Technical Analysis

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Fri, 08 Jan 2021 08:51:25 GMT

AUD/USD could edge higher

The Australian Dollar declined by 85 basis points or 1.08% against the US Dollar on Thursday. The decline was stopped by the 100– hour simple moving average at 0.7740 during yesterday's trading session.

Fri, 08 Jan 2021 07:33:33 GMT

EUR/JPY bulls likely to prevail

The common European currency surged by 48 basis points or 0.38% against the Japanese Yen on Thursday. The currency pair tested the 127.40 level during yesterday's trading session.

Thu, 07 Jan 2021 11:07:29 GMT

XAU/USD trades below 1,930.00

Yesterday, the XAU/USD exchange rate tumbled to the 1,905.00 mark.

Thu, 07 Jan 2021 10:41:39 GMT

USD/JPY trades at 103.60

During Thursday morning hours, the USD/JPY currency pair raised to the 103.60 level.

Thu, 07 Jan 2021 10:31:42 GMT

GBP/USD could trade sideways

The GBP/USD exchange rate has revealed a descending triangle pattern.

Thu, 07 Jan 2021 10:22:56 GMT

EUR/USD to test weekly PP

The EUR/USD currency pair bounced off the resistance level at 1.2340 and dropped below 1.2260.

Thu, 07 Jan 2021 09:30:27 GMT

NZD/USD two scenarios likely

The New Zealand Dollar edged higher by 71 points or 0.98% against the US Dollar on Wednesday. The currency pair tested the upper boundary of an ascending channel pattern at 0.7320 during yesterday's trading session.

Thu, 07 Jan 2021 08:54:28 GMT

USD/CAD likely to maintain channel

The USD/CAD currency pair bounced off the lower boundary of a descending channel pattern at 1.2636 on Wednesday. As a result, the US Dollar surged by 66 points or 0.53% against the Canadian Dollar.

Thu, 07 Jan 2021 08:03:21 GMT

AUD/USD buying signals

The Australian Dollar surged by 68 points or 0.88% against the US Dollar on Wednesday. The currency pair tested the upper line of an ascending channel pattern at 0.7820 during Wednesday's trading session.

Thu, 07 Jan 2021 07:33:31 GMT

EUR/JPY could edge higher

The common European currency surged by 87 points or 0.69% against the Japanese Yen on Wednesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.

Wed, 06 Jan 2021 11:59:30 GMT

XAU/USD trades near 1,960.00

During today's morning hours, the XAU/USD raised to the 1,960.00 mark.

Wed, 06 Jan 2021 11:47:23 GMT

USD/JPY remains below 103.00

Yesterday, the USD/JPY currency pair declined to the 102.60 mark.

Wed, 06 Jan 2021 11:39:02 GMT

GBP/USD could go upwards

The GBP/USD exchange rate managed to raise the 1.3660 level.

Wed, 06 Jan 2021 11:23:59 GMT

EUR/USD trades at 1.2340

During Tuesday morning hours, the EUR/USD currency pair raised to the psychological level at 1.2340.

Wed, 06 Jan 2021 08:41:57 GMT

NZD/USD bulls could prevail

The New Zealand Dollar has surged by 128 pips or 1.78% against the US Dollar since yesterday's trading session.

Wed, 06 Jan 2021 08:04:39 GMT

USD/CAD bears likely to pressure

The US Dollar edged lower by 122 pips or 0.96% against the Canadian Dollar on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 1.2665 during yesterday's trading session.

Wed, 06 Jan 2021 07:44:02 GMT

AUD/USD breakout could occur

The Australian Dollar has edgd higher by 134 pips or 1.75% against the US Dollar since Tuesday's trading sessions.

Wed, 06 Jan 2021 07:31:46 GMT

EUR/JPY breakout occurs

The Eurozone single currency declined by 43 pips or 0.34% against the Japanese Yen on Tuesday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.

Tue, 05 Jan 2021 10:45:27 GMT

XAU/USD trades at 1,945.00

Since Monday afternoon, the XAU/USD exchange rate has been consolidating near 1,945.00.

Tue, 05 Jan 2021 10:32:21 GMT

USD/JPY could trade downwards

On Monday, the USD/JPY currency pair failed to exceed the psychological level at 103.20.

Tue, 05 Jan 2021 10:19:43 GMT

GBP/USD remains above 1.3550

Yesterday, the GBP/USD exchange rate breached the rising wedge pattern south.

Tue, 05 Jan 2021 10:13:46 GMT

EUR/USD to re-test 1.2310 mark

On Monday, the EUR/USD currency pair reversed south from the resistance level at 1.2310.

Tue, 05 Jan 2021 09:32:55 GMT

NZD/USD likely to maintain channel

The New Zealand Dollar fell by 70 basis points or 0.96% against the US Dollar on Monday. The currency pair tested the lower line of an ascending channel pattern at 0.7158 during yesterday's trading session.

Tue, 05 Jan 2021 08:01:15 GMT

USD/CAD breakout could occur

The USD/CAD currency pair bounced off from the lower line of a descending channel pattern at 1.2665 on Monday. As a result, the US Dollar rose by 100 basis points or 0.85% during yesterday's trading session.

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