Technical Analysis

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Thu, 17 Dec 2020 10:21:41 GMT

GBP/USD to test weekly R2

The GBP/USD exchange rate has surpassed the psychological level at 1.3550.

Thu, 17 Dec 2020 10:16:00 GMT

EUR/USD trades near 1.2240

During Thursday morning hours, the EUR/USD currency pair exceeded the weekly R2 at 1.2222.

Thu, 17 Dec 2020 09:14:10 GMT

NZD/USD two scenarios likely

The New Zealand Dollar versus the US Dollar bounced off from a support cluster at 0.7067 during yesterday's trading session. As a result, the NZD/USD currency pair has surged by 87 pips or 1.23% since Wednesday.

Thu, 17 Dec 2020 08:53:51 GMT

USD/CAD bears could prevail

The US Dollar surged by 59 pips or 0.47% against the Canadian Dollar on Wednesday. The currency pair pierced the 200– hour SMA resistance line at 1.2768 during Wednesday's trading session.

Thu, 17 Dec 2020 08:10:05 GMT

AUD/USD buying signals

The Australian Dollar has surged by 70 pips or 0.93% against the US Dollar since Wednesday's trading session. The currency pair was pressured up by the 50– and 100– hour SMAs.

Thu, 17 Dec 2020 07:40:27 GMT

EUR/JPY bounces off support

The EUR/JPY currency pair bounced off from the lower boundary of an ascending channel pattern at 125.73 during yesterday's trading session. As a result, the Euro surged by 51 pips or 0.40% against the Yen.

Wed, 16 Dec 2020 11:30:42 GMT

XAU/USD trades above 1,850.00

During today's morning, the XAU/USD exchange rate raised to the 1,865.00 level.

Wed, 16 Dec 2020 11:06:11 GMT

USD/JPY trades below 103.60

As apparent on the chart, the USD/JPY currency pair has declined below the weekly S2 at 103.41.

Wed, 16 Dec 2020 10:58:30 GMT

GBP/USD tests 1.3520 mark

During Wednesday morning hours, the GBP/USD exchange rate raised to the 1.3520 level.

Wed, 16 Dec 2020 10:48:39 GMT

EUR/USD trades at 1.2200

During Wednesday morning hours, the EUR/USD currency pair skyrocketed to 1.2210.

Wed, 16 Dec 2020 09:28:41 GMT

NZD/USD bounces off support

The NZD/USD currency pair bounced off from a support level formed by the 200– hour simple moving average at 0.7063 on Tuesday.

Wed, 16 Dec 2020 09:08:41 GMT

USD/CAD decline to continue

The US Dollar declined by 76 basis points or 0.59% against the Canadian Dollar on Tuesday. The decline was stopped by the weekly S1 at 1.2703 during yesterday's trading session.

Wed, 16 Dec 2020 08:05:49 GMT

AUD/USD bulls likely to prevail

The Australian Dollar surged by 60 basis points or 0.81% against the US Dollar on Tuesday. The 100– hour simple moving average pressured the currency pair higher during yesterday's trading session.

Wed, 16 Dec 2020 07:28:09 GMT

EUR/JPY breakout occurs

The common European currency declined by 61 basis points or 0.48% against the Japanese Yen on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Tue, 15 Dec 2020 11:06:24 GMT

XAU/USD could go upwards

Yesterday, the XAU/USD exchange rate reversed north from the 1,825.00 level.

Tue, 15 Dec 2020 10:58:59 GMT

USD/JPY trades below 104.20

Since Monday, the USD/JPY currency pair has been testing the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 104.15 area.

Tue, 15 Dec 2020 10:50:16 GMT

GBP/USD pressured by 100– and 200-hour SMAs

Yesterday, the GBP/USD exchange rate reversed south from the resistance level—the weekly R1 at 1.3431.

Tue, 15 Dec 2020 10:39:58 GMT

EUR/USD remains below 1.2180

On Monday, the EUR/USD currency pair re-tested the 2020 high at 1.2177.

Tue, 15 Dec 2020 09:39:37 GMT

NZD/USD targets at 0.7040

The New Zealand Dollar declined by 43 points or 0.61% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.

Tue, 15 Dec 2020 09:22:57 GMT

USD/CAD sells signal

The US Dollar surged by approximately 60 points or 0.56% against the Canadian Dollar on Monday. The currency pair breached a resistance cluster at 1.2768 during yesterday's trading session.

Tue, 15 Dec 2020 08:55:48 GMT

AUD/USD testing 100– hour SMA

The Australian Dollar declined by 46 points or 0.61% against the US Dollar on Monday.

Tue, 15 Dec 2020 07:59:21 GMT

EUR/JPY buying signals

The common European currency surged by 65 points or 0.52% against the Japanese Yen on Monday. The currency pair tested the weekly resistance level at 126.54 during yesterday's trading session.

Mon, 14 Dec 2020 11:07:16 GMT

XAU/USD trades above 1,820.00

On Friday, the XAU/USD exchange rate failed to exceed the 1,845.00 level.

Mon, 14 Dec 2020 10:53:27 GMT

USD/JPY trades below 103.80

During Monday morning hours, the USD/JPY currency pair pierced the weekly S1 at 103.76.

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