- Tue, 08 Dec 2020 10:38:12 GMT
GBP/USD might decline
PositionsTodayYesterdayChange Longs31%32%-2.3% Shorts69%68%1.0% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇗ [ANNOUNCE] Yesterday, the GBP/USD exchange rate dropped to the 1.3250 level and reversed north. [/ANNOUNCE] It is likely that some downside potential could prevail in the market as the currency pair is pressured by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3380/1.3425 range.
- Tue, 08 Dec 2020 10:26:15 GMT
EUR/USD could go downwards
PositionsTodayYesterdayChange Longs38%39%-3.7% Shorts62%61%2.3% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] On Monday, the EUR/USD currency pair failed to exceed the 1.2160 level. [/ANNOUNCE] It is likely that the exchange rate could be pushed down by the 55– and 100-hour moving averages near 1.2125. In this case the rate could gain support from the weekly PP at 1.2075. If the given
- Tue, 08 Dec 2020 09:44:15 GMT
NZD/USD breakout likely to occur
PositionsTodayYesterdayChange Longs30%26%11.2% Shorts70%74%-4.7% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇒ [ANNOUNCE]The New Zealand Dollar surged by 49 basis points or 0.69% against the US Dollar on Monday. The currency pair tested the upper line of a descending channel pattern at 0.7060 during yesterday's trading session.[/ANNOUNCE]Currently, the exchange rate is trading near the upper line of a descending channel pattern and
- Tue, 08 Dec 2020 09:20:39 GMT
USD/CAD sell signals
PositionsTodayYesterdayChange Longs73%73%-0.8% Shorts27%27%2.1% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyNeutral Stochastic(5;3;3)BuyBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇒⇘ [ANNOUNCE]The US Dollar edged higher by 48 basis points or 0.37% against the Canadian Dollar on Monday. The surge was stopped by the 50– hour simple moving average during yesterday's trading session.[/ANNOUNCE]Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could
- Tue, 08 Dec 2020 08:13:23 GMT
AUD/USD bulls likely to prevail
PositionsTodayYesterdayChange Longs32%27%16.2% Shorts68%73%-7.6% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]During the first past of Monday's trading session, the Australian Dollar declined by 62 basis points or 0.84% against the US Dollar. However, the currency pair recovered the lost points at the end of the session.[/ANNOUNCE]All things being equal, the exchange rate is likely to edge up in an ascending
- Tue, 08 Dec 2020 07:38:42 GMT
EUR/JPY could edge lower
PositionsTodayYesterdayChange Longs39%42%-7.4% Shorts61%58%4.8% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The common European currency declined by 53 basis points or 0.42% against the Japanese Yen on Monday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.[/ANNOUNCE]As for the near future, the EUR/JPY pair could continue to edge lower. The exchange rate is likely to
- Mon, 07 Dec 2020 11:14:40 GMT
XAU/USD consolidates near 1,840.00
PositionsTodayYesterdayChange Longs66%66%0.4% Shorts34%34%-0.7% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE] Since Thursday, the XAU/USD exchange rate has been trading sideways near 1,840.00. [/ANNOUNCE] It is likely that yellow metal could gain support from the 100– and 200-hour SMAs in the 1,813.00/1,827.00 range. Thus, some upside potential could prevail in the market, and the price for gold could target the Fibo 23.60%
- Mon, 07 Dec 2020 11:05:27 GMT
USD/JPY could trade upwards
PositionsTodayYesterdayChange Longs67%61%8.2% Shorts33%39%-16.4% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE] Since Friday, the USD/JPY currency pair has been trading upwards. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 104.10/104.20 range. Thus, some upside potential could prevail in the market in the short term. However,
- Mon, 07 Dec 2020 10:54:25 GMT
GBP/USD trades near 1.3250
PositionsTodayYesterdayChange Longs32%31%1.1% Shorts68%69%-0.5% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] During Monday morning hours, the GBP/USD exchange rate dropped to 1.3250 on possible EU-UK trade talks withdrawal. [/ANNOUNCE] On the one hand, it is likely that the currency pair could reverse north in the nearest future. In this case the pair could target the resistance area formed by the 55-,
- Mon, 07 Dec 2020 10:42:46 GMT
EUR/USD could go downwards
PositionsTodayYesterdayChange Longs39%39%1.7% Shorts61%61%-1.1% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇒ [ANNOUNCE] During Friday, the EUR/USD currency pair reversed south from the 1.2177 mark. [/ANNOUNCE] It is likely that the exchange rate could gain support from the weekly PP at 1.2075 and trade upwards in the short term. Note that the nearest resistance level—the weekly R1, is located at 1.2226. Meanwhile, note
- Mon, 07 Dec 2020 09:05:51 GMT
NZD/USD breakout occurs
PositionsTodayYesterdayChange Longs26%30%-13.6% Shorts74%70%4.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇒ [ANNOUNCE]The New Zealand Dollar declined by 39 points or 0.55% against the US Dollar on Friday. A breakout occurred through the lower boundary of an ascending channel pattern during the London open on Monday.[/ANNOUNCE]Given that a breakout has occurred, the NZD/USD exchange rate could continue to decline during the following
- Mon, 07 Dec 2020 08:16:15 GMT
USD/CAD decline likely to continue
PositionsTodayYesterdayChange Longs73%72%1.7% Shorts27%28%-4.7% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyNeutral Stochastic(5;3;3)BuyBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇒⇘ [ANNOUNCE]The US Dollar declined by 93 points or 0.73% against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a descending channel pattern during Friday's trading session.[/ANNOUNCE]Currently, the exchange rate is trading near the bottom border of the channel pattern at 1.2788 and could be set
- Mon, 07 Dec 2020 07:56:06 GMT
AUD/USD could decline
