Technical Analysis

Note: This section contains information in English only.
Mon, 11 Jan 2021 09:09:21 GMT

USD/CAD breakout occurs

The US Dollar has surged by 89 pips or 0.70% against the Canadian Dollar since Friday's trading session. A breakout occurred through the upper boundary of an ascending channel pattern on Monday morning.

Mon, 11 Jan 2021 07:53:16 GMT

AUD/USD decline likely to continue

The Australian Dollar has declined by 97 pips or 1.25% against the US Dollar since Friday's trading session. The currency pair breached the 200– hour simple moving average at 0.7712 on Monday morning.

Mon, 11 Jan 2021 07:12:10 GMT

EUR/JPY two scenarios likely

The Eurozone single currency declined by 63 pips or 0.49% against the Japanese Yen on Friday. The decline was stopped by a support level formed by the 100– hour SMA at 126.85 during Friday's trading session.

Fri, 08 Jan 2021 11:12:39 GMT

XAU/USD trades at 1,890.00

During Friday morning hours, the XAU/USD exchange rate dropped to the 1,890.00 level.

Fri, 08 Jan 2021 11:01:18 GMT

USD/JPY revealed descending channel

The USD/JPY currency pair has revealed a medium-term descending channel.

Fri, 08 Jan 2021 10:42:00 GMT

GBP/USD could continue to consolidate

The GBP/USD exchange rate continued to trade within the descending triangle pattern.

Fri, 08 Jan 2021 10:33:22 GMT

EUR/USD revealed ascending channel

The EUR/USD currency pair has revealed a medium-term ascending channel.

Fri, 08 Jan 2021 09:47:48 GMT

NZD/USD could edge up

The New Zealand Dollar declined by 72 basis points or 0.99% against the US Dollar on Thursday. The decline was stopped by the 100– hour simple moving average at 0.7241.

Fri, 08 Jan 2021 09:13:02 GMT

USD/CAD decline to continue

During the first half of Thursday's trading session, the US Dollar surged by 71 basis point or 0.56% against the Canadian Dollar. However, the currency pair surrendered the earlier gains at the end of the day.

Fri, 08 Jan 2021 08:51:25 GMT

AUD/USD could edge higher

The Australian Dollar declined by 85 basis points or 1.08% against the US Dollar on Thursday. The decline was stopped by the 100– hour simple moving average at 0.7740 during yesterday's trading session.

Fri, 08 Jan 2021 07:33:33 GMT

EUR/JPY bulls likely to prevail

The common European currency surged by 48 basis points or 0.38% against the Japanese Yen on Thursday. The currency pair tested the 127.40 level during yesterday's trading session.

Thu, 07 Jan 2021 11:07:29 GMT

XAU/USD trades below 1,930.00

Yesterday, the XAU/USD exchange rate tumbled to the 1,905.00 mark.

Thu, 07 Jan 2021 10:41:39 GMT

USD/JPY trades at 103.60

During Thursday morning hours, the USD/JPY currency pair raised to the 103.60 level.

Thu, 07 Jan 2021 10:31:42 GMT

GBP/USD could trade sideways

The GBP/USD exchange rate has revealed a descending triangle pattern.

Thu, 07 Jan 2021 10:22:56 GMT

EUR/USD to test weekly PP

The EUR/USD currency pair bounced off the resistance level at 1.2340 and dropped below 1.2260.

Thu, 07 Jan 2021 09:30:27 GMT

NZD/USD two scenarios likely

The New Zealand Dollar edged higher by 71 points or 0.98% against the US Dollar on Wednesday. The currency pair tested the upper boundary of an ascending channel pattern at 0.7320 during yesterday's trading session.

Thu, 07 Jan 2021 08:54:28 GMT

USD/CAD likely to maintain channel

The USD/CAD currency pair bounced off the lower boundary of a descending channel pattern at 1.2636 on Wednesday. As a result, the US Dollar surged by 66 points or 0.53% against the Canadian Dollar.

Thu, 07 Jan 2021 08:03:21 GMT

AUD/USD buying signals

The Australian Dollar surged by 68 points or 0.88% against the US Dollar on Wednesday. The currency pair tested the upper line of an ascending channel pattern at 0.7820 during Wednesday's trading session.

Thu, 07 Jan 2021 07:33:31 GMT

EUR/JPY could edge higher

The common European currency surged by 87 points or 0.69% against the Japanese Yen on Wednesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.

Wed, 06 Jan 2021 11:59:30 GMT

XAU/USD trades near 1,960.00

During today's morning hours, the XAU/USD raised to the 1,960.00 mark.

Wed, 06 Jan 2021 11:47:23 GMT

USD/JPY remains below 103.00

Yesterday, the USD/JPY currency pair declined to the 102.60 mark.

Wed, 06 Jan 2021 11:39:02 GMT

GBP/USD could go upwards

The GBP/USD exchange rate managed to raise the 1.3660 level.

Wed, 06 Jan 2021 11:23:59 GMT

EUR/USD trades at 1.2340

During Tuesday morning hours, the EUR/USD currency pair raised to the psychological level at 1.2340.

Wed, 06 Jan 2021 08:41:57 GMT

NZD/USD bulls could prevail

The New Zealand Dollar has surged by 128 pips or 1.78% against the US Dollar since yesterday's trading session.

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