Technical Analysis

Note: This section contains information in English only.
Wed, 20 Oct 2021 04:55:32 GMT

AUD/USD breaks resistance at 0.7430

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Wed, 20 Oct 2021 04:39:33 GMT

EUR/JPY bulls could prevail

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Tue, 19 Oct 2021 09:33:43 GMT

Gold recovers on Tuesday

The rate traded near the 1,765.00 mark throughout Monday. At GMT midnight to Tuesday, the price of gold started a surge. Namely, by 09:30 GMT, the bullion had already almost reached the 1,785.00 level. During the surge, the resistance of the 55, 100 and 200-hour simple moving averages was ignored. A continuation of the surge of the price for gold

Tue, 19 Oct 2021 09:09:14 GMT

USD/JPY retreats below 114.00

The rate has ended trading between the 114.00 and 114.50 levels by declining below the 114.00 mark. However, the USD/JPY almost immediately stopped at the support of the 100-hour simple moving average at 113.90. If the 100-hour simple moving average pushes the USD/JPY up, the pair could find resistance first in the 55-hour simple moving average at 114.23. Above this level,

Tue, 19 Oct 2021 08:55:07 GMT

GBP/USD surges despite breaking pattern

The GBP/USD passed the support of the channel up pattern. However, as the rate approached the 55-hour simple moving average and the 1.3710 level, a recovery began. By the start of Tuesday's European trading hours, the pair had almost reached the 1.3800 mark. If the rate finds resistance at the 1.3800 mark, it could either trade sideways below it or decline.

Tue, 19 Oct 2021 08:39:40 GMT

EUR/USD breaks resistance levels

The 200-hour simple moving average's support held, and the EUR/USD began a surge. The surge managed to break the resistance of the high level zone near 1.1620 and the weekly R1 simple pivot point at 1.1644. During the early hours of Tuesday's trading, the rate had reached the 1.1660 level. A potential continuation of the surge would most likely face

Tue, 19 Oct 2021 05:54:51 GMT

USD/CAD decline likely to continue

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Tue, 19 Oct 2021 05:04:58 GMT

GBP/JPY could still edge higher

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Tue, 19 Oct 2021 04:54:42 GMT

AUD/USD breakout could occur

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Tue, 19 Oct 2021 04:36:40 GMT

EUR/JPY potential target at 134.00

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Mon, 18 Oct 2021 08:25:49 GMT

Gold passes support levels

On Monday morning, the slowed down decline of the yellow metal's price reached below the support of the 200-hour simple moving average. The SMA had kept the pair up together with the 1,765.00 mark since early Friday's trading hours. If the metal's price declines, it could reach the support of the October low level zone of 1,745.00/1,751.00. However, a recovery

Mon, 18 Oct 2021 08:13:58 GMT

USD/JPY trades between round levels

Since the middle of Friday's GMT trading hours, the USD/JPY has fluctuated between the 114.00 and 114.50 levels. On Monday morning, the pair was being approached by the 55-hour simple moving average. If the 55-hour SMA provides the USD/JPY with support, a surge could begin. A surge might aim at the resistance of the 115.00 level before reaching the weekly R1

Mon, 18 Oct 2021 08:00:18 GMT

GBP/USD tests pattern's support

The GBP/USD rate retreated on Monday morning to the support of the lower trend line of a channel up pattern, which has guided the pair since October 12. Future forecasts were based upon whether or not the support holds. In the case of a passing of the support of the channel up pattern, the GBP/USD might find support in the 55-hour

Mon, 18 Oct 2021 07:20:03 GMT

EUR/USD looks for support

On Monday morning, the EUR/USD appeared to be looking for support, as it found short term support in the weekly simple pivot point at 1.1584 and the 200-hour simple moving average at 1.1571. Near term forecasts were based upon whether or not the support levels hold. In the case of a decline, the pair could reach first for the weekly

Mon, 18 Oct 2021 05:26:10 GMT

USD/CAD could target 1.2440

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Mon, 18 Oct 2021 05:06:54 GMT

GBP/JPY tests 157.40 level

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Mon, 18 Oct 2021 04:40:29 GMT

AUD/USD breached 50– hour SMA

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Mon, 18 Oct 2021 04:17:37 GMT

EUR/JPY bulls could prevail

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Fri, 15 Oct 2021 04:39:06 GMT

USD/CAD potential target at 1.2300

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Fri, 15 Oct 2021 04:27:18 GMT

GBP/JPY breakout could occur

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Fri, 15 Oct 2021 04:13:02 GMT

AUD/USD two scenarios likely

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Fri, 15 Oct 2021 04:00:58 GMT

EUR/JPY likely to maintain channel

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Thu, 14 Oct 2021 05:41:26 GMT

USD/CAD decline likely to continue

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Thu, 14 Oct 2021 04:54:56 GMT

GBP/JPY bulls could prevail

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