- Thu, 10 Jun 2021 05:26:53 GMT
GBP/USD breakout occurs
PositionsTodayYesterdayChange Longs26%28%-7.7% Shorts74%72%2.7% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]On Wednesday, the British Pound fell by 77 pips or 0.54% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session.[/ANNOUNCE]Given that a breakout has occurred, bearish traders are likely to continue to drive the price lower during the following
- Thu, 10 Jun 2021 05:06:26 GMT
EUR/USD bears could prevail
PositionsTodayYesterdayChange Longs42%41%2.5% Shorts58%59%-1.8% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE]On Wednesday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair fell below the 55-, 100 and 200– hour SMAs during Wednesday's trading session.[/ANNOUNCE]The exchange rate is likely to continue to edge lower during the following trading session. The potential target
- Wed, 09 Jun 2021 08:20:08 GMT
XAU/USD decline likely to continue
PositionsTodayYesterdayChange Longs47%48%-1.0% Shorts53%52%0.9% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇗⇒⇗ [ANNOUNCE]The yellow metal plunged by 145 pips or 0.76% against the US Dollar on Tuesday. The decline was stopped by the 55– and 100– hour SMAs during yesterday's trading session.[/ANNOUNCE]As for the near future, the commodity could continue to edge lower. Bearish traders are likely to pressure the XAU/USD pair
- Wed, 09 Jun 2021 07:29:40 GMT
USD/JPY likely to continue to edge up
PositionsTodayYesterdayChange Longs32%31%3.2% Shorts68%69%-1.5% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇒ [ANNOUNCE]The US Dollar edged higher by 26 pips or 0.24% against the Japanese Yen on Tuesday. The 55– hour simple moving average provided resistance for the exchange rate during yesterday's trading session.[/ANNOUNCE]Everything being equal, the currency pair is likely to continue to edge up during the following trading session. The
- Wed, 09 Jun 2021 06:58:48 GMT
GBP/USD could target 1.4220
PositionsTodayYesterdayChange Longs26%28%-7.7% Shorts74%72%2.7% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]During the first half of Tuesday's trading session, the GBP/USD currency pair declined by 58 pips or 0.41%. The exchange rate rebounded from the lower boundary of an ascending channel pattern at the end of the day.[/ANNOUNCE]By and large, the British Pound could continue to trend higher during the following
- Wed, 09 Jun 2021 06:33:41 GMT
EUR/USD remains stable
PositionsTodayYesterdayChange Longs42%41%2.5% Shorts58%59%-1.8% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE]During Tuesday's trading session, the EUR/USD currency pair traded with low volume. The exchange rate bounced between the 55– hour SMA at 1.2170 and the 200– hour moving average at 1.2185 on Tuesday.[/ANNOUNCE]All things being, the Eurozone currency could edge higher against the US Dollar during the following trading
- Tue, 08 Jun 2021 08:19:25 GMT
USD/CAD two scenarios likely
PositionsTodayYesterdayChange Longs73%70%4.3% Shorts27%30%-11.9% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)BuyNeutralBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellBuySell Aggregate⇗⇒⇒ [ANNOUNCE]During Monday's trading session, the US Dollar declined by 39 pips or 0.32% against the Canadian Dollar. The currency pair breached the 200– hour simple moving average on Monday.[/ANNOUNCE]The exchange rate is currently trading near the lower boundary of an ascending channel pattern at 1.2083.If the channel pattern holds, the
- Tue, 08 Jun 2021 07:50:12 GMT
GBP/JPY bears could prevail
PositionsTodayYesterdayChange Longs29%28%2.8% Shorts71%72%-1.1% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]The British Pound declined by 63 pips or 0.40% against the Japanese Yen on Monday.[/ANNOUNCE] The currency pair tested the weekly support level at 154.55 during yesterday's trading session.As for the near future, the exchange rate could continue to edge lower in a descending channel pattern. Bearish traders might target
- Tue, 08 Jun 2021 06:47:27 GMT
AUD/USD consolidates below 0.7760
