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EUR/JPY: technical analysis 20.01.20

Current trend On the 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands (122.102) and is testing the resistance 122.266. The area of 122.266-122.305 can activate a downward reverse of the price, while its breakout will give a prospect of growth to the 122.474 resistance. This level is coincided...

XAU/USD: technical analysis 20.01.20

Current trend The XAU/USD pair begins today’s trading with a slight bullish bias. Now the price is approaching a strong resistance in the region of 1562.50. Judging by the downward reversal of Stochastic the downward correction is possible soon. However, the breakout of 1562.50 and sustained trading above it will be a signal for upward...

NZD/USD: technical analysis 20.01.20

Current trend On a 4-hour chart, NZD/USD bounced off the 0.66071 horizontal-support but is yet to cross the 0.66214 resistance, which coincided with the middle line of Bollinger Bands. This level seems a strong resistance hinders the growth of quotes. However, the breakout of this level and pair’s sustained trading above it will give a...

AUD/USD: technical analysis 17.01.20

Current trend On a 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands (0.68830) but is yet to cross the 0.69037 resistance, which coincided with the middle line of Bollinger Bands. The decisive break of this level is needed to indicate the upward trend resumption. In this case, the...

USD/JPY: technical analysis 17.01.20

Current trend On the 4-hour chart, the instrument keeps a moderate positive dynamic. At the moment the price has met the resistance at the level of 110.284 and was slightly corrected downwards, but the upward trend maintains. The breakout of 110.284 and the pair’s sustained trading above this level will give a prospect of growth...

GBP/USD: technical analysis 17.01.20

Current trend GBP/USD quotes attempted to grow, but reaching 1.30796 mark moved to a downward correction. The first strong support on the way down will be 1.30615 level. This level can activate an upward rebound while its breakdown can accelerate the pair towards 1.30310 support, which coincided with the middle line of Bollinger Bands. This...

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