Technical Analysis

Note: This section contains information in English only.
Mon, 18 Mar 2019 10:04:00 GMT

EUR/USD might break PP at 1.1364

During Friday's trading session, the European Single Currency was supported by the 55-hour simple moving average to trade sideways at 1.1320. On Monday morning, the rate was located at the 1.1344 mark. 

Mon, 18 Mar 2019 10:01:18 GMT

AUD/USD moving towards target

The Australian Dollar has appreciated about 0.70% in values against the US Dollar since Friday's trading session. The currency pair tested a resistance level formed by the weekly R1 at 0.7116 during the morning hours of today's session. 

Mon, 18 Mar 2019 09:55:08 GMT

EUR/JPY bullish sentiment today

During Friday's trading session, the common European currency depreciated about 42 base points against the Japanese Yen. The decline was stopped by a support level formed by the 50-hour simple moving average at 126.15.

Fri, 15 Mar 2019 10:39:55 GMT

XAU/USD will surge to 1,300.00

During Thursday's trading session, the yellow metal passed the 55-hour and the 100-hour simple moving averages to end the trading session at monthly S1. On Friday morning, the 200-hour simple moving averages helped gold to break the resistance levels of the 55-hour and the 100-hour simple moving averages to trade at the 1,302.16 mark. 

Fri, 15 Mar 2019 10:38:18 GMT

USD/JPY might reach R1 at 111.95

During Thursday's trading session, the currency exchange rate was supported by the 200-hour simple moving average to end the trading session at 111.80 as it was expected! On Friday morning, the rate was trading sideways to stay at the 111.65 mark. 

Fri, 15 Mar 2019 10:36:40 GMT

GBP/USD surges to R2 at 1.3355

During Thursday's trading session, the British Pound traded sideways to stay at 1.3200. On Friday morning, the rate was supported by the 55-hour simple moving average to trade at the 1.3264 mark. 

Fri, 15 Mar 2019 10:34:14 GMT

EUR/USD is supported by 55-hour SMA

During Thursday's trading session, the European Single Currency was supported by the 55-hour simple moving average to keep trading inside the trend line at 1.1300. On Friday morning, the rate was located at the 1.1320 mark. 

Fri, 15 Mar 2019 09:50:27 GMT

NZD/USD target at 0.6879

The New Zealand Dollar depreciated about 46 base points against the US Dollar on Thursday. The decline was stopped by a support level formed by the 200-hour simple moving average at 0.6810.

Fri, 15 Mar 2019 09:47:37 GMT

USD/CAD aims at junior pattern lower band

The US Dollar appreciated about 56 base points against the Canadian Dollar on Thursday. However, the surge was stopped by a resistance level formed by the 50-hour simple moving average at 1.3337.

Fri, 15 Mar 2019 09:44:39 GMT

AUD/USD moving towards psychological level

The Australian Dollar depreciated about 44 base points against the US Dollar on Thursday. The exchange rate tested the bottom border of an uptrend channel at 0.7040 during Thursday's trading session.

Fri, 15 Mar 2019 09:42:16 GMT

EUR/JPY uptrend channel to prevail

The single European currency appreciated about 60 base points against the Japanese Yen on Thursday. The currency pair tested the upper boundary of an ascending channel at 126.56 during yesterday's trading session.

Thu, 14 Mar 2019 11:28:02 GMT

NZD/USD tests support cluster

The New Zealand Dollar has declined about 0.86% against the US Dollar during the last 24 hours. A breakout occurred through the lower boundary of a junior ascending channel pattern during Thursday's trading session.

Thu, 14 Mar 2019 11:25:10 GMT

USD/CAD aiming for 50-hour SMA

The US Dollar has been trading in a junior descending channel pattern against the Canadian Dollar since the beginning of this week's trading session. The pair tested the lower boundary of the pattern during yesterday's trading session.

Thu, 14 Mar 2019 11:23:14 GMT

AUD/USD breaks uptrend channel

The Australian Dollar was moving between the upper and lower boundaries of a junior ascending channel pattern during yesterday's trading session. The exchange rate gained about 47 base points during Wednesday's trading session.

Thu, 14 Mar 2019 11:18:14 GMT

EUR/JPY breakout occurs

The common European currency appreciated about 68 base points against the Japanese Yen on Wednesday. The currency pair maintained a junior ascending channel pattern during yesterday's trading session.

Thu, 14 Mar 2019 10:35:03 GMT

XAU/USD could stay at 1,300.00

During Wednesday's trading session, the rate surged to the 1,310.00 level as it was predicted. On Thursday morning, the yellow metal dropped to the 1,298.32 mark, passing through the support levels of the 55-hour and the 100-hour simple moving averages. 

Thu, 14 Mar 2019 10:33:29 GMT

USD/JPY might trade at 111.80

During Wednesday's trading session, the rate passed through 55-hour and the 100-hour simple moving averages to end the trading session at 111.20. On Thursday morning, the currency exchange rate broke the resistances of the SMAs to trade at the 111.60 mark.  

Thu, 14 Mar 2019 10:31:50 GMT

GBP/USD waits for Brexit deal meeting

During Wednesday's trading session, the British Pound surged to the 1.3300 level due to Brexit deal talks. On Thursday morning, the rate depreciated to the 1.3261 mark.  

Thu, 14 Mar 2019 10:28:58 GMT

EUR/USD surges to 1.1340

During Wednesday's trading session, the European Single Currency was supported by the 200-hour simple moving average to surge to 1.1320. On Thursday morning, the rate was located at the 1.1316 mark. 

Wed, 13 Mar 2019 11:10:01 GMT

NZD/USD awaits macroeconomic data releases

During Tuesday's trading session, the New Zealand Dollar depreciated about 0.56% in values against the US Dollar. The decline was stopped by the 50-hour simple moving average at 0.6841.

Wed, 13 Mar 2019 11:07:40 GMT

USD/CAD decline likely to continue

The US Dollar depreciated about 0.50% against the Canadian Dollar on Tuesday. The currency pair tested the 200-hour simple moving average at 1.3355 during Tuesday's trading session.

Wed, 13 Mar 2019 11:05:19 GMT

AUD/USD stranded between SMAs

The Australian Dollar depreciated about 0.53% against the US Dollar on Tuesday. The decline was stopped by a support level set by the weekly pivot point at 0.7054 at the end of yesterday's trading session.

Wed, 13 Mar 2019 11:02:32 GMT

EUR/JPY aims for 200-hour SMA

The Eurozone single currency appreciated about 0.60% in values against the Japanese Yen on Tuesday. The currency pair tested the upper boundary the newly formed ascending channel pattern at 125.73 during Tuesday's trading session.

Wed, 13 Mar 2019 10:53:13 GMT

XAU/USD follows predictions

During Tuesday's session, the yellow metal broke the medium pattern to end the trading session at the 1,300.00 level as it was predicted! On Wednesday morning, gold surged to the 1,308.57 mark. 

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