Technical Analysis

Note: This section contains information in English only.
Fri, 12 Feb 2021 10:46:00 GMT

USD/JPY tests resistance level

During Friday morning hours, the USD/JPY currency pair was testing the resistance level formed by the Fibo 23.60% and the 200-hour SMA at 105.03.

Fri, 12 Feb 2021 10:33:25 GMT

GBP/USD likely to decline

Since Thursday, the GBP/USD exchange rate has been trading downwards.

Fri, 12 Feb 2021 10:25:44 GMT

EUR/USD could trade downwards

The EUR/USD currency pair remains to trade below the resistance level—the weekly R1 at 1.2140.

Fri, 12 Feb 2021 08:53:03 GMT

NZD/USD breakout occurs

The New Zealand Dollar surged by 40 pips or 0.56% against the US Dollar on Thursday. The currency pair breached the weekly resistance level at 0.7237 during yesterday's trading session.

Fri, 12 Feb 2021 08:14:43 GMT

USD/CAD bounces off support

The USD/CAD exchange rate bounced off from the lower line of a descending channel pattern on Thursday. As a result, the US Dollar has surged by 66 pips or 0.52% against the Canadian Dollar since yesterday's trading session.

Fri, 12 Feb 2021 07:36:53 GMT

AUD/USD bulls could prevail

The Australian Dollar surged by 54 pips or 0.71% against the US Dollar on Thursday. The currency pair breached the weekly R2 at 0.7753 during yesterday's trading session.

Fri, 12 Feb 2021 07:04:50 GMT

EUR/JPY could edge higher

The common European currency surged by 44 pips or 0.35% against the Japanese Yen on Thursday. The currency pair breached a resistance line at 127.12 on Friday morning.

Thu, 11 Feb 2021 11:41:04 GMT

XAU/USD continues to trade sideways

The XAU/USD exchange rate continues to trade sideways in the 1,845.00 area.

Thu, 11 Feb 2021 11:36:53 GMT

USD/JPY remains below 104.80

Since Tuesday, the USD/JPY currency pair has been trading sideways in the 104.60 area.

Thu, 11 Feb 2021 11:22:40 GMT

GBP/USD consolidates in 1.3850 area

Since yesterday, the GBP/USD exchange rate has been trading sideways in the 1.3850 area.

Thu, 11 Feb 2021 11:16:28 GMT

EUR/USD tests weekly R1

Since Wednesday, the EUR/USD currency pair has been testing the resistance level—the weekly R1 at 1.2140.

Thu, 11 Feb 2021 09:46:17 GMT

NZD/USD bounces off support

The New Zealand Dollar declined by 38 pips or 0.52% against the US Dollar on Wednesday. The currency pair tested the lower line of an ascending channel pattern during yesterday's trading session.

Thu, 11 Feb 2021 08:57:00 GMT

USD/CAD sets for breakout

The 50– hour simple moving average pressured the US Dollar lower against the Canadian Dollar on Wednesday. The currency pair tested the lower line of a descending channel pattern at 1.2674 during yesterday's trading session.

Thu, 11 Feb 2021 08:26:01 GMT

AUD/USD remains below 0.7780

The Australian Dollar declined by 40 pips or 0.52% against the US Dollar on Wednesday. The decline was stopped by a support line at 0.7714 during yesterday's trading session.

Thu, 11 Feb 2021 07:46:58 GMT

EUR/JPY potential target at 126.40

The common European currency declined by 32 pips or 0.25% against the Japanese Yen on Wednesday. The weekly pivot point at 126.71 provided support for the currency exchange rate during yesterday's trading session.

Wed, 10 Feb 2021 10:49:11 GMT

XAU/USD consolidates in 1,840.00 area

Since Tuesday, the XAU/USD exchange rate has been trading sideways in the 1,840.00 area.

Wed, 10 Feb 2021 10:40:04 GMT

USD/JPY could go downwards

On Tuesday, the USD/JPY currency pair declined below the 104.80 level.

Wed, 10 Feb 2021 10:31:34 GMT

GBP/USD trades at 1.3850

Yesterday, the GBP/USD exchange rate exceeded the weekly R1 located at 1.3809.

Wed, 10 Feb 2021 10:24:34 GMT

EUR/USD tests weekly R1

During Wednesday morning hours, the EUR/USD currency pair raised to the resistance level—the weekly R1 at 1.2140.

Wed, 10 Feb 2021 09:20:20 GMT

NZD/USD breakout could occur

The New Zealand Dollar declined by 30 pips or 0.42% against the US Dollar on Tuesday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.

Wed, 10 Feb 2021 08:19:48 GMT

USD/CAD two scenarios likely

The US Dollar declined by 70 pips or 0.55% against the Canadian Dollar on Tuesday. The currency pair breached the weekly support level at 1.2713 during Tuesday's trading session.

Wed, 10 Feb 2021 07:50:05 GMT

AUD/USD bullish trend could continue

The Australian Dollar jumped by 37 pips or 0.48% against the US Dollar on Tuesday. The currency pair breached the weekly resistance level at 0.7714 during yesterday's trading session.

Wed, 10 Feb 2021 07:29:14 GMT

EUR/JPY could edge lower

The Eurozone single currency declined by 34 pips or 0.27% against the Japanese Yen on Tuesday. The decline was stopped by a support line at 126.45 during yesterday's trading session.

Tue, 09 Feb 2021 10:42:35 GMT

XAU/USD to test Fibo 23.60%

The XAU/USD exchange rate has increased to the 1,845.00 mark.

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