Technical Analysis

EUR/USD passes SMAs

XAU/USD declines below 1,200.00

USD/JPY faces massive resistance

GBP/USD might gain almost 100 pips

EUR/USD surges on Monday

NZD/USD stopped by support cluster

Downside risks dominated the NZD/USD currency pair on Thursday, thus allowing the pair to reach the support cluster formed by the 55–, 100-hour SMAs and the weekly S1 near 0.6587.

USD/CAD: Two scenarios likely

The USD/CAD currency pair re-tested the resistance cluster formed by a combination of the weekly R2 and the monthly R1 near 1.3200.

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

The AUD/USD exchange rate has been trading in a descending channel since the beginning of September.

EUR/JPY sets for bearish momentum

The EUR/JPY currency pair breached a short-term ascending channel and reached the monthly PP at 128.34.

XAU/USD will pass the 200-hour SMA

USD/JPY meets weekly S1 at 1.10 mark

GBP/USD will surge to 1.2970

EUR/USD passes weekly PP at 1.16

XAU/USD reaches 1,200.00

USD/JPY is between SMAs

GBP/USD jumps due to fundamentals

EUR/USD will test levels at 1.16

NZD/USD stopped by the weekly S2

Bears guided the New Zealand Dollar towards the support level formed by the weekly S2 at 0.6533.

USD/CAD tests a resistance cluster

Upside risks dominated the USD/CAD currency pair on Tuesday, thus allowing the pair to breach a medium-term descending channel.

AUD/USD targets at 0.7127

The Australian Dollar tried to breach the 55-hour SMA at 0.7195 yesterday.

EUR/JPY sets for bullish momentum

The EUR/JPY currency pair reversed from the lower boundary of a medium-term ascending channel at 128.45.

XAU/USD still moving horizontally

USD/JPY breaks a large channel

GBP/USD remains above 1.28