Technical Analysis

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Thu, 30 Jul 2020 10:38:11 GMT

GBP/USD pierced weekly R2

Yesterday, the GBP/USD exchange rate tested the resistance level formed by the weekly R2 at 1.2992. During Thursday morning, the rate pierced the given resistance.

Thu, 30 Jul 2020 10:33:17 GMT

EUR/USD tests support level

On Wednesday, the EUR/USD currency pair raised to the 1.1800 level. During today's morning, the pair was testing the support formed by the 55-hour SMAs and the weekly R1 at 1.1742.

Thu, 30 Jul 2020 09:03:00 GMT

NZD/USD breaks channel

The New Zealand Dollar has declined by 56 basis points or 0.84% against the US Dollar since Wednesday's trading session. The currency pair tested the weekly pivot point at 0.6622 on Thursday morning.

Thu, 30 Jul 2020 08:44:39 GMT

USD/CAD breakout occurs

The US Dollar declined by 46 basis points or 0.34% against the Canadian Dollar on Wednesday. The 100– hour simple moving average pressured the exchange rate lower during yesterday's trading session.

Thu, 30 Jul 2020 08:16:59 GMT

AUD/USD could make brief retracement

The Australian Dollar surged by 39 basis points or 0.54% against the US Dollar on Wednesday. The 50– hour simple moving average provided support for the currency pair during Wednesday's trading session.

Thu, 30 Jul 2020 07:18:35 GMT

EUR/JPY bulls likely to prevail

The common European currency surged by 51 basis points or 0.41% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.

Wed, 29 Jul 2020 09:45:08 GMT

XAU/USD consolidates at 1,960.00

Yesterday, the XAU/USD exchange rate reversed north from the 55-hour SMA. During Wednesday morning, the rate was testing the 1,960.00 level.

Wed, 29 Jul 2020 09:37:05 GMT

USD/JPY declined below 105.00

On Tuesday, the USD/JPY currency pair declined to the Fibo 23.60% at 105.03. During today's morning, the pair pierced the given support.

Wed, 29 Jul 2020 09:27:01 GMT

GBP/USD to test weekly R2

Yesterday, the GBP/USD exchange rate raised to the 1.2950 level. During Wednesday morning, the rate exceeded the given level.

Wed, 29 Jul 2020 09:16:21 GMT

EUR/USD consolidated in 1.1730 area

On Tuesday, the EUR/USD currency pair consolidated in the 1.1730 area. During today's morning, the pair reversed north.

Wed, 29 Jul 2020 08:25:06 GMT

NZD/USD likely to edge higher

The New Zealand Dollar declined by 55 points or 0.83% against the US Dollar on Tuesday. The currency pair tested the support level at 0.6630 during yesterday's trading session.

Wed, 29 Jul 2020 07:40:48 GMT

USD/CAD awaits FOMC statement

The US Dollar surged by 68 points or 0.51% against the Canadian Dollar on Tuesday. The bullish run was stopped by the 100– hour simple moving average during yesterday's trading session.

Wed, 29 Jul 2020 07:30:29 GMT

AUD/USD awaits Fed's statement

The Australian Dollar surged by 43 points or 0.60% against the US Dollar on Tuesday. The 50– and 100– hour SMAs provided support for the currency pair during Tuesday's trading session.

Wed, 29 Jul 2020 06:27:33 GMT

EUR/JPY breakout occurs

The single European currency declined by 82 points or 0.66% against the Japanese Yen on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Tue, 28 Jul 2020 08:52:20 GMT

XAU/USD touched 1,980.00

Yesterday, the XAU/USD exchange rate raised to the 1,980.00 level. During today's morning, the rate reversed south.

Tue, 28 Jul 2020 08:44:34 GMT

USD/JPY tests 55-hour SMA

On Monday, the USD/JPY currency pair consolidated around the weekly S1 at 105.37. During today's morning, the pair was testing the 55-hour SMA near 105.75.

Tue, 28 Jul 2020 08:38:52 GMT

NZD/USD breaks 50– and 100– hour SMAs

The New Zealand Dollar surged by 48 pips or 0.73% against the US Dollar on Monday. The currency pair breached the 0.6700 mark during the Asian session on Tuesday.

Tue, 28 Jul 2020 08:36:17 GMT

GBP/USD remains below weekly R1

Yesterday, the GBP/USD exchange rate tested the weekly R1 at 1.2893. During Tuesday morning, the rate reversed south.

Tue, 28 Jul 2020 08:26:39 GMT

EUR/USD supported by 55-hour SMA

On Monday, the EUR/USD currency pair raised above the 1.1750 level. During today's morning, the pair reversed south.

Tue, 28 Jul 2020 08:20:53 GMT

USD/CAD tests 50– hour SMA

The US Dollar surged by 60 pips or 0.45% against the Canadian Dollar on Monday. The currency pair tested the monthly S1 at 1.3325 during Monday's trading session.

Tue, 28 Jul 2020 07:31:08 GMT

AUD/USD buying signals

The Australian Dollar surged by 53 pips or 0.75% against the US Dollar on Monday. The currency pair tested the 0.7160 level during the first part of Tuesday's trading session.

Tue, 28 Jul 2020 07:12:31 GMT

EUR/JPY remains near 124.00

The common European currency surged by 61 pips or 0.50% against the Japanese Yen on Monday. The currency pair tested the 123.90 level during yesterday's trading session.

Mon, 27 Jul 2020 09:44:22 GMT

XAU/USD pierced monthly R3

At the end of last week, the XAU/USD exchange rate raised to the 1,920.00 level. During Monday morning, the rate pierced the monthly R3 at 1,936.76.

Mon, 27 Jul 2020 09:31:37 GMT

USD/JPY declined below 106.00

On Friday, the USD/JPY currency pair declined below 106.00. During today's morning, the pair was testing the weekly S1 at 105.87.

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