Technical Analysis

Note: This section contains information in English only.
Thu, 19 Aug 2021 05:11:57 GMT

EUR/USD bears could prevail

On Wednesday, the Eurozone single currency declined by 29 pips or 0.25% against the US Dollar.

Wed, 18 Aug 2021 04:44:10 GMT

XAU/USD two scenarios likely

The yellow metal's price decreased by 134 pips or 0.75% on Tuesday. The decline was stopped by the 55– hour simple moving average at 1784.1 during Tuesday's trading session.

Wed, 18 Aug 2021 04:33:40 GMT

USD/JPY rebounds from Tuesday's low

The USD/JPY currency pair bounced off the lower line of a descending channel pattern at 109.18 on Tuesday. As a result, the US Dollar surged by 50 pips or 0.46% against the Japanese Yen during yesterday's trading session.

Wed, 18 Aug 2021 04:20:58 GMT

GBP/USD bounces off support

Bearish sentiment pressured the GBP/USD currency pair on Tuesday. As a result, the British Pound sank by 114 pips or 0.83% against the US Dollar during Tuesday's trading session.

Wed, 18 Aug 2021 03:53:33 GMT

EUR/USD breakout occurs

Downside risks dominated the EUR/USD currency pair on Tuesday. As a result, the common European currency fell by 73 pips or 0.62% against the US Dollar during yesterday's trading session.

Tue, 17 Aug 2021 05:01:26 GMT

XAU/USD potential target at 1820.00

Upside risks dominated the XAU/USD exchange rate on Monday. As a result, the yellow metal surged by 174 pips or 0.99% against the US Dollar during Monday's trading session.

Tue, 17 Aug 2021 04:46:20 GMT

USD/JPY bears could prevail

On Monday, the US Dollar edged lower by 56 pips or 0.51% against the Japanese Yen. The currency pair tested the weekly support level at 109.19 during Monday's trading session.

Tue, 17 Aug 2021 04:30:22 GMT

GBP/USD likely to maintain channel

The 200– hour simple moving average pressured the GBP/USD currency pair on Monday. As a result, the Pound Sterling declined by 44 pips or 0.31% against the US Dollar.

Tue, 17 Aug 2021 04:18:12 GMT

EUR/USD decline likely to continue

On Monday, the common European currency declined by 28 pips or 0.24% against the US Dollar. The decline was stopped by the weekly pivot point at 1.1766 during Monday's trading session.

Mon, 16 Aug 2021 05:12:46 GMT

XAU/USD bulls likely to prevail

The yellow metal's price rose by 275 pips or 1.57% on Friday. The commodity breached the 200– hour simple moving average at 1769 during Friday's trading session.

Mon, 16 Aug 2021 04:55:35 GMT

USD/JPY two scenarios likely

Downside risks dominated the USD/JPY currency pair lower during Friday's trading session. As a result, the US Dollar fell by 91 pips or 0.83% against the Japanese Yen on Friday.

Mon, 16 Aug 2021 04:45:30 GMT

GBP/USD breaks channel pattern

The GBP/USD currency pair bounced off a support level at 1.3800 on Friday. As a result, the British Pound surged by 76 pips or 0.55% against the US Dollar during Friday's trading session.

Mon, 16 Aug 2021 04:24:37 GMT

EUR/USD breakout occurs

On Friday, the Eurozone single currency edged higher by 71 pips or 0.61% against the US Dollar. A breakout occurred through the upper boundary of a descending channel pattern during Friday's trading session.

Fri, 13 Aug 2021 06:15:23 GMT

XAU/USD two scenarios likely

During the first half of Thursday's trading session, Gold fell by 144 pips or 0.82% against the US Dollar. However, the commodity rebounded from a support level of 1744.8 at the end of the session.

Fri, 13 Aug 2021 05:55:24 GMT

USD/JPY traded sideways

The US Dollar against the Japanese Yen consolidated below the 110.60 level on Thursday. The currency pair traded between the 55– and 100– hour SMAs during Thursday's trading session.

Fri, 13 Aug 2021 05:35:04 GMT

GBP/USD decline to continue

On Thursday, the British Pound declined by 82 pips or 0.59% against the US Dollar. The currency pair tested the weekly S2 at 1.3801 during Thursday's trading session.

Fri, 13 Aug 2021 05:21:33 GMT

EUR/USD breached channel pattern

The common European currency has edged higher by 41 pips or 0.35% against the US Dollar since this week's trading sessions. The currency pair breached the 55- and 100- hour SMAs this week.

Thu, 12 Aug 2021 05:55:32 GMT

XAU/USD breached 100– hour SMA

The yellow metal's price edged higher by 267 pips or 1.55% on Wednesday. The surge was stopped by the 100– hour simple moving average during yesterday's trading session.

Thu, 12 Aug 2021 05:35:36 GMT

USD/JPY breakout occurs

On Wednesday, the US Dollar declined by 50 pips or 0.45% against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Thu, 12 Aug 2021 05:09:17 GMT

GBP/USD could break channel

On Wednesday, the British Pound edged higher by 70 pips or 0.51% against the US Dollar.

Thu, 12 Aug 2021 04:33:12 GMT

EUR/USD potential target at 1.1806

The common European currency surged by 41 pips or 0.35% against the US Dollar on Wednesday. The currency pair tested the upper line of a descending channel pattern during yesterday's trading session.

Wed, 11 Aug 2021 05:33:17 GMT

XAU/USD decline could continue

On Tuesday, the XAU/USD exchange rate edged lower by 148 pips or 0.85%. The commodity traded above the 1720.0 level during Tuesday's trading session.

Wed, 11 Aug 2021 05:16:57 GMT

USD/JPY bullish bias

On Tuesday, the US Dollar surged by 30 pips or 0.27% against the Japanese Yen. The currency pair was guided by the 55– hour simple moving average during Tuesday's trading session.

Wed, 11 Aug 2021 04:53:20 GMT

GBP/USD decline likely to continue

The British Pound has declined by 38 pips or 0.27% against the US Dollar on Tuesday. The currency pair was pressured lower by the 55– hour simple moving average during Tuesday' trading session.

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