PositionsTodayYesterdayChange Longs51%56%-10.1% Shorts49%44%10.4% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇘⇗ [ANNOUNCE]The AUD/USD currency pair consolidated below the 0.7760 level during yesterday's trading session. The Aussie made about 33 pips movement or 0.42% against the Greenback on Monday.[/ANNOUNCE]Everything being equal, the exchange rate is likely to continue to trade within the 0.7770/0.7718 levels during the following trading session.On the other
- Tue, 08 Jun 2021 06:27:32 GMT
EUR/JPY bounces off weekly S1
PositionsTodayYesterdayChange Longs25%27%-5.3% Shorts75%73%1.8% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)BuyNeutralSell Stochastic(5;3;3)NeutralBuySell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇗⇒ [ANNOUNCE]The EUR/JPY currency pair bounced off the support level at 132.87 during yesterday's trading session.[/ANNOUNCE] As a result, the common European currency surged by 36 pips or 0.27% against the Japanese Yen on Monday.All things being equal, the exchange rate could continue to edge higher. A breakout through the
- Tue, 08 Jun 2021 06:03:39 GMT
XAU/USD bulls likely to prevail
PositionsTodayYesterdayChange Longs48%50%-3.9% Shorts52%50%3.6% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]On Monday, the yellow metal surged by 163 pips or 0.87% against the US Dollar. The commodity breached the 55-, 100– and 200– hour SMAs during Monday's trading session.[/ANNOUNCE]The XAU/USD pair could continue to trend bullish during the following trading session. The potential target for buyers will be near the
- Tue, 08 Jun 2021 05:45:18 GMT
USD/JPY bounces off support
PositionsTodayYesterdayChange Longs30%35%-16.1% Shorts70%65%7.0% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuySellSell Aggregate⇗⇒⇒ [ANNOUNCE]During yesterday's trading session, the US Dollar declined by 37 pips or 0.34% against the Japanese Yen. The currency pair tested the weekly support level at 109.16 on Monday.[/ANNOUNCE]The exchange rate bounced off the weekly S1 at 109.16 during the Asian session on Tuesday. Most likely, the USD/JPY pair could
- Tue, 08 Jun 2021 05:10:05 GMT
GBP/USD tests resistance at 1.4189
PositionsTodayYesterdayChange Longs26%31%-20.1% Shorts74%69%7.0% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇘⇑⇗ [ANNOUNCE]On Monday, the GBP/USD exchange rate surged by 73 pips or 0.52%. The currency pair tested the upper line of an ascending channel pattern during yesterday's trading session.[/ANNOUNCE]The British Pound is likely to continue to climb against the US Dollar during the following trading session. The possible target for bullish
- Tue, 08 Jun 2021 04:51:36 GMT
EUR/USD passes 55-, 100– and 200– hour SMAs
PositionsTodayYesterdayChange Longs41%43%-5.2% Shorts59%57%3.5% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]On Monday, the EUR/USD currency pair breached the 55, 100– and 200– hour SMAs. The exchange rate surged by 47 pips or 0.39% during Monday's trading session.[/ANNOUNCE]The Euro could continue to strengthen against the US Dollar during the following trading session. Buyers are likely to push the price towards
- Mon, 07 Jun 2021 07:36:16 GMT
USD/CAD sets for breakout
PositionsTodayYesterdayChange Longs73%70%4.3% Shorts27%30%-11.9% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)BuyNeutralBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellBuySell Aggregate⇗⇒⇒ [ANNOUNCE]The USD Dollar plunged by 61 pips or 0.50% against the Canadian Dollar on Friday. The decline was stopped by the 200– hour simple moving average during Friday's trading session.[/ANNOUNCE]Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern and could be set for a
- Mon, 07 Jun 2021 07:21:11 GMT
GBP/JPY decline likely to continue
PositionsTodayYesterdayChange Longs29%28%2.8% Shorts71%72%-1.1% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]The British Pound declined by 60 pips or 0.39% against the Japanese Yen on Friday. The currency pair breached the 50– and 200– hour SMAs during Friday's trading session.[/ANNOUNCE]All things being equal, the exchange rate could continue to edge lower during the following trading session. A breakout could occur through
