Technical Analysis

Note: This section contains information in English only.
Tue, 01 Jun 2021 11:18:10 GMT

GBP/USD bounces off pivot point

Despite passing the resistance of the zone above the 1.4220 level, the GBP/USD did not follow up with a large surge. The rate encountered resistance in the weekly R1 simple pivot point at 1.4246 and the 1.4250 level. By the middle of Tuesday's trading, the pair had retreated to the combined support of the 200-hour SMA and the weekly simple

Tue, 01 Jun 2021 10:54:41 GMT

EUR/USD reaches above SMAs

On Monday, the EUR/USD managed to pass the resistance of the 100 and 200-hour simple moving averages near 1.2200. It was followed by a surge, which on Tuesday was testing the 1.2240 level. Note that the 1.2240 level reversed the rate's two surges. Namely, the EUR/USD bounced off the 1.2240 mark on May 19 and 21. In the case of

Tue, 01 Jun 2021 07:55:52 GMT

USD/CAD potential targets at 1.2020

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Tue, 01 Jun 2021 07:20:51 GMT

GBP/JPY bears could prevail

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Tue, 01 Jun 2021 06:46:17 GMT

AUD/USD two scenarios likely

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Tue, 01 Jun 2021 06:30:43 GMT

EUR/JPY consolidates below 134.00

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Mon, 31 May 2021 11:24:05 GMT

Gold tests resistance

On Monday, the price for gold was testing the resistance of the 1,910.00 level. This level caused a decline during the middle of the last week. If the price declines, it would most likely find support in the combination of the 55 and 100-hour simple moving averages at 1,900.00. In addition, the 1,900.00 mark could provide support on its own. In the

Mon, 31 May 2021 11:20:11 GMT

USD/JPY broke 110.00 level

On Friday, the USD/JPY broke the resistance of the 110.00 mark and touched the 110.20 level. However, a surge did not follow, as the rate declined. On Monday, the rate was located near the 109.70 level. In the case of the rate declining in the near term future, the pair could reach for the support of the weekly simple pivot point

Mon, 31 May 2021 11:08:02 GMT

GBP/USD trades below 1.4200

On Monday, the GBP/USD traded below the 1.4200 mark, which provided resistance. In the meantime, support was being provided by the 100 and 200-hour simple moving averages near 1.4160. In the case of the rate surging, it would once again test the resistance of the 1.4200 mark. A passing of this level would encounter resistance in the zone above the 1.4220

Mon, 31 May 2021 11:01:49 GMT

EUR/USD pierced support zone

The EUR/USD pierced the late May support zone above the 1.2160 level on Friday. However, almost immediately the rate returned to trading near the 1.2000 level. On Monday morning, the rate fluctuated in limbo around the round exchange rate level. In the near term future, the rate could decline, as it faced the resistance of the 100 and 200-hour simple

Mon, 31 May 2021 08:00:00 GMT

USD/CAD breakout occurs

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Mon, 31 May 2021 07:12:44 GMT

GBP/JPY remains below 156.00

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Mon, 31 May 2021 06:37:08 GMT

AUD/USD breached descending channel

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Mon, 31 May 2021 06:08:04 GMT

EUR/JPY could edge higher

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Fri, 28 May 2021 08:00:18 GMT

USD/CAD two scenarios likely

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Fri, 28 May 2021 07:34:20 GMT

GBP/JPY could make pullback

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Fri, 28 May 2021 06:57:10 GMT

AUD/USD decline likely to continue

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Fri, 28 May 2021 06:25:42 GMT

EUR/JPY tests 134.00 level

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Fri, 28 May 2021 05:15:14 GMT

XAU/USD decline to continue

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Fri, 28 May 2021 05:01:46 GMT

USD/JPY bullish momentum to continue

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Fri, 28 May 2021 04:41:07 GMT

GBP/USD breached channel pattern

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Fri, 28 May 2021 04:11:15 GMT

EUR/USD remains below SMAs

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Thu, 27 May 2021 07:40:37 GMT

USD/CAD bulls likely to prevail

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Thu, 27 May 2021 07:06:22 GMT

GBP/JPY likely to maintain channel pattern

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