Technical Analysis

Note: This section contains information in English only.
Tue, 26 May 2020 07:21:25 GMT

AUD/USD buying bias

The Australian Dollar has surged by 62 basis points or 0.94% against the US Dollar since yesterday's trading session. The currency pair was pressured higher by the 50– hour simple moving average.

Tue, 26 May 2020 06:56:39 GMT

EUR/JPY bullish momentum today

The single European currency has surged by 80 basis points or 0.69% against the Japanese Yen since Monday's trading session. The currency pair breached the 50– and 100– hour SMAs on Tuesday morning.

Mon, 25 May 2020 09:21:51 GMT

XAU/USD pressured by moving averages

On Friday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,737.00. During today's morning, the rate pierced the lower line of the rising wedge pattern.

Mon, 25 May 2020 09:14:54 GMT

USD/JPY supported by 55– and 100-hour SMAs

During the previous trading session, the USD/JPY currency pair touched the 200-hour SMA at 107.40. During Monday morning, the pair was trading at 107.75.

Mon, 25 May 2020 09:06:49 GMT

GBP/USD consolidated at 1.2180

At the end of last week, the GBP/USD exchange rate consolidated at 1.2180. During Monday morning, the rate maintained its consolidation.

Mon, 25 May 2020 09:00:02 GMT

EUR/USD pressured by 55– and 100-hour SMAs

On Friday, the EUR/USD currency pair declined to the support level—the Fibo 23.60% and the 200-hour SMA at 1.0886. During today's morning, the pair pierced the given support.

Mon, 25 May 2020 08:23:15 GMT

NZD/USD breakout occurs

The New Zealand Dollar has declined by 39 pips or 0.64% against the US Dollar since Friday's trading session. The currency pair breached the lower boundary of an ascending channel pattern on Monday morning.

Mon, 25 May 2020 07:54:01 GMT

USD/CAD could decline today

The US Dollar surged by 94 pips or 0.67% against the Canadian Dollar on Friday. The currency pair tested the monthly pivot point at 1.4030 during Friday's trading session.

Mon, 25 May 2020 07:38:18 GMT

AUD/USD breaks channel pattern

The Australian Dollar declined by 56 pips or 0.85% against the US Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern at 0.6515 during Friday's trading session.

Mon, 25 May 2020 07:16:29 GMT

EUR/JPY moving towards 116.50

The common European currency declined by 85 pips or 0.72% against the Japanese Yen on Friday. The currency pair breached the weekly and the monthly PPs at 117.25 during Friday's trading session.

Fri, 22 May 2020 09:37:05 GMT

XAU/USD tests resistance

Yesterday, the XAU/USD exchange rate reversed north from the lower boundary of the rising wedge pattern. During Friday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,740.00.

Fri, 22 May 2020 09:29:49 GMT

USD/JPY breach rising wedge pattern

On Thursday, the USD/JPY currency pair tested the lower line of the falling wedge pattern. During today's morning, the pair breached the given pattern south.

Fri, 22 May 2020 09:22:12 GMT

GBP/USD pressured by moving averages

Yesterday, the GBP/USD exchange rate tested the resistance formed by the 55– and 200-hour SMAs near 1.2240. During Friday morning, the rate declined to the 1.2180.

Fri, 22 May 2020 09:11:47 GMT

EUR/USD declined below 1.0920

On Thursday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R3 at 1.1008. During today's morning, the pair declined below 1.0920.

Fri, 22 May 2020 09:03:48 GMT

NZD/USD could edge lower

The New Zealand Dollar has declined by 50 basis points or 0.82% against the US Dollar on since Thursday's trading session. The 50– hour SMA pressured the currency pair lower.

Fri, 22 May 2020 08:45:12 GMT

USD/CAD bullish run likely to continue

The US Dollar has surged by 135 basis points or 0.97% against the Canadian Dollar since yesterday's trading session. The currency pair tested the upper boundary of a descending channel pattern at 1.4020 on Friday morning.

Fri, 22 May 2020 08:32:07 GMT

AUD/USD breakout occurs

The Australian Dollar has declined by 80 basis points or 1.22% against the US Dollar since Thursday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Thursday.

Fri, 22 May 2020 07:30:27 GMT

EUR/JPY decline to continue

The common European currency has declined by 116 pips or 0.98% against the Japanese Yen since yesterday's trading session. The currency pair reversed from the upper boundary of an ascending channel pattern at 118.50 on Thursday.

Thu, 21 May 2020 09:38:52 GMT

XAU/USD could re-test rising wedge pattern

On Wednesday, the XAU/USD exchange rate consolidated at 1,750.00. During today's morning, the rate declined below 1,740.00.

Thu, 21 May 2020 09:25:35 GMT

USD/JPY could trade upwards

Yesterday, the USD/JPY currency pair re-tested the lower boundary of the rising wedge pattern. During Thursday morning, the pair was trading at 107.80.

Thu, 21 May 2020 09:18:43 GMT

GBP/USD pressured by 55– and 200-hour SMAs

Yesterday, the GBP/USD exchange rate consolidated in the 1.2250 area. During Thursday morning, the rate re-tested the support level—the Fibo 38.20% at 1.2190.

Thu, 21 May 2020 09:10:34 GMT

EUR/USD reached 1.0980

On Wednesday, the EUR/USD currency pair broke the falling wedge pattern north. During today's morning, the pair was trading near 1.0980.

Thu, 21 May 2020 08:34:04 GMT

NZD/USD breakout occurrs

The New Zealand Dollar surged by 69 pips or 1.13% against the US Dollar on Wednesday. The currency pair bounced off the weekly R1 at 0.6082 during Wednesday's trading session.

Thu, 21 May 2020 08:09:05 GMT

USD/CAD targets at 1.4008

The US Dollar declined by 68 pips or 0.49% against the Canadian Dollar on Wednesday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.

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