Technical Analysis

Note: This section contains information in English only.
Wed, 19 Aug 2020 07:52:26 GMT

USD/CAD breakout could occur

The US Dollar declined by 70 points or 0.53% against the Canadian Dollar on Tuesday. The currency pair was pressured lower by the 50– and 100– hour SMAs during yesterday's trading session.

Wed, 19 Aug 2020 07:18:16 GMT

AUD/USD likely to maintain narrow channel

The Australian Dollar is currently trading in a narrow ascending channel pattern against the US Dollar. The currency pair breached the weekly R2 at 0.7236 during Tuesday's trading session.

Wed, 19 Aug 2020 06:58:23 GMT

EUR/JPY two scenarios likely

The common European currency surged by 55 points or 0.44% against the Japanese Yen on Tuesday. The currency pair tested the 100– hour simple moving average at 126.00 during yesterday's trading session.

Tue, 18 Aug 2020 09:42:16 GMT

XAU/USD exceeded 2,000.00

Yesterday, the XAU/USD exchange rate raised to the 200-hour SMA near 1,990.00. During Tuesday morning, the rate exceeded the given moving average.

Tue, 18 Aug 2020 09:25:39 GMT

USD/JPY trades at 105.60

On Monday, the USD/JPY currency pair depreciated significantly. During today's morning, the pair was trading at 105.60.

Tue, 18 Aug 2020 09:15:57 GMT

GBP/USD could re-test medium-term trend

Yesterday, the GBP/USD exchange rate raised to the 1.3140 level. During Tuesday morning, the rate exceeded the weekly R1 at 1.3152.

Tue, 18 Aug 2020 09:08:01 GMT

EUR/USD could continue to appreciate

On Monday, the EUR/USD currency pair traded upwards within the rising wedge pattern. During today's morning, the pair pierced the weekly R1 at 1.1901.

Tue, 18 Aug 2020 07:58:09 GMT

NZD/USD could still edge higher

The New Zealand Dollar surged by 52 pips or 0.79% against the US Dollar on Monday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Tue, 18 Aug 2020 07:32:25 GMT

USD/CAD tests weekly S1

The US Dollar has declined by 89 pips or 0.67% against the Canadian Dollar since Monday's trading session. The currency pair was pressured lower by the 100– hour simple moving average.

Tue, 18 Aug 2020 07:14:30 GMT

AUD/USD breakout occurs

The Australian Dollar surged by 53 pips or 0.72% against the US Dollar on Monday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

Tue, 18 Aug 2020 06:33:55 GMT

EUR/JPY tests 200– hour SMA

The single Eurozone currency declined by 62 pips or 0.49% against the Japanese Yen on Monday. The currency pair tested the 200– hour simple moving average at 125.47 on Tuesday morning.

Mon, 17 Aug 2020 09:20:22 GMT

XAU/USD consolidates at 1,950.00 area

Since Friday, the XAU/USD exchange rate has been trading sideways in the 1,950.00 area.

Mon, 17 Aug 2020 09:12:13 GMT

USD/JPY pressured by 55– and 100-hour SMAs

On Friday, the USD/JPY currency pair traded downwards. During today's morning, the pair was testing the weekly PP at 106.47.

Mon, 17 Aug 2020 09:03:29 GMT

GBP/USD tests support area

At the end of last week, the GBP/USD exchange rate touched the 1.3140 level. During Monday morning, the rate was testing the support area formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP circa 1.3075.

Mon, 17 Aug 2020 08:56:31 GMT

EUR/USD revealed rising wedge pattern

On Friday, the EUR/USD currency pair revealed a rising wedge pattern. During today's morning, the pair re-tested the 1.1860 level.

Mon, 17 Aug 2020 08:27:19 GMT

NZD/USD two scenarios likely

The New Zealand Dollar gained 31 basis points or 0.48% against the US Dollar on Friday. The currency pair tested the 50– hour simple moving average at 0.6558 during Friday's trading session.

Mon, 17 Aug 2020 07:58:36 GMT

USD/CAD bulls likely to prevail

The US Dollar surged by 58 basis points or 0.44% against the Canadian Dollar on Friday. The currency pair tested the 100– hour simple moving average at 1.3263 during Friday's trading session.

Mon, 17 Aug 2020 07:06:34 GMT

AUD/USD breakout could occur

The Australian Dollar surged by 40 basis points or 0.57% against the US Dollar on Friday. The currency pair breached the 200– hour simple moving average during Friday's trading session.

Mon, 17 Aug 2020 06:47:41 GMT

EUR/JPY remains near 126.50

The common European currency made about 57 basis points or 0.45% move against the Japanese Yen on Friday. The currency pair tested the weekly pivot point at 125.76 during Friday's trading session.

Fri, 14 Aug 2020 09:40:38 GMT

XAU/USD could consolidate

Yesterday, the XAU/USD exchange rate reversed north from the monthly PP at 1,907.07. During Friday morning, the rate was trading at 1,950.00.

Fri, 14 Aug 2020 09:31:29 GMT

USD/JPY trades below 107.00

On Thursday, the USD/JPY currency pair raised to the weekly R2 at 107.08. During today's morning, the pair reversed south.

Fri, 14 Aug 2020 09:20:37 GMT

GBP/USD tests 200-hour SMA

Yesterday, the GBP/USD exchange rate re-tested the psychological level at 1.3120. During Friday morning, the rate was testing the 200-hour SMA near 1.3080.

Fri, 14 Aug 2020 09:11:55 GMT

EUR/USD tests support level

On Thursday, the EUR/USD currency pair reversed south from the psychological level at 1.1860. During today's morning, the pair was testing the support formed by the 55– and 200-hour SMAs, as well the weekly PP at 1.1800.

Fri, 14 Aug 2020 08:16:56 GMT

NZD/USD breakout likely to occur

The New Zealand Dollar surged by 58 points or 0.88% against the US Dollar on Thursday. The currency pair tested the lower boundary of a descending channel pattern at 0.6535 on Friday morning.

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