct 2020 10:48:12 GMT
 
On Thursday, the XAU/USD exchange rate declined to the 1,865.00 mark. >>
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USD/JPY trades at 104.40
Fri, 30 Oct 2020 10:32:00 GMT
 
Yesterday, the USD/JPY currency pair touched the 104.70 level. During Friday morning hours, the pair re-tested the support level formed by the weekly and monthly S1s at 104.13. >>
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GBP/USD revealed descending channel
Fri, 30 Oct 2020 10:18:50 GMT
 
The USD/GBP exchange rate has revealed a short-term descending channel. >>
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EUR/USD could go downwards
Fri, 30 Oct 2020 10:12:24 GMT
 
On Thursday, the EUR/USD currency pair declined to the 1.1660 level. >>
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NZD/USD two scenarios likely
Fri, 30 Oct 2020 09:06:59 GMT
 
The NZD/USD currency pair is currently trading in a narrow descending channel pattern. The New Zealand Dollar declined by 65 pips or 0.98% against the US Dollar during yesterday's trading >>
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USD/CAD buying signals
Fri, 30 Oct 2020 08:46:06 GMT
 
The 50– hour simple moving average guided the US Dollar against the Canadian Dollar on Thursday. The currency pair made about 74 pips move during Thursday's trading session. >>
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AUD/USD likely to maintain channel
Fri, 30 Oct 2020 07:37:32 GMT
 
The Australian Dollar declined by approximately 60 pips or 0.80% against the US Dollar on Thursday. The currency pair tested the 0.7000 level during yesterday's trading session. >>
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EUR/JPY selling signals
Fri, 30 Oct 2020 07:14:16 GMT
 
Downside risks have continued to dominate the Eurozone currency against the Japanese Yen. The currency pair declined by 88 pips or 0.72% during Thursday's trading session. >>
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XAU/USD dropped to 1,870.00
Thu, 29 Oct 2020 10:56:18 GMT
 
On Wednesday, the XAU/USD exchange rate breached the short-term descending channel south and dropped to the 1,870.00 mark. >>
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