PositionsTodayYesterdayChange Longs27%26%1.2% Shorts73%74%-0.4% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The Australian Dollar declined by 26 points or 0.35% against the US Dollar on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.[/ANNOUNCE]Most likely, the exchange rate could continue to edge lower during the following trading session. Bears might pressure the AUD/USD pair
- Mon, 07 Dec 2020 07:25:32 GMT
EUR/JPY likely to slide lower
PositionsTodayYesterdayChange Longs42%46%-9.8% Shorts58%54%7.2% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The single European currency declined by 45 points or 0.36% against the Japanese Yen on Friday. The currency pair breached the 50– hour simple moving average during Friday's trading session.[/ANNOUNCE]All things being equal, the exchange rate could slide lower during the following trading session. The possible target for bearish
- Fri, 04 Dec 2020 10:53:23 GMT
XAU/USD tests 1,845.00
PositionsTodayYesterdayChange Longs66%66%-1.0% Shorts34%34%1.9% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)BuySellSell Aggregate⇗⇓⇒ [ANNOUNCE] Since Thursday, the XAU/USD exchange rate has been testing the 1,845.00 level. [/ANNOUNCE] It is likely that yellow metal could gain support from the 55-hour moving average near 1,832.00 and extend gains against the US Dollar in the short term. Note that the rate could face the resistance level—the Fibo 23.60% at
- Fri, 04 Dec 2020 10:47:09 GMT
USD/JPY might reverse south
PositionsTodayYesterdayChange Longs61%69%-13.0% Shorts39%31%20.6% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] On Thursday, the USD/JPY currency pair dropped to the 103.80 level. During today's morning, the pair reversed north. [/ANNOUNCE] It is likely that the exchange rate could face the resistance formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 104.20 area. Thus, a reversal south
- Fri, 04 Dec 2020 10:40:34 GMT
GBP/USD could go upwards
PositionsTodayYesterdayChange Longs31%34%-7.7% Shorts69%66%3.5% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] Yesterday, the GBP/USD exchange rate raised to the psychological level at 1.3500. [/ANNOUNCE] It is likely that the currency pair could gain support from the 55-, 100– and 200-hour SMAs in the 1.3370/1.3410 range and trade upwards in the short term. In the meantime, note that the pair could
- Fri, 04 Dec 2020 10:32:38 GMT
EUR/USD tests 1.2170 mark
PositionsTodayYesterdayChange Longs39%38%3.0% Shorts61%62%-1.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellSell Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE] Since the second half of Thursday, the EUR/USD currency pair has been testing the 1.2170 mark. [/ANNOUNCE] If the predetermined level holds, it is likely that a reversal south could occur, and the exchange rate could decline to the support area formed by the weekly R1 and R2, as well the
- Fri, 04 Dec 2020 09:42:17 GMT
NZD/USD likely to maintain channel
PositionsTodayYesterdayChange Longs30%27%9.9% Shorts70%73%-4.2% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE]The New Zealand Dollar surged by 50 basis points or 0.71% against the US Dollar on Thursday. The currency pair tested the upper boundary of an ascending channel pattern at 0.7103 during Thursday's trading session.[/ANNOUNCE]All things being equal, the NZD/USD pair is likely to continue to maintain the ascending channel
- Fri, 04 Dec 2020 08:55:57 GMT
USD/CAD breakout occurs
PositionsTodayYesterdayChange Longs72%71%1.3% Shorts28%29%-3.3% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)NeutralBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇘ [ANNOUNCE]The US Dollar declined by 82 basis points or 0.64% against the Canadian Dollar on Thursday. A breakout occurred through the lower boundary of a descending channel pattern during yesterday's trading session.[/ANNOUNCE]Given that a breakout has occurred, bearish traders are likely to continue to pressure the exchange rate lower within
- Fri, 04 Dec 2020 07:57:04 GMT
AUD/USD bulls likely to prevail
PositionsTodayYesterdayChange Longs26%25%4.2% Shorts74%75%-1.5% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇗ [ANNOUNCE]The Australian Dollar rose by 49 basis points or 0.66% against the US Dollar on Thursday. The currency pair breached the weekly resistance level at 0.7493 during Thursday's trading session.[/ANNOUNCE]By and large, the exchange rate is likely to continue to edge higher during the following trading session. The potential target
- Fri, 04 Dec 2020 07:23:32 GMT
EUR/JPY could edge lower
PositionsTodayYesterdayChange Longs46%44%5.4% Shorts54%56%-4.7% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The common European currency declined by 60 pips or 0.47% against the Japanese Yen on Thursday. The currency pair breached the 50– hour SMA during yesterday's trading session.[/ANNOUNCE]Most likely, the exchange rate could continue to edge lower during the following trading session. The possible target for bears would be
- Thu, 03 Dec 2020 11:26:32 GMT
XAU/USD trades at 1,840.00
PositionsTodayYesterdayChange Longs66%63%4.5% Shorts34%37%-8.8% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)BuySellSell Aggregate⇒⇓⇒ [ANNOUNCE] Yesterday, the XAU/USD exchange rate could continue to trade upwards. The rate reached the 1,840.00 mark. [/ANNOUNCE] From the one hand, it is likely that some upside potential could prevail in the market. In this case the price for gold could face the resistance level formed by the Fibo 23.60% at
- Thu, 03 Dec 2020 11:19:33 GMT
USD/JPY pressured by 55-hour SMA
PositionsTodayYesterdayChange Longs69%64%7.9% Shorts31%36%-17.9% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇘⇘ [ANNOUNCE] On Wednesday, the USD/JPY currency pair reversed south from the resistance level—the weekly R1 at 104.72. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 100– and 200-hour SMAs, as well the weekly PP in the 104.25 area. Thus, some upside potential could prevail in the market,