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Technical Analysis

Pairs:




06 January 2020
  • 13:02

    NZD/USD is testing the MA (200) H1

    After falling from the beginning of trading to a low of January 3 ($0.6645), NZD/USD rose in European trading to $0.6675. At the time of writing, the pair is testing the level of the moving average MA (200) H1($0.6670), but on the four-hour chart it remains well above MA (200) H4 ($0.6540).


    Resistance levels are at: $0.6700, $0.6755, $0.6790

    Support levels are at: $0.6645, $0.6590, $0.6550

    NZD/USD is testing the MA (200) H1 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 12:45

    USD/JPY is trading near a two-month low

    Today USD / JPY, after falling from the beginning of the session to Y107.75, rose again and is trading in the range Y107. 90-108.20 - about a two-month low. The pair fell below the moving average MA (200) H1 (Y109.00), and on the four-hour chart is trading below MA (200) H4 (Y109.00).

    Resistance levels are at: Y108.25, Y108.60, Y108.85-109.00

    Support levels are at: Y107.75, Y107.00, Y106.50

    USD/JPY is trading near a two-month low 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 12:31

    USD/CHF is trading below MA (200)

    In European trading, USD/CHF fell from Chf0.9715 to Chf0.9685 after trading in a narrow range at the beginning of the session. The pair is trading below the moving average MA (200) H1 (Chf0.9750) and on the four-hour chart well below MA (200) H4 (Chf0.9880).


    Resistance levels are at: Chf0.9745-55, Chf0.9800, Chf0.9830

    Support levels are at: Chf0.9670, Chf0.9645, Chf0.9620

    USD/CHF is trading below MA (200) 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 12:20

    GBP / USD rose above MA (200)

    During European trading, GBP / USD rose from $1.3065 to $1.3175, pushing off the support line of MA 200 H1 and returning all the positions lost on Friday. The pair rose above the moving average MA (200) H1 ($1.3065) and on the four-hour chart is trading slightly above MA (200) H4 ($1.3045)


    Resistance levels are at: $1.3225, $1.3285, $1.3420

    Support levels are at: $1.3050-65, $1.2970, $1.2905

    GBP / USD rose above MA (200) 06.01.2020


    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 12:01

    EUR / USD is trading, higher than MA (200)

    During European trading, EUR / USD rose from $1.1155 to $1.1205, returning most of the positions lost at the end of last week. EUR / USD rose above the moving average MA (200) H1 ($1.1145), and on the four-hour chart continues to trade well above MA (200) H4 ($1.1095)


    Resistance levels are at: $1.1240-50, $1.1285, $1.1320

    Support levels are at: $1.1180, $1.1125-45, $1.1095

    EUR / USD is trading, higher than MA (200)  06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 07:16

    USD / CAD is trading well below MA (200)

    On Friday, the USD/CAD pair was trading in the range C$1.2960-1.3000 and closed the day near the opening price. This morning, the pair also shows no significant changes, remaining within the prices of the last two trading days. The USD/CAD remains below the moving average MA (200) H1 (C$1.3085) and on the four-hour chart is trading well below MA (200) H4 (C$1.3200). It is worth noting that the 14-day relative strength index (RSI (14) on D1) is below the level of 30.


    Resistance levels are at: С$1.3005, С$1.3050, С$1.3085

    Support levels are at: С$1.2950-60, С$1.2915, С$1.2855

    USD / CAD is trading well below MA (200) 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 06:45

    AUD/USD is testing the MA (200) H1

    On Friday, the AUD / USD pair traded lower and closed the day in the red zone near the level of $0.6950. This morning, the pair is trading in the range of $0.6935-50. At the same time, the pair is testing the strength of the moving average MA (200) H1 ($0.6950) for the second trading day in a row. On the four-hour chart, AUD / USD remains significantly above the MA (200) H4 ($0.6855).

    Resistance levels are at: $0.6965, $0.6990, $0.7005

    Support levels are at: $0.6930, $0.6905-10, $0.6890

    AUD/USD is testing the MA (200) H1 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 06:32

    Gold updated multi-year highs

    On Friday, XAU / USD rose all day and closed the day in positive territory near the $1550 level. This morning, gold continued to rise and rose to $1582, updating the highs since 2013. XAU / USD remains above the moving average MA (200) H1 ($1510), and on the four-hour chart above MA (200) H4 ($1479).

    Resistance levels are at: $1582, $1600, $1700

    Support levels are at: $1540, $1517-22, $1507-10

    Gold updated multi-year highs 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 06:20

    The price of Brent crude oil rose sharply to $71.23

    On Friday, the price of Brent crude oil rose sharply from $66.80 to $69.97, closing the day with a significant increase. Today, oil continued to rise, updated multi-month highs, and rose to $71.23. Brent continues to stay above the moving average line MA (200) H1 ($67.02) and on the four-hour chart is trading well above MA (200) H4 ($64.58).

    Resistance levels are at: $71.23, $71.80, $72.70

    Support levels are at: $69.97, $68.15, $67.05

    The price of Brent crude oil rose sharply to $71.23 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 06:06

    USD/JPY continues to trade near two-month low

    On Friday, USD/JPY continued its multi-day decline and closed another day in the red zone near the level of Y108. 00. Today, the pair is trading in the range Y107. 75-Y108. 10, remains significantly below the level of the moving average MA (200) H1 (Y109. 00), and on the four-hour chart below MA (200) H4 (Y109.00).


    Resistance levels are at: Y108.25, Y108.65, Y108.85

    Support levels are at: Y107.75, Y107.00, Y106.50

    USD/JPY continues to trade near two-month low 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 05:42

    USD/CHF is trading in the range Chf0. 9700-15, below MA (200)

    On Friday, USD/CHF traded all day multidirectionally near the level of Chf0.9700 and closed the day without significant changes. The pair continues to adjust after falling at the end of December. This morning, USD/CHF was in the range of Chf0.9700-15. The pair is still below the moving average line MA (200) H1 (Chf0.9755) and on the four-hour chart is well below MA (200) H4 (Chf0.9865).


    Resistance levels are at: Chf0.9745-55, Chf0.9805, Chf0.9830

    Support levels are at: Chf0.9690, Chf0.9665, Chf0.9645

    USD/CHF is trading in the range Chf0. 9700-15, below MA (200) 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 05:31

    GBP / USD is trading above MA (200)

    On Friday, GBP / USD fell from $1.3160 to 1.3050 and closed the session in the red zone for the second trading day. Thus, the pair continues to adjust after a weekly rise at the end of December. At the moment, the pair is testing the support line of the moving average MA (200) H1 ($1.3060), trading in the range of $1.3060-90, above MA (200) H4 ($1.3040).



    Resistance levels are at:$1.3160, $1.3230, $1.3285

    Support levels are at: $1.3050, $1.2970, $1.2920


    GBP / USD is trading above MA (200) 06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

  • 05:16

    EUR / USD is trading above MA (200)

    On Friday, in the afternoon, EUR / USD rebounded from the support line MA 200 H1 rose and closed the day near the opening price. Today, during the Asian session, the Euro is trading in a narrow range of $1.1160-70. EUR / USD continues to trade above the moving average MA (200) H1 ($1.1140), and on the four-hour chart significantly above MA (200) H4 ($1.1090)


    Resistance levels are at: $1.1180, $1.1200, $1.1235

    Support levels are at: $1.1140, $1.1125, $1.1095

    EUR / USD is trading above MA (200)  06.01.2020

    The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

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