Technical Analysis

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Fri, 22 Jan 2021 07:08:07 GMT

AUD/USD decline likely to continue

The Australian Dollar declined by 28 pips or 0.36% against the US Dollar on Thursday. The currency pair reversed from the weekly R1 at 0.7780 during Thursday's trading session.

Fri, 22 Jan 2021 06:46:09 GMT

EUR/JPY breakout occurs

The common European currency surged by 59 pips or 0.47% against the Japanese Yen on Thursday. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session.

Thu, 21 Jan 2021 10:53:28 GMT

XAU/USD trades at 1,875.00

The XAU/USD exchange rate has raised to the 1,875.00 level.

Thu, 21 Jan 2021 10:38:28 GMT

USD/JPY trades below 103.60

Yesterday, the USD/JPY currency pair breached the symmetrical triangle pattern south.

Thu, 21 Jan 2021 10:32:13 GMT

GBP/USD tests rising wedge pattern

During today's morning, the GBP/USD exchange rate has been testing the upper line of the rising wedge pattern.

Thu, 21 Jan 2021 10:25:43 GMT

EUR/USD broke upper channel line

During Thursday morning hours, the EUR/USD currency pair broke the upper line of the medium-term descending channel.

Thu, 21 Jan 2021 07:42:54 GMT

NZD/USD breaks channel

The New Zealand Dollar jumped by 73 basis points or 1.03% against the US Dollar on Wednesday. The currency pair breached the upper line of a descending channel pattern on Thursday morning.

Thu, 21 Jan 2021 07:31:21 GMT

USD/CAD breakout occurs

The US Dollar fell by 120 basis points or 0.95% against the Canadian Dollar on Wednesday. A breakout occurred through the lower line of a narrow descending channel pattern during Wednesday's trading session.

Thu, 21 Jan 2021 07:13:29 GMT

AUD/USD remains near weekly R1

Australia's Dollar edged higher by 60 basis points or 0.78% against the US Dollar on Wednesday. The AUD/USD currency pair was pressured higher by the 50– hour simple moving average during yesterday's trading session.

Thu, 21 Jan 2021 06:53:06 GMT

EUR/JPY decline could continue

The single European currency declined by 81 basis points or 0.64% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 100– hour SMAs during Wednesday's trading session.

Wed, 20 Jan 2021 10:54:16 GMT

XAU/USD trades near 1,860.00

During Wednesday morning hours, the XAU/USD exchange rate broke the upper boundary of the short-term descending channel.

Wed, 20 Jan 2021 10:47:32 GMT

USD/JPY could continue to consolidate

The USD/JPY currency pair continues to move within the symmetrical triangle pattern.

Wed, 20 Jan 2021 10:41:27 GMT

GBP/USD tests 1.3700 level

During Wednesday morning hours, the GBP/USD exchange rate jumped to the resistance level at 1.3700.

Wed, 20 Jan 2021 10:33:36 GMT

EUR/USD could trade downwards

On Tuesday, the EUR/USD currency pair broke the falling wedge pattern. Also, the pair has revealed a medium-term descending channel.

Wed, 20 Jan 2021 09:30:17 GMT

NZD/USD tests 100– hour SMA

The New Zealand Dollar has surged by 44 points or 0.62% against the US Dollar since Tuesday's trading session. The currency pair tested the 100– hour simple moving average at 0.7148 during the London session on Wednesday.

Wed, 20 Jan 2021 07:51:44 GMT

USD/CAD decline likely to continue

The US Dollar declined by 36 points or 0.28% against the Canadian Dollar on Tuesday. The currency pair breached the 50, 100– and 200– hour SMAs during Tuesday's trading session.

Wed, 20 Jan 2021 07:23:58 GMT

AUD/USD supported by 50– hour SMA

The Australian Dollar has surged by 61 points or 0.79% against the US Dollar on Tuesday. The currency pair was supported by the 50– hour simple moving average during yesterday's trading session.

Wed, 20 Jan 2021 06:48:03 GMT

EUR/JPY breakout could occur

The common European currency surged by 90 points or 0.72% against the Japanese Yen on Tuesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Tue, 19 Jan 2021 10:01:24 GMT

XAU/USD likely to decline

The XAU/USD exchange rate has revealed a short-term descending channel.

Tue, 19 Jan 2021 09:55:20 GMT

USD/JPY trades within symmetrical triangle pattern

The USD/JPY currency pair has revealed a symmetrical triangle pattern.

Tue, 19 Jan 2021 09:48:44 GMT

GBP/USD could trade upwards

The GBP/USD exchange rate has revealed a rising wedge pattern.

Tue, 19 Jan 2021 09:36:30 GMT

EUR/USD trades within falling wedge pattern

The EUR/USD currency pair has revealed a falling wedge pattern.

Tue, 19 Jan 2021 07:47:46 GMT

NZD/USD remains near 0.7140

The New Zealand Dollar declined by 43 pips or 0.60% against the US Dollar on Monday. The NZD/USD currency pair tested the 0.7100 level during yesterday's trading session.

Tue, 19 Jan 2021 07:30:08 GMT

USD/CAD breakout occurs

The US Dollar has declined by 75 pips or 0.58% against the Canadian Dollar since yesterday's trading session. The currency pair breached the lower line of an ascending channel pattern during the Asian session on Tuesday.

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