Technical Analysis

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Fri, 14 Aug 2020 06:44:06 GMT

EUR/JPY could make pullback

The 50– hour simple moving average guided the single Eurozone currency against the Japanese Yen on Thursday. The currency pair made about 73 points or 0.58% during yesterday's trading session.

Thu, 13 Aug 2020 10:12:58 GMT

XAU/USD consolidates at 1,930.00 area

Yesterday, the XAU/USD exchange rate consolidated around the 1,930.00 level. During Thursday morning, the rate maintained its consolidation.

Thu, 13 Aug 2020 10:00:51 GMT

USD/JPY supported by 55-hour SMA

On Wednesday, the USD/JPY currency pair tried to exceed the Fibo 38.20% at 106.86. During today's morning, the pair was trading neat the given level.

Thu, 13 Aug 2020 09:47:37 GMT

GBP/USD could go upwards

Yesterday, the GBP/USD exchange rate reversed north from the lower line of the medium-term ascending channel. During Thursday morning, the rate was trading at 1.3090.

Thu, 13 Aug 2020 09:25:03 GMT

EUR/USD trades at 1.1830

On Wednesday, the EUR/USD currency pair raised to the 1.1820 level. During today's morning, the pair was trading at 1.1830.

Thu, 13 Aug 2020 08:40:17 GMT

NZD/USD could edge higher

The New Zealand Dollar surged by 54 pips or 0.82% against the US Dollar on Wednesday. The currency pair tested the monthly pivot point at 0.6594 during yesterday's trading session.

Thu, 13 Aug 2020 08:03:38 GMT

USD/CAD selling signals

The US Dollar plunged by 111 pips or 0.83% against the Canadian Dollar on Wednesday. The currency pair breached the weekly support level at 1.3259 during Wednesday's trading session.

Thu, 13 Aug 2020 07:16:07 GMT

AUD/USD two scenarios likely

The AUD/USD currency pair bounced off the lower boundary of an ascending channel pattern on Wednesday. The exchange rate surged by 58 pips or 0.82% during Wednesday's trading session.

Thu, 13 Aug 2020 06:44:58 GMT

EUR/JPY bulls could prevail

The common European currency jumped by 122 pips or 0.98% against the Japanese Yen on Wednesday. The currency pair breached the weekly resistance level at 125.60 during yesterday's trading session.

Wed, 12 Aug 2020 09:24:17 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate continued to depreciate actively. During Wednesday morning, the rate reversed north from the 1,880.00 level.

Wed, 12 Aug 2020 09:14:40 GMT

USD/JPY tests Fibo 38.20%

On Tuesday, the USD/JPY currency pair jumped to the 106.60 level. During today's morning, the pair was testing the Fibo 38.20% at 106.86.

Wed, 12 Aug 2020 09:07:13 GMT

GBP/USD revealed ascending channel

Yesterday, the GBP/USD exchange rate revealed a medium-term ascending channel. During Wednesday morning, the rate reversed north from the lower channel line.

Wed, 12 Aug 2020 08:56:01 GMT

EUR/USD once again tests 1.1800

On Tuesday, the EUR/USD currency pair tested the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 1.1800 area. Afterwards, it retreated to find support in the area near 1.1720. It resulted in a surge, which by the middle of Wednesday was heading back to the 1.1800 level.

Wed, 12 Aug 2020 08:43:08 GMT

NZD/USD could break support

The New Zealand Dollar declined by 62 basis points or 0.93% against the US Dollar on Tuesday. The currency pair tested the lower boundary of a descending channel pattern on Wednesday morning.

Wed, 12 Aug 2020 08:05:42 GMT

USD/CAD remains near 1.3347

The US Dollar declined by 86 basis points or 0.64% against the Canadian Dollar on Tuesday. The currency pair tested the monthly support line at 1.3278 during Tuesday's session.

Wed, 12 Aug 2020 07:23:03 GMT

AUD/USD breakout could occur

The Australian Dollar declined by 53 basis points or 0.74% against the US Dollar on Tuesday. The currency pair breached the 50– and 100– hour SMAs during Tuesday's trading session.

Wed, 12 Aug 2020 07:10:34 GMT

EUR/JPY buying signals

The single European currency soared against the Japanese Yen on Tuesday. The EUR/JPY currency pair edged higher by 103 basis points or 0.83% during yesterday's trading session.

Tue, 11 Aug 2020 10:08:18 GMT

XAU/USD declined below 2,000.00

Yesterday, the XAU/USD exchange rate reversed south from the 55-hour SMA near 2,050.00. During Tuesday morning, the rate declined below 2,000.00.

Tue, 11 Aug 2020 09:55:54 GMT

USD/JPY exceeded monthly PP

On Monday, the USD/JPY currency pair surpassed the monthly PP at 106.09. During today's morning, the pair was trading near the given level.

Tue, 11 Aug 2020 09:38:28 GMT

GBP/USD tests 100-hour SMA

Yesterday, the GBP/USD exchange rate tested the 100-hour SMA near 1.3100. During Tuesday morning, the rate continued to test the given resistance.

Tue, 11 Aug 2020 09:26:52 GMT

EUR/USD remains below 1.1800

On Monday, the EUR/USD currency pair declined to the 1.1720 level. During today's morning, the pair reversed north.

Tue, 11 Aug 2020 08:49:33 GMT

NZD/USD two scenarios likely

The New Zealand Dollar has surged by 45 points or 0.68% against the US Dollar since Monday's trading session. The currency pair tested the weekly resistance level at 0.6620 on Tuesday morning.

Tue, 11 Aug 2020 08:01:55 GMT

USD/CAD tests 100– hour SMA

The US Dollar declined by 56 points or 0.42% against the Canadian Dollar on Monday. The USD/CAD currency pair breached a support cluster formed by the 50– and 200– hour SMAs and the weekly pivot point at 1.3355 during Monday's trading session.

Tue, 11 Aug 2020 07:18:19 GMT

AUD/USD remains below 0.7200

The Australian Dollar traded below the 0.7200 level against the US Dollar on Monday. The 100– hour simple moving average provided resistance for the currency pair during yesterday's trading session.

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