Technical Analysis

Note: This section contains information in English only.
Fri, 30 Apr 2021 06:41:28 GMT

EUR/JPY could maintain channel

The EUR/JPY exchange rate maintained the narrow ascending channel pattern during yesterday's trading session. The currency pair made about 35 pips or 028% move during Thursday's trading session.

Fri, 30 Apr 2021 05:57:08 GMT

XAU/USD breaks pattern

On Thursday, the XAU/USD exchange rate plunged by 312 pips or 1.74%. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session.

Fri, 30 Apr 2021 05:39:57 GMT

USD/JPY tests 55– hour SMA

The US Dollar edged higher by 72 pips or 0.66% against the Japanese Yen on Thursday. The currency pair tested the 109.21 area during yesterday's trading session.

Fri, 30 Apr 2021 05:30:08 GMT

GBP/USD trades sideways

The British Pound traded sideways against the US Dollar on Thursday. The GBP/USD currency pair made about 35 pips or 0.25% move during Thursday's trading session.

Fri, 30 Apr 2021 04:10:25 GMT

EUR/USD respects channel pattern

On Thursday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair reversed from the resistance level at 1.2152 during yesterday's trading session.

Thu, 29 Apr 2021 07:19:50 GMT

USD/CAD two scenarios likely

The US Dollar edged lower by 113 pips or 0.91% against the Canadian Dollar on Wednesday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.

Thu, 29 Apr 2021 06:46:16 GMT

GBP/JPY bullish run to continue

The British Pound edged higher by 51 pips or 0.34% against the Japanese Yen on Wednesday. The currency pair breached the weekly R1 at 151.41 during Wednesday's trading session.

Thu, 29 Apr 2021 06:19:17 GMT

AUD/USD buyers likely to prevail

The Australian Dollar climbed by 76 pips or 0.98% against the US Dollar on Wednesday. The surge was stopped by the weekly resistance level at 0.7814 during the Asian session on Thursday.

Thu, 29 Apr 2021 05:57:21 GMT

EUR/JPY trades above 50– hour SMA

The common European currency edged higher by 39 pips or 0.30% against the Japanese Yen on Wednesday. The currency pair breached the weekly R2 at 131.72 during Wednesday's trading session.

Thu, 29 Apr 2021 05:33:25 GMT

XAU/USD breaks resistance level

The XAU/USD exchange rate bounced off the lower boundary of an ascending channel pattern at 1765.3 on Wednesday. As a result, the commodity surged by 175 pips or 0.99% during Wednesday's trading session.

Thu, 29 Apr 2021 05:30:08 GMT

USD/JPY decline likely to continue

Downside risks pressured the US Dollar against the Japanese Yen on Wednesday. The currency pair dropped by 60 pips or 0.55% during yesterday's trading session.

Thu, 29 Apr 2021 04:47:55 GMT

GBP/USD could pullback

Upside risks dominated the British Pound against the US Dollar on Wednesday. The GBP/USD currency pair surged by 88 pips or 0.64% during Wednesday's trading session.

Thu, 29 Apr 2021 04:04:44 GMT

EUR/USD bulls likely to prevail

On April 28, the Eurozone single currency surged by 77 pips or 0.64% against the US Dollar. The currency pair breached the resistance level at 1.2113 during Wednesday's trading session.

Wed, 28 Apr 2021 08:04:05 GMT

USD/CAD awaits FOMC Statement

The USD/CAD currency pair continued to trade sideways during yesterday's trading session. The US Dollar traded near the 1.2385 level against the Canadian Dollar on Tuesday.

Wed, 28 Apr 2021 07:18:24 GMT

GBP/JPY bounces off support

Upside risk pressured the British Pound against the Japanese Yen on Tuesday. The currency pair bounced off a support cluster at the 150.23 area during yesterday's trading session.

Wed, 28 Apr 2021 07:03:50 GMT

AUD/USD likely to break channel

Australia's Dollar fell by 40 pips or 0.50% against the US Dollar on Tuesday. The currency pair tested the bottom border of an ascending channel pattern during the Asian session on Wednesday.

Wed, 28 Apr 2021 06:44:10 GMT

EUR/JPY bullish trend likely to continue

Upside risks dominated the EUR/JPY currency pair on Tuesday. The common European currency edged higher by 86 pips or 0.66% against the Japanese Yen during Tuesday's trading session.

Wed, 28 Apr 2021 06:09:50 GMT

XAU/USD two scenarios likely

On Tuesday, the precious metal gold declined by 95 pips or 0.54% against the US Dollar. The commodity breached the 55– and 200– hour SMAs during yesterday's trading session.

Wed, 28 Apr 2021 05:25:56 GMT

USD/JPY breakout likely to occur

During Tuesday's trading session, The US Dollar surged by 55 pips or 0.51% against the Japanese Yen. The currency pair breached the weekly R1 at 108.73 on Tuesday.

Wed, 28 Apr 2021 05:16:44 GMT

GBP/USD bulls likely to prevail

On April 27, the Pound Sterling surged by 56 pips or 0.40% against the US Dollar. The currency pair tested the upper line of a descending channel pattern at 1.3920 during Tuesday's trading session.

Wed, 28 Apr 2021 05:04:41 GMT

EUR/USD could edge higher

On April 27, the Eurozone single currency surged by 37 pips or 0.30% against the US Dollar. The currency pair tested the 1.2093 level during Tuesday's trading session.

Tue, 27 Apr 2021 07:37:48 GMT

USD/CAD bears likely to prevail

Downside risks dominated the USD/CAD currency pair during Monday's trading session. As a result, the US Dollar fell by 97 pips or 0.78% against the Canadian Dollar on Monday.

Tue, 27 Apr 2021 06:56:11 GMT

GBP/JPY could break channel

The Pound Sterling surged by 78 pips or 0.52% against the Japanese Yen on Monday. The currency pair breached a resistance cluster at 150.23 during yesterday's trading session.

Tue, 27 Apr 2021 06:34:07 GMT

AUD/USD two scenarios likely

The Australian Dollar surged by 45 pips or 0.58% against the US Dollar on Monday. The currency pair tested the weekly resistance level at 0.7809 during Monday's trading session.

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