Technical Analysis

13 February 2020
  • 13:01

    NZD/USD is testing the MA (200) H1

    Today, NZD / USD has fallen sharply since the beginning of trading (from $0.6465 to $0.6430), but later rose slightly and is trading in the range of $0.6440-65. The kiwi is testing the level of the moving average MA (200) H1 ($0.6445), but on the four-hour chart continues to trade well below MA (200) H4 ($0.6570)


    Resistance levels are at: $0.6485-0.6500, $0.6550, $0.6595

    Support levels are at: $0.6430, $0.6380, $0.6360

    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.

  • 12:44

    USD/JPY retreated from a three-week high.

    Today, USD/JPY is trading lower, falling to Y109.60 and retreating from a new three-week high of Y110.10. But soon the pair dropped to Y109.95. On the hourly chart, the pair is testing the moving average MA (200) H1 (Y109.60), but on the four-hour chart it is trading slightly above MA (200) H4 (Y109.35).

    Resistance levels are at: Y110.00-10, Y110.30, Y110.65

    Support levels are at: Y109.30-50, Y108.70, Y108.30

    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.

  • 12:34

    USD/CHF is again tests the resistance of Chf0. 9790

    During today's trading, USD / CHF was trading with a slight decrease (from Chf0.9785 to Chf0.9760), but at the time of writing, it rose sharply to Chf0.9790, completely returning the lost positions. The pair is again trying to break through the resistance of Chf0. 9790 (maximum on February 11). USD/CHF is trading above the moving average MA (200) H1 (Chf0.9740) and above MA (200) H4 (Chf0.9710).


    Resistance levels are at: Chf0.9790, Chf0.9815-30, Chf0.9875

    Support levels are at: Chf0.9740-60, Chf0.9710, Chf0.9680

    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.

  • 12:17

    GBP/USD is testing the MA (200) H1

    Today, GBP / USD is trading within yesterday's range: after a slight decline to $1.2945, the pair rose to $1.2990. On the hourly chart, the pound is testing the level of the moving average MA (200) H1 ($1.2970), but on the four-hour chart it is trading below MA (200) H4 ($1.3050).


    Resistance levels are at: $1.3000, $1.3070, $1.3150

    Support levels are at: $1.2945, $1.2870, $1.2825

    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.

  • 12:00

    EUR / USD is trading at May 2017 levels - around $1.0860.

    EUR / USD is trading in the range of $1.0860-90, at the levels of May 2017. The pair tried to break through the resistance of $1.0890 (February 11 minimum), but it did not succeed. The Euro is trading below the moving average MA (200) H1 ($1.0970), and continues to trade well below MA (200) H4 ($1.1075) on the four-hour chart. It is worth noting that the 14-day relative strength index (RSI (14) on D1) is above and below the 30 level.


    Resistance levels are at: $1.0890, $1.0925, $1.1.0960-70

    Support levels are at: $1.0865, $1.0840, $1.0780

    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.

  • 07:22

    USD/CAD fixed below MA 200 H1

    Yesterday, USD/CAD went down all day and closed the day in the red zone near the price С$1.3250. This morning the USD/CAD was trading in a narrow range С$1.3240-60, remaining near yesterday's closing price. On the hourly chart, the Canadian currency yesterday managed to break through and gain a foothold below the MA (200) Н1 moving average line (C$1.3280). On the four-hour chart, it remains well above MA 200 H4 (C$1.3125).

    • Resistances levels are at: C$1.3375, C$1.3300, C$1.3330

    • Support levels are at: C$1.3230, C$1.3190, C$1.3155

    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.

  • 06:58

    AUD/USD fell sharply

    AUD/USD soared yesterday and closed the day in positive territory near the price of $0.6730. Today, the Australian currency fell to the level of $0.6705. On the hourly chart, AUD/USD has been testing the strength of the MA (200) H1 moving average line ($0.6715) for the third day already. On a four-hour chart, the Australian currency is well below the MA 200 H4.

    • Resistances levels are at: $0.6750, $0.6765-75, $0.6800

    • Support levels are at: $0.6700, $0.6660-65, $0.6600

    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.

  • 06:43

    Gold continues to test MA 200 H1

    Yesterday, XAU/USD was trading in different directions all day in the range of $1562-70. This morning, gold was trading higher and rose to $1574. On the hourly chart, gold from Friday is testing the strength of the line of the moving average MA (200) H1 ($1568). Today, it will probably also try to gain a foothold above. On the four-hour chart, the price continues to hold above the MA (200) Н4 moving average line ($1550).

    • Resistances levels are at: $1576-79, $1592, $1611

    • Support levels are at: $1560-61, $1552, $1548

    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.

  • 06:23

    Brent Oil Tests MA 200 H1

    Yesterday, the price of Brent crude oil rose sharply and closed the day in positive territory near the price of $56.00. This morning, oil was trading in a narrow range of $55.70-05, remaining near yesterday's closing price. On the hourly chart, Brent has tested the strength of the moving average line MA (200) H1 ($55.25) since yesterday. On the four-hour chart, the Brent remains well below the MA 200 H4.

    • Resistance levels are at: $56.48-84, $58.77, $60.30

    • Support levels are at: $54.75, $52.93, $52.00

    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.

  • 06:00

    USD/JPY plummeted

    Yesterday, USD/JPY grew throughout the day and closed the day in positive territory near the price of Y110.10. This morning, the USD/JPY fell sharply to Y109.80 and retreated slightly from monthly highs. On the hourly chart, USD/JPY is still above the moving average line MA (200) H1 (Y109.50). On a four-hour chart, a similar situation.

    • Resistances levels are at: Y110.10, Y110.25, Y111.00

    • Support levels are at: Y109.75, Y109.55, Y109.30

    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.

  • 05:39

    USD/CHF remains at highs

    Yesterday, USD/CHF rose and closed the day in positive territory near the price of Chf0.9780. This morning the USD/CHF was trading in a narrow range of Chf0.9775-85, remaining near monthly highs. On the hourly chart, USD/CHF continues to trade above the moving average line MA (200) H1 (Chf0.9730). On the four-hour chart, the situation is similar.

    • Resistances levels are at: Chf0.9785, Chf0.9805-15, Chf0.9830

    • Support levels are at: Chf0.9740, Chf0.9715, Chf0.9680

    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.

  • 05:25

    GBP/USD is testing MA 200 H1

    Yesterday, the GBP/USD was trading in the range of $1.2950-90 and closed the day without significant changes around the price of $1.2955. Today, the pound was trading in a narrow range of $1.2950-65, remaining near yesterday's closing price. At the same time, on the hourly chart, the British currency is testing the strength of the MA (200) Н1 moving average line ($1.2975) for the second day. On a four-hour chart, a similar situation.

    • Resistances levels are at: $1.3000, $1.3070, $1.3150

    • Support levels are at: $1.2875-95, $1.2830, $1.2770

    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.

  • 05:01

    EUR/USD continues to fall

    Yesterday, the EUR/USD once again fell and closed the day in the red zone near the price of $1.0870. Today, the euro was trading in a narrow range of $1.0870-75, remaining near monthly lows. On the hourly chart, the euro is still trading significantly below the MA (200) H1 moving average line ($1.0980). On a four-hour chart, a similar situation.

    • Resistances levels are at: $1.0925, $1.0955, $1.0985

    • Support levels are at: $1.0865, $1.0800, $1.0700

    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.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
37 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2020 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.