Technical Analysis

USD/JPY breaks large channel

GBP/USD trades at 1.3020

EUR/USD most likely going down

NZD/USD supported by weekly and monthly S1

The New Zealand Dollar consolidated against the US Dollar near 0.6520/40.

USD/CAD tests 55– and 100-hour SMAs

The USD/CAD currency pair re-tested the monthly R1 at the 1.3185 mark.

AUD/USD reverses from junior channel

The AUD/USD currency pair consolidated near the psychological mark at 0.7120 yesterday.

EUR/JPY meets support cluster

The Japanese Yen depreciated 0.42% since Monday's trading session. The EUR/JPY exchange rate reached the Fibonacci 23.60% retracement at 129.67.

XAU/USD trades at 1.200.00

USD/JPY fits back into a pattern

GBP/USD gains forecast 100 pips

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