Technical Analysis

Note: This section contains information in English only.
Wed, 16 Sep 2020 09:21:04 GMT

EUR/USD revealed ascending triangle pattern

On Tuesday, the EUR/USD currency pair revealed an ascending triangle pattern.

Wed, 16 Sep 2020 08:47:37 GMT

NZD/USD supported by 50– hour SMA

The 50– hour simple moving average has been guiding the Australian Dollar higher against the US Dollar since September 14. The currency pair breached the weekly R1 at 0.6725 on Tuesday.

Wed, 16 Sep 2020 07:55:41 GMT

USD/CAD could still edge higher

The US Dollar declined by 59 basis points or 0.45% against the Canadian Dollar on Tuesday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.

Wed, 16 Sep 2020 06:57:07 GMT

AUD/USD could trend bullish

The Australian Dollar surged by 68 basis points or 0.94% against the US Dollar on Tuesday. However, the currency pair surrendered the earlier gains by the end of Tuesday's trading session.

Wed, 16 Sep 2020 06:42:33 GMT

EUR/JPY breakout could occur

The common European currency declined by 94 basis points or 0.75% against the Japanese Yen on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 124.65 on Wednesday morning.

Tue, 15 Sep 2020 09:35:14 GMT

XAU/USD revealed rising wedge pattern

The XAU/USD exchange rate has revealed a rising wedge pattern. During Tuesday morning, the rate was testing the monthly PP at 1,969.20.

Tue, 15 Sep 2020 09:26:14 GMT

USD/JPY revealed descending channel

The USD/JPY currency pair has revealed a medium-term ascending channel. During today's morning, the pair reversed north from the lower channel line.

Tue, 15 Sep 2020 09:17:49 GMT

GBP/USD remains below weekly PP

Yesterday, the GBP/USD exchange rate increased to the 1.2900 mark. During Tuesday morning, the rate was trading at the given level.

Tue, 15 Sep 2020 09:09:08 GMT

EUR/USD touched 1.1900

On Monday, the EUR/USD currency pair raised to 1.1880. During today's morning, the pair touched the 1.1900 level.

Tue, 15 Sep 2020 08:28:54 GMT

NZD/USD could edge up

The New Zealand Dollar declined by 26 points or 0.39% against the US Dollar on Monday. However, the currency pair made a U-turn from a support cluster at 0.6689 during the Asian session on Tuesday.

Tue, 15 Sep 2020 07:50:29 GMT

USD/CAD bounces off 200– hour SMA

The US Dollar has declined by 43 points or 0.32% against the Canadian Dollar since yesterday's trading session. The exchange rate bounced off the bottom line of an ascending channel pattern on Tuesday morning.

Tue, 15 Sep 2020 06:49:37 GMT

AUD/USD bounces off support

The AUD/USD currency pair bounced off the bottom border of an ascending channel pattern on Monday. As a result, the Australian Dollar has surged by 63 points or 0.86% against the US Dollar since yesterday's trading session.

Tue, 15 Sep 2020 06:39:54 GMT

EUR/JPY two scenarios likely

The common European currency is currently trading in a narrow descending channel pattern against the Japanese Yen. The currency pair declined by 59 points or 0.47% on September 14.

Mon, 14 Sep 2020 10:05:41 GMT

XAU/USD consolidates in 1,945.00 area

During previous trading session, the XAU/USD exchange rate traded sideways in the 1,945.00 area. During Monday morning, the rate maintained its consolidation.

Mon, 14 Sep 2020 09:52:51 GMT

USD/JPY could trade downwards

On Friday, the USD/JPY currency pair tested the 106.265 level. During today's morning, the pair touched the 105.95 mark.

Mon, 14 Sep 2020 09:33:39 GMT

GBP/USD tests 55-hour SMA

At the end of last week, the GBP/USD exchange rate traded sideways near 1.2800. During Monday morning, the rate pierced the monthly S2 at 1.2835.

Mon, 14 Sep 2020 09:17:20 GMT

EUR/USD tests monthly PP

On Friday, the EUR/USD currency pair failed to exceed the monthly PP at 1.1867. During today's morning, the pair was testing the given level.

Mon, 14 Sep 2020 08:03:24 GMT

NZD/USD breaks pattern

The New Zealand Dollar has surged by 57 pips or 0.85% against the US Dollar since Friday's trading session. The currency pair breached the upper boundary of a descending channel pattern on Monday morning.

Mon, 14 Sep 2020 07:47:38 GMT

USD/CAD buying signals

The US Dollar rose by 41 pips or 0.31% against the Canadian Dollar on Friday. The currency pair breached the 1.3200 level during Friday's trading session.

Mon, 14 Sep 2020 07:00:20 GMT

AUD/USD likely to break channel

The 100– hour simple moving average guided the Australian Dollar against the US Dollar on Friday. The AUD/USD currency pair tested the 0.7300 level during Friday's trading session.

Mon, 14 Sep 2020 06:43:09 GMT

EUR/JPY buyers could prevail

The common European currency declined by 60 pips or 0.48% against the Japanese Yen on Friday. The currency pair tested the lower boundary of an ascending channel pattern.

Fri, 11 Sep 2020 10:16:10 GMT

XAU/USD tests 200-hour SMA

Yesterday, the XAU/USD exchange rate jumped to the 1,965.00 level. During Friday morning, the rate was testing the support provided by the 55-, 100– and 200-hour SMAs in the 1,940.00 area.

Fri, 11 Sep 2020 10:00:49 GMT

USD/JPY supported by moving averages

On Thursday, the USD/JPY currency pair appreciated slightly. During today's morning, the pair was testing the 106.25 mark.

Fri, 11 Sep 2020 09:48:02 GMT

GBP/USD dropped to 1.2800

Yesterday, the GBP/USD exchange rate dropped to the 1.2800 level.

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