Technical Analysis

Note: This section contains information in English only.
Mon, 01 Jun 2020 07:58:36 GMT

AUD/USD tests channel pattern

The Australian Dollar has surged by 142 basis points or 2.15% against the US Dollar since Friday's trading session. The currency pair tested the upper boundary of an ascending channel pattern at 0.6763 on Monday morning.

Mon, 01 Jun 2020 07:35:24 GMT

EUR/JPY breakout occurs

The Eurozone single currency surged by 101 basis points or 0.85% against the Japanese Yen on Friday. The currency pair breached the upper boundary of an ascending channel pattern during Friday's trading session.

Fri, 29 May 2020 10:42:43 GMT

XAU/USD could consolidate

Yesterday, the XAU/USD exchange rate traded sideways in the 1,720.00 area. During Friday morning, the rate was testing the 200-hour SMA near 1,730.00.

Fri, 29 May 2020 10:03:54 GMT

USD/JPY breached short-term channel south

On Thursday, the USD/JPY currency pair declined to the lower line of the short-term ascending channel. During today's morning, the pair breached the given channel south and dropped to the weekly S1 at 107.12.

Fri, 29 May 2020 09:53:20 GMT

GBP/USD tests support area

Yesterday, the GBP/USD exchange rate tried to surpass the 1.2340 level. During Friday morning, the rate was testing the support formed by the 55-hour SMA, the weekly R1 and the monthly S1 in the 1.2290 area.

Fri, 29 May 2020 09:44:29 GMT

EUR/USD breached medium-term channel

On Thursday, the EUR/USD currency pair raised to the upper line of the medium-term channel at 1.1090. During today's morning, the pair breached the given channel north.

Fri, 29 May 2020 08:46:49 GMT

NZD/USD bounces off 50– hour SMA

During the first part of Thursday's trading session, the New Zeland Dollar surged by 50 pips or 0.81% against the US Dollar. However, the currency pair abandoned the initial gains at the end of the US session on Thursday.

Fri, 29 May 2020 08:32:25 GMT

USD/CAD consolidates below 1.3800

The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair consolidated below the 1.3800 area during Thursday's trading session.

Fri, 29 May 2020 08:01:38 GMT

AUD/USD two scenarios likely

During the first half of Thursday's trading session, the Australian Dollar surged by 75 pips or 1.14% against the US Dollar. However, the currency pair abandoned the earlier gains at the end of the day.

Fri, 29 May 2020 07:10:33 GMT

EUR/JPY could decline today

The common European currency surged by 88 pips or 0.75% against the Japanese Yen on Thursday. The currency pair tested the upper boundary of an ascending channel pattern at 119.37 during yesterday's trading session.

Thu, 28 May 2020 10:11:14 GMT

XAU/USD squeezed by 55– and 200-hour SMAs

On Wednesday, the XAU/USD exchange rate reversed north from the 1,700.00 level. During today's morning, the rate pierced the 100-hour SMA near 1,721.00.

Thu, 28 May 2020 10:02:33 GMT

USD/JPY could trade sideways

Yesterday, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel at 107.95. During Thursday morning, the pair declined to 107.70.

Thu, 28 May 2020 09:56:06 GMT

GBP/USD squeezed by moving averages

On Wednesday, the GBP/USD exchange rate revealed a medium-term ascending channel. During today's morning, the rate was trading at 1.2260.

Thu, 28 May 2020 09:45:53 GMT

EUR/USD tests weekly R1

The EUR/USD currency pair has revealed a medium-term ascending channel. During Thursday morning, the pair was testing the weekly R1 at 1.1010.

Thu, 28 May 2020 08:43:45 GMT

NZD/USD target at 0.6145

The New Zealand Dollar declined by 71 basis points or 1.14% against the US Dollar on Wednesday. The decline was stopped by the 50– hour simple moving average during Wednesday's trading session.

Thu, 28 May 2020 08:17:25 GMT

USD/CAD falling wedge pattern

The US Dollar has been trading between the range of 1.3818/1.3734 against the Canadian Dollar since Wednesday's trading sessions.

Thu, 28 May 2020 07:56:11 GMT

AUD/USD bounces off support

The Australian Dollar declined by 99 basis points or 1.48% against the US Dollar on Wednesday. The currency pair breached the 50– hour simple moving average during Wednesday's trading session.

Thu, 28 May 2020 07:38:41 GMT

EUR/JPY bullish momentum to continue

The Eurozone single currency surged by 105 basis points or 0.90% against the Japanese Yen on Wednesday. The currency pair breached the weekly resistance line at 118.67 during Wednesday's trading session.

Wed, 27 May 2020 09:52:08 GMT

XAU/USD tumbled to 1,705.00

Yesterday, the XAU/USD exchange rate tumbled to the 1,710.00 level. During Wednesday morning, the rate declined below the given level.

Wed, 27 May 2020 09:39:42 GMT

USD/JPY revealed ascending channel

On Tuesday, the USD/JPY currency pair revealed a short-term ascending channel. During today's morning, the pair reversed north from the lower channel line.

Wed, 27 May 2020 09:20:19 GMT

GBP/USD tests support level

Yesterday, the GBP/USD exchange rate touched the 1.2360 level. During Wednesday morning, the rate was testing the support formed by the weekly R1 and the monthly S1 at 1.2290.

Wed, 27 May 2020 09:12:37 GMT

EUR/USD dropped below 1.0960

On Tuesday, the EUR/USD currency pair raised to the 1.0995 level. During today's morning, the pair declined below 1.0960.

Wed, 27 May 2020 08:43:33 GMT

NZD/USD bullish momentum likely to continue

The New Zealand Dollar surged by 128 pips or 2.10% against the US Dollar on Tuesday. The currency pair breached the weekly resistance line at 0.6191 during yesterday's trading session.

Wed, 27 May 2020 08:13:25 GMT

USD/CAD selling bias

The US Dollar plunged more than 200 pips or 1.46% against the Canadian Dollar on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 1.3782 during Tuesday's trading session.

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