Technical Analysis

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AUD/USD decline likely to continue
Tue, 20 Oct 2020 07:43:38 GMT
 
The Australian Dollar declined by 53 points or 0.74% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during Monday's trading session. >>
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EUR/JPY breakout occurs
Tue, 20 Oct 2020 05:58:05 GMT
 
Upside risks dominated the common European currency against the Japanese Yen on Monday. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session. >>
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XAU/USD supported by moving averages
Mon, 19 Oct 2020 09:35:19 GMT
 
During Monday morning hours, the XAU/USD exchange rate exceeded the monthly PP at 1,909.25. >>
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USD/JPY tests weekly PP
Mon, 19 Oct 2020 09:21:41 GMT
 
During Monday morning hours, the USD/JPY currency pair tested the weekly PP at 105.44. >>
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GBP/USD revealed falling wedge pattern
Mon, 19 Oct 2020 09:10:49 GMT
 
The GBP/USD exchange rate has revealed a falling wedge pattern. >>
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EUR/USD trades below 1.1740
Mon, 19 Oct 2020 09:02:35 GMT
 
Since Friday, the EUR/USD currency pair has been testing the 1.1740 level. >>
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NZD/USD breached channel pattern
Mon, 19 Oct 2020 08:02:43 GMT
 
The New Zealand Dollar rose by 28 pips or 0.42% against the US Dollar on Friday. The currency pair tested the upper line of a descending channel pattern at 0.6623 >>
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USD/CAD two scenarios likely
Mon, 19 Oct 2020 07:35:33 GMT
 
The US Dollar declined by 58 pips or 0.44% against the Canadian Dollar on Friday. The currency pair breached the 200– hour simple moving average during Friday's trading session. >>
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AUD/USD remains below 0.7100
Mon, 19 Oct 2020 06:54:29 GMT
 
The Australian Dollar consolidated against the US Dollar on Friday. The AUD/USD currency pair traded below the 0.7100 level during Friday's trading session.  >>
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EUR/JPY breakout could occur
Mon, 19 Oct 2020 06:28:46 GMT
 
The common European currency surged by 45 pips or 0.37% against the Japanese Yen on Friday. The currency pair tested the 100– hour simple moving average at 123.63 during Friday's >>
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XAU/USD tests resistance level
Fri, 16 Oct 2020 10:00:50 GMT
 
Since Thursday, the XAU/USD exchange rate has been testing the resistance level—the monthly PP at 1,909.29. >>
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USD/JPY pressured by 55– and 100-hour SMAs
Fri, 16 Oct 2020 09:50:40 GMT
 
On Thursday, the USD/JPY currency pair touched the 105.45 mark. >>
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GBP/USD trades above 1.2900
Fri, 16 Oct 2020 09:39:33 GMT
 
Yesterday, the GBP/USD exchange rate dropped to the 1.2900 level. During today's morning, the rate reversed north. >>
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EUR/USD consolidates near 1.1700
Fri, 16 Oct 2020 09:34:22 GMT
 
Since Thursday, the EUR/USD currency pair has been trying to decline below the 1.1700 level. >>
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NZD/USD two scenarios likely
Fri, 16 Oct 2020 07:39:29 GMT
 
The New Zealand Dollar declined by 76 basis points or 1.14% against the US Dollar on Thursday. The decline was stopped by the weekly support level at 0.6582 during yesterday's >>
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