Technical Analysis

Note: This section contains information in English only.
Tue, 31 Aug 2021 05:55:40 GMT

EUR/JPY breaks resistance level

The common European currency rose by 26 pips or 0.20% against the Japanese Yen on Monday. The currency pair breached the resistance line at 129.65 during Monday's trading session.

Mon, 30 Aug 2021 11:17:57 GMT

Gold reaches 1,820.00 level

On Friday, the price for gold jumped, as it passed the 1,800.00 level and other round price levels. The surge ended when the price made an attempt to pass the resistance of the 1,820.00 mark. After shortly trading above the 1,820.00 level, the rate retreated to trade below it. A potential surge above the 1,820.00 level could reach for the August

Mon, 30 Aug 2021 11:10:58 GMT

USD/JPY declines below SMAs

After making attempts to pass the August high levels near 110.20, the USD/JPY currency exchange rate retreated on Friday. On Monday, the rate traded below the resistance of three hourly simple moving average and the weekly simple pivot point at 109.86. In the case that the 55 and 100-hourly simple moving averages decline, the USD could lose value against the Japanese

Mon, 30 Aug 2021 10:16:50 GMT

GBP/USD tests monthly high level

On Monday morning, the GBP/USD currency exchange rate was testing the resistance of the August high level and the 1.3780 mark. In the meantime, the most close by technical support levels were located near the 1.3735 level. If the pair passes the resistance of the August high levels and the 1.3780 level, the 1.3800 could provide resistance. Above the 1.3800 mark,

Mon, 30 Aug 2021 10:05:33 GMT

EUR/USD pierces August high level

On Monday morning, the EUR/USD currency exchange rate pierced the August high level near the 1.1800 mark. However, by the middle of the day's European trading the event was not followed up by a surge. In the case of a surge, the rate could reach for the resistance of the weekly R1 simple pivot point at 1.1837 and the weekly

Mon, 30 Aug 2021 06:38:32 GMT

USD/CAD decline could continue

On Friday, the US Dollar declined by 92 pips or 0.72% against the Canadian Dollar.

Mon, 30 Aug 2021 06:36:50 GMT

GBP/JPY could edge higher

The GBP/JPY currency pair bounced off a support level formed by the 200– hour simple moving average at 150.57 on Friday.

Mon, 30 Aug 2021 06:14:53 GMT

AUD/USD breaks resistance at 0.7280

On Friday, the Australian Dollar edged higher by 90 pips or 1.25% against the US Dollar. The currency pair breached the resistance level at 0.7279 during Friday's trading session.

Mon, 30 Aug 2021 06:05:25 GMT

EUR/JPY remains below 129.65

On Friday, the common European currency surged by 42 pips or 0.32% against the Japanese Yen.

Fri, 27 Aug 2021 05:27:05 GMT

XAU/USD bulls could prevail

On Thursday, the yellow metal's price rose by 110 pips or 0.62%. The commodity breached the 55– and 100– hour simple moving averages during Thursday's trading session.

Fri, 27 Aug 2021 05:08:51 GMT

USD/JPY two scenarios likely

The USD/JPY currency pair failed to break the resistance level at 110.20 on Thursday.

Fri, 27 Aug 2021 04:56:21 GMT

GBP/USD breakout occurs

On Thursday, the British Pound fell by 66 pips or 0.48% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session.

Fri, 27 Aug 2021 04:31:19 GMT

EUR/USD tests 100– hour SMA

On Thursday, the common European currency fell by 30 pips or 0.25% against the US Dollar. The decline was stopped by the 100– hour simple moving average during Thursday's trading session.

Thu, 26 Aug 2021 05:05:11 GMT

XAU/USD decline likely to continue

On August 25, the XAU/USD exchange rate fell by 121 pips or 0.67%. The decline was stopped by the 200– hour simple moving average during Wednesday's trading session.

Thu, 26 Aug 2021 04:43:16 GMT

USD/JPY potential target at 110.32

On August 25, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. The currency pair reversed from a support line at 109.71 during Wednesday's trading session.

Thu, 26 Aug 2021 04:32:00 GMT

GBP/USD two scenarios likely

On Wednesday, the British Pound surged by 62 pips or 0.46% against the US Dollar. The currency pair breached the weekly resistance line at 1.3750 during Wednesday's trading session.

Thu, 26 Aug 2021 04:30:30 GMT

EUR/USD bounces off support

On Wednesday, the EUR/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.1729.

Wed, 25 Aug 2021 09:01:52 GMT

Gold retreats below 1,800.00

After encountering resistance at the 1,810.00 level, the price for gold began a decline. On Wednesday, the decline had reached the 1,792.40/1,795.60 support zone. Since reaching the zone, the commodity price has been trading sideways in it. In the case of a recovery, the price for gold would most likely make another attempt at passing the 1,810.00 level before aiming at

Wed, 25 Aug 2021 08:50:08 GMT

USD/JPY continues to ignore SMAs

The USD/JPY dipped to the 109.42 level on Tuesday. With it, the pair confirmed that there is a support zone in the 109.42/109.49 zone. Meanwhile, the recent August high levels have been marked to reveal a resistance zone at 110.15/110.23. In addition, the currency exchange rate continues to ignore the 55, 100 and 200-hour simple moving averages and the weekly simple

Wed, 25 Aug 2021 08:34:00 GMT

GBP/USD continues sideways trading

Since the middle of Monday's trading, the GBP/USD has continued to trade between the 1.3700 and 1.3750 levels. On Wednesday morning, the rate was approached by the support of the 55-hour simple moving average near 1.3710 and the 200-hour simple moving average at 1.3740. A breaking of the resistance of the 1.3750 level could result in a surge to the 1.3800

Wed, 25 Aug 2021 08:15:56 GMT

EUR/USD reveals possible pattern

On Tuesday, the EUR/USD found support in the 1.1730 level and afterwards reached the resistance of the 1.1760 mark, which was tested two times. In the meantime, it was spotted that the rate appears to have started to respect the support of the 200-hour simple moving average. Meanwhile, the currency exchange rate appears to be trading in a still not

Wed, 25 Aug 2021 06:28:06 GMT

USD/CAD bounces off support

On Tuesday, the US Dollar declined by 72 pips or 0.57% against the Canadian Dollar. The USD/CAD currency pair tested the 1.2581 level during yesterday's trading session.

Wed, 25 Aug 2021 05:55:57 GMT

GBP/JPY bears could prevail

On August 24, the British Pound fell by 74 pips or 0.49% against the Japanese Yen. The decline was stopped by the 50– hour simple moving average during Tuesday's trading session.

Wed, 25 Aug 2021 05:45:28 GMT

AUD/USD potential target at 0.7320

On August 24, the Australian Dollar surged by 68 pips or 0.94% against the US Dollar. The currency pair breached the 200– hour simple moving average during yesterday's trading session.

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