Technical Analysis

Note: This section contains information in English only.
Wed, 11 Aug 2021 04:31:30 GMT

EUR/USD two scenarios likely

On Tuesday, the common European currency fell by 28 pips or 0.24% against the US Dollar. The currency pair tested the weekly S1 at 1.1712 during Tuesday's trading session.

Tue, 10 Aug 2021 06:21:09 GMT

XAU/USD bounces off support

The XAU/USD exchange rate bounced off a support level at 1686.0 on Monday. As a result, Gold surged by 634 pips or 3.76% against the US Dollar during yesterday's trading session.

Tue, 10 Aug 2021 05:42:30 GMT

USD/JPY remains below 110.40

On Monday, the US Dollar rose by 29 pips or 0.26% against the Japanese Yen. But, the currency pair remained below the 110.40 area during Tuesday's trading session.

Tue, 10 Aug 2021 05:22:06 GMT

GBP/USD bears could prevail

The Pound Sterling edged lower by 45 pips or 0.32% against the US Dollar on Monday. The GBP/USD currency pair tested the weekly S1 at 1.3838 on Tuesday morning.

Tue, 10 Aug 2021 04:53:25 GMT

EUR/USD decline could continue

On Monday, the Eurozone single currency declined by 32 pips or 0.27% against the US Dollar. The exchange rate tested a four-month low at 1.1730 during Monday's trading session.

Mon, 09 Aug 2021 04:59:18 GMT

XAU/USD tests 4-month low

The yellow metal's price has plummeted by 6.55% since Friday's trading session. However, the commodity rebounded from a support line at 1686.1 during the Asian session on Monday.

Mon, 09 Aug 2021 04:19:59 GMT

USD/JPY bulls likely to prevail

On Friday, the US Dollar edged higher by 63 pips or 0.58% against the Japanese Yen. The USD/JPY currency pair tested the 110.40 level during Friday's trading session.

Mon, 09 Aug 2021 03:25:28 GMT

GBP/USD breaks support at 1.3880

On Friday, the British Pound declined by 63 pips or 0.45% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs during Friday's trading session.

Mon, 09 Aug 2021 03:07:51 GMT

EUR/USD likely to maintain channel

On Friday, the common European currency fell by 72 pips or 0.61% against the US Dollar. The currency pair was pressured lower by the 55– hour simple moving average during Friday's trading session.

Fri, 06 Aug 2021 06:07:04 GMT

XAU/USD bears could prevail

The 100– hour simple moving average provided resistance for the precious metal on Thursday. As a result, the XAU/USD exchange rate fell by 132 pips or 0.73% during Thursday's trading session.

Fri, 06 Aug 2021 05:31:44 GMT

USD/JPY breakout occurs

On Thursday, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

Fri, 06 Aug 2021 05:11:24 GMT

GBP/USD bounces off support

The GBP/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.3883 on Thursday.

Fri, 06 Aug 2021 04:39:41 GMT

EUR/USD could target 1.1789

The 55– hour simple moving average provided resistance for the EUR/USD currency pair on Thursday. As a result, the common European currency declined by 32 pips or 0.27% against the US Dollar during Thursday's trading session.

Thu, 05 Aug 2021 05:06:54 GMT

XAU/USD decline likely to continue

The yellow metal's price tested the 1830.00 level on Wednesday. However, the XAU/USD exchange rate surrendered the earlier gains at the end of Wednesday's trading session.

Thu, 05 Aug 2021 04:42:09 GMT

USD/JPY tests 200– hour SMA

The USD/JPY pair bounced off the lower boundary of a descending channel pattern at 108.80 on Wednesday. As a result, the US Dollar edged higher by 83 pips or 0.77% against the Japanese Yen during Wednesday's trading session. 

Thu, 05 Aug 2021 04:20:27 GMT

GBP/USD breakout occurs

The British Pound declined by 63 pips or 0.45% against the US Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session.

Thu, 05 Aug 2021 04:14:20 GMT

EUR/USD breaks channel pattern

During the first half of Wednesday's trading session, the Eurozone single currency surged by 53 pips or 0.45% against the US Dollar.

Wed, 04 Aug 2021 05:59:27 GMT

XAU/USD tests 200– hour SMA support

On Tuesday, the yellow metal's price drooped by 55 pips or 0.30%. The 200– hour simple moving average provided support for the commodity during Tuesday's trading session.

Wed, 04 Aug 2021 05:38:25 GMT

USD/JPY decline likely to continue

On Tuesday, the US Dollar declined by 41 pips or 0.37% against the Japanese Yen. The currency pair tested the lower boundary of a descending channel pattern during yesterday's trading session.

Wed, 04 Aug 2021 04:57:00 GMT

GBP/USD breached channel pattern

During the first half of Tuesday's trading session, the British Pound rose by 51 pips or 0.37% against the US Dollar.

Wed, 04 Aug 2021 04:54:08 GMT

EUR/USD could edge lower

On Tuesday, the common European currency declined by 36 pips or 0.30% against the US Dollar. The currency pair breached the 55– and 100– hour SMAs during yesterday's trading session.

Tue, 03 Aug 2021 05:55:59 GMT

XAU/USD bouces off support

The XAU/USD exchange rate bounced off a support level formed by the 200– hour simple moving average at 1808.23 on Monday.

Tue, 03 Aug 2021 05:39:37 GMT

USD/JPY breakout could occur

The US Dollar fell by 49 pips or 0.45% against the Japanese Yen on Monday. The currency pair was pressured lower by the 55– hour simple moving average during Monday's trading session.

Tue, 03 Aug 2021 05:07:48 GMT

GBP/USD two scenarios likely

The British Pound edged lower by 43 pips or 0.31% against the US Dollar on Monday. The decline was stopped by the weekly pivot point at 1.3876 during Monday's trading session.

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