Technical Analysis

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Thu, 12 Nov 2020 09:39:35 GMT

NZD/USD could edge higher

New Zealand's Dollar surged by 37 basis points or 0.53% against the US Dollar on Wednesday. The currency pair tested the 0.6900 level during yesterday's trading session.

Thu, 12 Nov 2020 08:57:01 GMT

USD/CAD breaks channel

The US Dollar surged by 61 basis points or 0.47% against the Canadian Dollar on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

Thu, 12 Nov 2020 07:41:58 GMT

AUD/USD breakout occurs

The Australian Dollar fell by 52 basis points or 0.71% against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Thursday.

Thu, 12 Nov 2020 07:21:47 GMT

EUR/JPY could continue to decline

The single European currency declined by 57 basis points or 0.46% against the Japanese Yen on Wednesday. The currency pair breached the 50– hour SMA during yesterday's trading session.

Wed, 11 Nov 2020 11:49:04 GMT

XAU/USD consolidates near 1,880.00

Since Tuesday, the XAU/USD exchange rate has been trading sideways in the 1,880.00 area.

Wed, 11 Nov 2020 11:42:22 GMT

USD/JPY remains below 105.50

The USD/JPY currency pair continued to test the psychological level at 105.50.

Wed, 11 Nov 2020 11:31:40 GMT

GBP/USD tests weekly R1

Since Tuesday, the GBP/USD exchange rate has been testing the weekly R1 at 1.3270.

Wed, 11 Nov 2020 11:20:49 GMT

EUR/USD remains below 1.1850

Since Monday, the EUR/USD currency pair has been consolidating in the 1.1820 area.

Wed, 11 Nov 2020 09:41:37 GMT

NZD/USD breakout occurs

The New Zealand Dollar has surged by 86 points or 1.27% against the US Dollar since Tuesday's trading session. The exchange rate breached the upper boundary of an ascending channel pattern on Wednesday morning.

Wed, 11 Nov 2020 09:17:07 GMT

USD/CAD likely to maintain channel

The US Dollar fell by 41 points or 0.31% against the Canadian Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average at 1.3008 during yesterday's trading session.

Wed, 11 Nov 2020 08:11:52 GMT

AUD/USD traded sideways

The Australian Dollar consolidated below the 0.7300 level against the US Dollar during Tuesday's trading session. The 50– hour simple moving average provided support for the exchange rate on Tuesday.

Wed, 11 Nov 2020 07:12:42 GMT

EUR/JPY buying signals

The common European currency traded sideways against the Japanese Yen on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.

Tue, 10 Nov 2020 11:03:45 GMT

XAU/USD tumbled to 1,860.00

Yesterday, the XAU/USD exchange rate tumbled to the 1,860.00 level. During Tuesday morning, the rate reversed north.

Tue, 10 Nov 2020 10:57:41 GMT

USD/JPY skyrocketed to 105.50

On Monday, the USD/JPY currency pair skyrocketed to the psychological level at 105.50.

Tue, 10 Nov 2020 10:52:10 GMT

GBP/USD trades at 1.3250

During Tuesday morning hours, the GBP/USD exchange rate raised to the psychological level at 1.3250.

Tue, 10 Nov 2020 10:43:29 GMT

EUR/USD pressured by 55-hour SMA

On Monday, the EUR/USD currency pair reversed south from the 1.1900 level.

Tue, 10 Nov 2020 09:40:40 GMT

NZD/USD sets for breakout

The 50– hour simple moving average guided the New Zealand Dollar against the US Dollar on Monday. The currency pair tested the upper boundary of an ascending channel pattern at 0.6852 during Monday's trading session.

Tue, 10 Nov 2020 09:11:15 GMT

USD/CAD remains near 50– hour SMA

The US Dollar surged by 75 pips or 0.58% against the Canadian Dollar on Monday. The currency pair tested the 50– hour simple moving average at 1.3009 during yesterday's trading session.

Tue, 10 Nov 2020 08:18:54 GMT

AUD/USD two scenarios likely

During the first half of yesterday' trading session, the Australian Dollar surged by 77 pips or 0.98% against the US Dollar. However, the currency pair lost the earlier gains at the end of the day.

Tue, 10 Nov 2020 07:58:37 GMT

EUR/JPY could make brief pullback

The Eurozone single currency rose by 230 pips or 1.87% against the Japanese Yen on Monday. The currency pair tested the 125.00 level during yesterday's trading session.

Mon, 09 Nov 2020 11:04:41 GMT

XAU/USD tests 1,960.00 mark

Since Friday, the XAU/USD exchange rate has been testing the psychological level at 1,960.00.

Mon, 09 Nov 2020 10:44:27 GMT

USD/JPY remains above 103.20

During Monday morning hours, the USD/JPY currency pair reversed north from the 103.20 level.

Mon, 09 Nov 2020 10:33:53 GMT

GBP/USD could trade upwards

During Monday morning hours, the GBP/USD exchange rate touched the psychological level at 1.3200.

Mon, 09 Nov 2020 10:23:13 GMT

NZD/USD could edge higher

The 50– hour simple moving average guided the New Zealand Dollar against the US Dollar on Friday. The currency pair made about 35 pips move during Friday's trading session.

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