Technical Analysis

Note: This section contains information in English only.
Tue, 09 Jun 2020 08:06:12 GMT

AUD/USD breached 50– hour SMA

The Australian Dollar surged by 64 basis point or 0.94% against the US Dollar on Monday. The currency pair was pressured higher by the 50– hour simple moving average during yesterday's trading session.

Tue, 09 Jun 2020 06:27:24 GMT

EUR/JPY target at 121.00

The common European currency declined by 154 basis points or 1.24% against the Japanese Yen on Monday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Mon, 08 Jun 2020 10:12:17 GMT

XAU/USD could consolidate

During the previous trading session, the XAU/USD exchange rate dropped to the monthly S1 at 1,679.34. During Monday morning, the rate raised to the 55-hour SMA near 1,700.00.

Mon, 08 Jun 2020 09:55:24 GMT

USD/JPY tests monthly R2

On Friday, the USD/JPY currency pair raised to the Fibo 61.80% at 109.83. During today's morning, the pair was testing the support level—the monthly R2 at 109.43.

Mon, 08 Jun 2020 09:44:04 GMT

GBP/USD trades at 1.2700

At the end of last week, the GBP/USD exchange rate raised to the 1.2700 level. During Monday morning, the rate consolidated at the given mark.

Mon, 08 Jun 2020 09:32:33 GMT

EUR/USD supported by 55-hour SMA

On Friday, the EUR/USD currency pair raised to the monthly R2 at 1.1385. During today's morning, the pair is testing the support provided by the 55-hour SMA near 1.1300.

Mon, 08 Jun 2020 08:09:37 GMT

NZD/USD could make brief retracement

The New Zealand Dollar surged by 54 pips or 0.84% against the US Dollar on Friday. The currency pair tested the upper boundary of an ascending channel pattern at 0.6517 during Friday's trading session.

Mon, 08 Jun 2020 07:48:29 GMT

USD/CAD could edge lower

The US Dollar declined by 115 pips or 0.85% against the Canadian Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.

Mon, 08 Jun 2020 07:29:48 GMT

AUD/USD could make pullback

Australia's Dollar surged by 67 pips or 0.97% against the US Dollar during Friday's trading session. The currency pair breached the psychological resistance level at 0.7000 on Friday.

Mon, 08 Jun 2020 06:51:08 GMT

EUR/JPY two scenarios likely

The common European currency traded above the monthly resistance level at 123.47 against the Japanese Yen during Friday's trading session.

Fri, 05 Jun 2020 10:03:12 GMT

XAU/USD pressured by 55-hour SMA

On Thursday, the XAU/USD exchange rate raised to the resistance formed by the 100– and 200-hour SMAs, as well the monthly PP in the 1,720.00 area. During today's morning, the rate reversed south.

Fri, 05 Jun 2020 09:50:27 GMT

USD/JPY tests monthly R2

Yesterday, the USD/JPY currency pair surpassed the weekly R3 at 109.07. During Friday morning, the pair tested the monthly R2 at 109.43.

Fri, 05 Jun 2020 09:42:58 GMT

GBP/USD reached 1.2650 mark

Yesterday, the GBP/USD exchange rate re-tested the monthly R1 at 1.2615. During Friday morning, the rate raised the weekly R3 at 1.2678.

Fri, 05 Jun 2020 09:34:12 GMT

EUR/USD jumped to 1.1350

On Thursday, the EUR/USD currency pair jumped to the 1.1350 level. During today's morning, the pair tested the monthly R2 at 1.1385.

Fri, 05 Jun 2020 07:37:17 GMT

NZD/USD breakout occurs

The New Zealand Dollar has surged by 102 basis points or 1.59% against the US Dollar since yesterday's trading session. The currency pair breached the upper boundary of an ascending channel pattern on Friday morning.

Fri, 05 Jun 2020 07:12:42 GMT

USD/CAD awaits macroeconomic data releases

The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair consolidated below the 1.3550 level during yesterday's trading session.

Fri, 05 Jun 2020 07:03:58 GMT

AUD/USD awaits NFP

The Australian Dollar surged by 91 basis points or 1.32% against the US Dollar on Thursday. The currency pair was guided by the 50– hour simple moving average during yesterday's trading session.

Fri, 05 Jun 2020 06:51:06 GMT

EUR/JPY bullish run likely to continue

The Eurozone single currency has surged by 240 basis points or 1.97% against the Japanese Yen since Thursday's trading session. The currency pair breached the 124.00 level on Friday morning.

Thu, 04 Jun 2020 10:32:03 GMT

XAU/USD touched 1,695.00

Yesterday, the XAU/USD exchange rate dropped to the 1,695.00 level. During Thursday morning, the rate reversed north to 1,705.00.

Thu, 04 Jun 2020 10:22:19 GMT

USD/JPY could consolidate

On Wednesday, the USD/JPY currency pair raised to the weekly R3 at 109.07. During today's morning, the pair was testing the given resistance level.

Thu, 04 Jun 2020 10:05:07 GMT

GBP/USD squeezed by 55– and 100-hour SMAs

Yesterday, the GBP/USD exchange rate tested the monthly R1 at 1.2615. During Thursday morning, the rate declined to 1.2500.

Thu, 04 Jun 2020 09:50:35 GMT

EUR/USD tests support level

On Wednesday, the EUR/USD currency pair failed to surpass the monthly R1 at 1.1246. During today's morning, the pair was testing the support formed by the Fibo 38.20% and the 55-hour SMA at 1.1200.

Thu, 04 Jun 2020 09:12:52 GMT

NZD/USD breakout could occur

The New Zealand Dollar surged by 68 pips or 1.07% against the US Dollar on Wednesday. The currency pair tested the upper boundary of an ascending channel pattern at 0.6438 during Wednesday's trading session.

Thu, 04 Jun 2020 08:41:45 GMT

USD/CAD could still slide lower

The US Dollar declined by 72 pips or 0.53% against the Canadian Dollar on Wednesday. The 50– hour simple moving average guided the currency pair during yesterday's trading session.

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