Technical Analysis

Note: This section contains information in English only.
Mon, 18 Jan 2021 08:27:54 GMT

NZD/USD bears could continue to prevail

The New Zealand Dollar edged lower by 98 basis points or 1.36% against the US Dollar on Friday. The currency pair was pressured lower by the 200– hour simple moving average during Friday's trading session.

Mon, 18 Jan 2021 07:59:36 GMT

USD/CAD bulls likely to prevail

The US Dollar jumped by approximately 100 basis points or 0.78% against the Canadian Dollar on Friday. The currency pair breached the 50-, 100– and 200– hour SMAs during Friday's trading session.

Mon, 18 Jan 2021 07:30:43 GMT

AUD/USD breakout could occur

The Australian Dollar fell by 84 basis points or 1.08% against the US Dollar on Friday. The currency pair breached the 50-, 100– and 200– hour SMAs during Friday's trading session.

Mon, 18 Jan 2021 07:00:24 GMT

EUR/JPY decline likely to continue

The common European currency declined by 71 basis points or 0.56% against the Japanese Yen on Friday. The currency pair breached the 125.40 level during Friday's trading session.

Fri, 15 Jan 2021 10:13:15 GMT

XAU/USD could consolidate

The XAU/USD exchange rate continued to trade sideways between the psychological level at 1,830.00 and the Fibo 23.60% at 1,860.59.

Fri, 15 Jan 2021 10:07:53 GMT

USD/JPY supported by 200-hour SMA

On Thursday, the USD/JPY dropped to the support provided by the 200-hour moving average near 103.65.

Fri, 15 Jan 2021 10:01:12 GMT

GBP/USD remains below 1.3700

Yesterday, the GBP/USD exchange rate failed to exceed the resistance level at 1.3700.

Fri, 15 Jan 2021 09:53:19 GMT

EUR/USD trades below 1.2160

On Thursday, the EUR/USD currency pair touched the 1.2120 level.

Fri, 15 Jan 2021 09:23:22 GMT

NZD/USD could still edge up

The New Zealand Dollar surged by 57 points or 0.79% against the US Dollar on Thursday. The currency pair breached the weekly pivot point at 0.7234 during yesterday's trading session.

Fri, 15 Jan 2021 08:46:28 GMT

USD/CAD breakout occurs

The US Dollar edged lower by 75 points or 0.59% against the Canadian Dollar on Thursday. The currency pair tested the lower boundary of a narrow descending channel pattern during yesterday's trading session.

Fri, 15 Jan 2021 07:37:13 GMT

AUD/USD remains near 0.7740

The AUD/USD currency pair bounced off from a support cluster at 0.7740 on Thursday. As a result, the Australian Dollar surged by 56 points or 0.72% against the US Dollar during yesterday's trading session.

Fri, 15 Jan 2021 07:07:29 GMT

EUR/JPY breakout likely to occur

The common European currency fell by 54 points or 0.42% against the Japanese Yen on Thursday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.

Thu, 14 Jan 2021 11:00:14 GMT

XAU/USD remains above 1,820.00

On Wednesday, the XAU/USD exchange rate bounced off the Fibo 23.60% at 1,860.59.

Thu, 14 Jan 2021 10:44:48 GMT

USD/JPY might extend gains

Yesterday, the USD/JPY currency pair raised to the 104.00 mark.

Thu, 14 Jan 2021 10:29:36 GMT

GBP/USD could trade upwards

Yesterday, the GBP/USD exchange rate bounced off the psychological level at 1.3700.

Thu, 14 Jan 2021 10:19:36 GMT

EUR/USD remains above 1.2140

Since Wednesday afternoon, the EUR/USD currency pair has been testing the support level at 1.2140.

Thu, 14 Jan 2021 09:20:50 GMT

NZD/USD likely to maintain channel

The New Zealand Dollar declined by 61 pips or 0.84% against the US Dollar on Wednesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Thu, 14 Jan 2021 08:25:47 GMT

USD/CAD breakout occurs

The US Dollar declined by 60 pips or 0.47% against the Canadian Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Thu, 14 Jan 2021 06:30:49 GMT

AUD/USD bounces off support

The Australian Dollar declined by 47 pips or 0.60% against the US Dollar on Wednesday. The decline was stopped by a support cluster formed by the 50-, 100– and 200– hour SMAs at 0.7740 during yesterday's trading session.

Thu, 14 Jan 2021 06:21:15 GMT

EUR/JPY decline likely to continue

The common European currency declined by 48 pips or 0.38% against the Japanese Yen on Wednesday. The currency pair breached the weekly support level at 126.22 during yesterday's trading session.

Wed, 13 Jan 2021 10:49:38 GMT

XAU/USD tests Fibo 23.60%

Since Tuesday, the XAU/USD exchange rate has been testing the resistance level—the Fibo 23.60% at 1,860.59.

Wed, 13 Jan 2021 10:42:17 GMT

USD/JPY could trade sideways

During today's morning, the USD/JPY currency pair reversed north from the support level—the weekly PP at 103.56.

Wed, 13 Jan 2021 10:28:46 GMT

GBP/USD reached 1.3700

Yesterday, the GBP/USD exchange rate breached the short-term descending channel north and skyrocketed to 1.3700.

Wed, 13 Jan 2021 10:21:37 GMT

EUR/USD trades below 1.2200

During Wednesday morning hours, the EUR/USD currency pair bounced off the resistance provided by the 100-hour SMA near 1.2210.

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