Technical Analysis

Note: This section contains information in English only.
Mon, 07 Sep 2020 09:39:57 GMT

XAU/USD might go downwards

During previous trading session, the XAU/USD exchange rate touched the 1,920.00 level. During Monday morning, the rate pierced the 55-hour SMA near 1,935.00.

Mon, 07 Sep 2020 09:29:23 GMT

USD/JPY remains below 106.40

On Friday, the USD/JPY currency pair tried to exceed the 106.40 level. During today's morning, the pair was testing the 100-hour SMA near 106.20.

Mon, 07 Sep 2020 09:21:21 GMT

GBP/USD could trade downwards

During the end of last week, the GBP/USD exchange rate re-tested the 1.3200 level. During Monday morning, the rate pierced the given level.

Mon, 07 Sep 2020 09:13:53 GMT

EUR/USD pressured by 55-hour SMA

On Friday, the EUR/USD currency pair re-tested the lower line of the medium-term ascending channel. During today's morning, the pair was testing the resistance formed by the 55-hour SMA.

Mon, 07 Sep 2020 09:08:54 GMT

NZD/USD likely to maintain channel

The New Zealand Dollar is currently trading in a short-term descending channel pattern against the US Dollar. The currency pair made about 62 points move during Friday's trading session.

Mon, 07 Sep 2020 08:55:50 GMT

USD/CAD decline could continue

The US Dollar declined by 91 points or 0.69% against the Canadian Dollar on Friday. The currency pair failed to surpass the upper boundary of a descending channel pattern during Friday's trading session.

Mon, 07 Sep 2020 08:18:57 GMT

AUD/USD two scenarios likely

The Australian Dollar declined by 66 points or 0.91% against the US Dollar during the first half of Friday's trading session. However, the currency pair regained the lost positions at the end of the session.

Mon, 07 Sep 2020 08:06:43 GMT

EUR/JPY remains within range

The EUR/JPY currency pair traded between the range of 125.97/125.40 during Friday's trading session. The exchange rate breached the lower boundary of an ascending channel pattern on Friday.

Fri, 04 Sep 2020 09:28:51 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate traded sideways in the 1,935.00 area. During Friday morning, the rate maintained its consolidation.

Fri, 04 Sep 2020 09:23:31 GMT

USD/JPY remains below weekly R1

On Thursday, the USD/JPY currency pair tested the support formed by the 200-hour SMA and the monthly PP at 106.02. During today's morning, the pair continued to test the given resistance.

Fri, 04 Sep 2020 09:16:22 GMT

GBP/USD might consolidate

Yesterday, the GBP/USD exchange rate tested the support level formed by the weekly and monthly PPs at 1.3250. During Friday morning, the rate reversed north.

Fri, 04 Sep 2020 09:10:19 GMT

EUR/USD tests resistance level

On Thursday, the EUR/USD currency pair reversed north from the lower line of the medium-term ascending channel. During today's morning, the pair was testing the resistance formed by the weekly and monthly PPs, as well the 200-hour SMAs at 1.1860.

Fri, 04 Sep 2020 07:37:55 GMT

NZD/USD targets at 0.6665

The Australian Dollar declined by 83 pips or 1.23% against the US Dollar on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Fri, 04 Sep 2020 07:12:03 GMT

USD/CAD breakout could occur

The US Dollar surged by 85 pips or 0.65% against the Canadian Dollar on Thursday. The currency pair tested the weekly pivot point at 1.3127 during yesterday's trading session.

Fri, 04 Sep 2020 06:26:21 GMT

AUD/USD breaches support cluster at 0.7290

The Australian Dollar declined by 65 pips or 0.89% against the US Dollar on Thursday. The currency pair breached a support cluster formed by the weekly and the monthly PPs at 0.7284 during Thursday's trading session.

Fri, 04 Sep 2020 06:11:52 GMT

EUR/JPY remains near 200– hour SMA

The 200– hour simple moving average provided resistance for the Eurozone single currency against the Japanese Yen on Thursday.

Thu, 03 Sep 2020 10:18:19 GMT

XAU/USD trades at 1,930.00

Yesterday, the XAU/USD exchange rate dropped to the 1,935.00 level. During Thursday morning, the rate declined to 1,930.00.

Thu, 03 Sep 2020 10:04:17 GMT

USD/JPY remains below weekly R1

On Wednesday, the USD/JPY currency pair consolidated in the 106.20 area. During today's morning, the pair maintained its consolidation.

Thu, 03 Sep 2020 09:50:39 GMT

GBP/USD could trade sideways

Yesterday, the GBP/USD exchange rate failed to decline below the 1.2800 level. During Thursday morning, the rate was trading at 1.3300.

Thu, 03 Sep 2020 09:42:05 GMT

EUR/USD could go upwards

On Wednesday, the EUR/USD currency pair traded downwards. During today's morning, the pair re-tested the lower line of the medium-term ascending channel circa 1.1790.

Thu, 03 Sep 2020 08:13:09 GMT

NZD/USD two scenarios likely

The New Zealand Dollar declined by 43 basis points or 0.64% against the US Dollar on Wednesday. The currency pair tested the lower boundary of an ascending channel pattern on Thursday morning.

Thu, 03 Sep 2020 07:38:49 GMT

USD/CAD could target 200– hour SMA

The US Dollar declined by 45 basis points or 0.35% against the Canadian Dollar on Wednesday. The decline was stopped by the 50– hour simple moving average at 1.3052 during Wednesday's trading session.

Thu, 03 Sep 2020 07:03:51 GMT

AUD/USD approaching support cluster

The Australian Dollar has declined by 81 basis points or 1.09% against the US Dollar since yesterday's trading session. The currency pair breached the lower boundary of an ascending channel pattern on Wednesday.

Thu, 03 Sep 2020 06:42:09 GMT

EUR/JPY breakout occurs

The common European currency has declined by 93 basis points or 0.74% against the Japanese Yen since Wednesday's trading session.

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