- Mon, 07 Jun 2021 06:54:15 GMT
AUD/USD could make brief retracement
PositionsTodayYesterdayChange Longs51%56%-10.1% Shorts49%44%10.4% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇘⇗ [ANNOUNCE]Upside risks pressured the Australian Dollar against the US Dollar on Friday. As a result, the AUD/USD exchange rate surged by 92 pips or 1.20% during Friday's trading session.[/ANNOUNCE]Technical indicators suggest selling signals on the daily time-frame chart. Most likely, the currency pair could make a retracement towards the 50–
- Mon, 07 Jun 2021 05:59:06 GMT
EUR/JPY remains near 133.20
PositionsTodayYesterdayChange Longs25%27%-5.3% Shorts75%73%1.8% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)BuyNeutralSell Stochastic(5;3;3)NeutralBuySell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇗⇒ [ANNOUNCE]Downside risks dominated the Eurozone single currency against the Japanese Yen on Friday.[/ANNOUNCE] As a result, the EUR/JPY currency pair declined by 65 pips or 0.49% during Friday's trading session.Currently, the exchange rate is trading near a support line at 133.13. If the support level holds, bullish traders could
- Fri, 04 Jun 2021 13:03:02 GMT
Gold reacts to US employment data
The yellow metal's price fulfilled a bearish scenario on Thursday, as it passed the 1,890.00 level and sharply dropped to the 1,865.00 level. Moreover, on Friday morning the rate reached the support zone of the mid-May high and low levels at 1,852.25/1,856.50. However, the rate recovered from the 1,852.25/1,856.50 zone. Moreover, at mid-day on Friday the commodity price jumped, as the
- Fri, 04 Jun 2021 12:52:05 GMT
USD/JPY reaches above 110.20
During late Thursday's trading hours, the USD/JPY reached above the resistance of the zone just below the 110.00 level and the 110.20 mark. After passing the resistance levels, the rate began to consolidate by trading sideways. At mid-day on Friday, the consolidation ended, as the pair dropped at 12:30 GMT. At that time the US monthly employment data sets were released
- Fri, 04 Jun 2021 12:18:11 GMT
GBP/USD bounces off 1.4200
The GBP/USD rate made a failed attempt at passing the resistance of the 1.4200 level. It was followed up by a sharp decline below the support zone of the late May low levels at 1.4100/1.4095. Meanwhile, Dukascopy Analytics spotted that the rate has been fluctuating in the borders of a channel down pattern since May 28. In the case of
- Fri, 04 Jun 2021 11:49:24 GMT
EUR/USD passes support levels
On Thursday, the EUR/USD passed the support zone above the 1.2160 mark. It resulted in a decline, which by the middle of Friday's GMT trading hours had reached the 1.2105 level. In the near term future, the currency exchange rate could look for support in the 1.2100 level, as round exchange rate levels have been providing impact on the rate. In
- Fri, 04 Jun 2021 07:35:51 GMT
USD/CAD awaits NFP
PositionsTodayYesterdayChange Longs70%72%-1.9% Shorts30%28%4.5% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)SellNeutralBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuySellSell Aggregate⇗⇘⇒ [ANNOUNCE]Upside risks dominated the US Dollar against the Canadian Dollar on Thursday. As a result, the USD/CAD currency pair surged by 88 pips or 0.73% during Thursday's trading session.[/ANNOUNCE]Given that the exchange rate has breached the descending channel pattern, bullish traders are likely to drive the price higher during the
- Fri, 04 Jun 2021 07:04:32 GMT
GBP/JPY tests 50– hour SMA
PositionsTodayYesterdayChange Longs28%27%4.1% Shorts72%73%-1.6% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗` [ANNOUNCE]The British Pound fell by 44 pips or 0.28% against the Japanese Yen on Thursday. The decline was stopped by the 50– hour simple moving average during Thursday's trading session.[/ANNOUNCE]The exchange rate is currently trading near a support level formed by the 50– hour SMA at 155.38.If the support level