Technical Analysis

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Mon, 20 May 2019 08:46:45 GMT

NZD/USD remains near 0.6547

The New Zealand Dollar depreciated about 33 base points against the US Dollar on Friday. The currency pair tested the 0.6520 mark during Friday's trading session.

Mon, 20 May 2019 08:44:11 GMT

USD/CAD sets for breakout

The US Dollar depreciated more than 70 base points against the Canadian Dollar on Friday. The currency pair breached the 50-, 100– and 200-hour SMAs during Friday's trading session.

Mon, 20 May 2019 08:42:08 GMT

AUD/USD surges after election surprise

The Australian Dollar appreciated about 0.81% in value against the US Dollar on Monday. The surge was attributed to a surprise victory by the country's conservative government.

Mon, 20 May 2019 08:40:19 GMT

EUR/JPY two scenarios likely

The common European currency appreciated about 75 base points against the Japanese Yen on Friday. The exchange rate breached the 200-hour simple moving average at 122.84 at the end of Friday's trading session.

Fri, 17 May 2019 10:37:07 GMT

XAU/USD: two scenarios likely

Yesterday, the XAU/USD exchange rate dropped to the lower boundary of the short-term ascending channel at the 1,284.00 mark.

Fri, 17 May 2019 10:35:07 GMT

USD/JPY could trade sideways

On Thursday, the USD/JPY currency pair skyrocketed to the monthly S2 at the 109.97 mark.

Fri, 17 May 2019 10:33:36 GMT

GBP/USD likely to maintain its decline

Yesterday, the GBP/USD exchange rate traded down and surpassed the psychological level at the 1.2800 mark.

Fri, 17 May 2019 10:27:27 GMT

EUR/USD tests short-term channel

During the previous trading session, the EUR/USD currency pair surpassed the weekly S1 at 1.1184.

Fri, 17 May 2019 09:08:44 GMT

NZD/USD sell signals today

The New Zealand Dollar depreciated about 54 base points against the US Dollar on Thursday. The currency pair breached both the monthly pivot point at 0.6560 and the weekly S1 at 0.6542 during the previous session.

Fri, 17 May 2019 09:06:32 GMT

USD/CAD sets for breakout

The US Dollar appreciated about 68 base points against the Canadian Dollar on Thursday. The currency pair bounced off from the bottom border of an ascending channel pattern at the end of yesterday's trading session.

Fri, 17 May 2019 09:04:15 GMT

AUD/USD possible pullback

The 50-hour simple moving average has continued to guide the Australian Dollar lower against the US Dollar. The currency pair depreciated about 48 base points during yesterday's trading session.

Fri, 17 May 2019 08:59:13 GMT

EUR/JPY breaches significant support level

The common European currency traded above a support cluster formed by the combination of the weekly and the monthly pivot points at 122.59 during yesterday's trading session.

Thu, 16 May 2019 09:45:58 GMT

XAU/USD squeezed by 55– and 100-hour SMAs

Yesterday, the XAU/USD exchange rate traded sideways around the 55-hour moving average, currently located at the 1,297.25 mark.

Thu, 16 May 2019 09:41:58 GMT

USD/JPY likely to decline

During the previous trading session, the USD/JPY currency pair traded sideways between the weekly S1 and the Fibonacci 50.00% retracement, located 109.32 and 109.58 respectively.

Thu, 16 May 2019 09:39:18 GMT

GBP/USD could continue to decline

On Wednesday, the GBP/USD exchange rate tumbled to the support level—the weekly S2 at the 1.2843 mark.

Thu, 16 May 2019 09:37:02 GMT

EUR/USD supported by 55– and 200-hour SMAs

Yesterday, the EUR/USD currency pair tested the support level formed by the weekly S1 at 1.1184.

Thu, 16 May 2019 09:01:15 GMT

NZD/USD likely to aim for 100-hour SMA

The Decline of the New Zealand Dollar against the US Dollar continued during yesterday's trading session. The currency pair depreciated about 30 base points during Wednesday's session.

Thu, 16 May 2019 08:58:32 GMT

USD/CAD slight decline possible

The US Dollar depreciated about 63 base points against the Canadian Dollar on Wednesday. The currency pair breached the 50-, 100– and 200-hour SMAs during yesterday's trading session.

Thu, 16 May 2019 08:27:29 GMT

AUD/USD targets at 0.9568

The Australian Dollar depreciated about 41 base points against the US Dollar on Wednesday. The currency pair breached a support level formed by the weekly S2 at 0.6918 during yesterday's session.

Thu, 16 May 2019 08:23:47 GMT

EUR/JPY moving towards 122.00

During the first part of yesterday's trading session, the EUR/JPY currency pair depreciated about 90 base points. However, the single European currency regained some of its lost positions at the end of the session.

Wed, 15 May 2019 09:14:05 GMT

NZD/USD could still edge lower

The New Zealand Dollar depreciated about 25 base points against the US Dollar on Tuesday. The pair was pressure down by the 50-hour simple moving average during yesterday's trading session.

Wed, 15 May 2019 09:11:53 GMT

USD/CAD could pass significant resistance level

The US Dollar traded sideways movement against the Canadian Dollar on Tuesday. The currency pair was supported by a support cluster formed by the 50– and 100-hour SMAs at 1.3460 during Tuesday's trading session.

Wed, 15 May 2019 09:09:40 GMT

AUD/USD likely to pullback

The Australian Dollar depreciated about 33 base points against the US Dollar on Tuesday. The currency pair was pressured down by the 50-hour simple moving average during yesterday's trading session.

Wed, 15 May 2019 09:07:30 GMT

EUR/JPY pressure by 50– and 100– hour SMAs

The common European currency depreciated about 70 base points against the Japanese Yen on Tuesday. The monthly pivot point at 122.59 provided support for the exchange rate during yesterday's trading session.

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