Technical Analysis

25 March 2020
  • 13:01

    NZD/USD is testing the MA (200) H1

    Today, since the beginning of trading, the NZD/USD pair has grown from $0.5790 to $0.5910, but at the time of writing, it has slightly declined to $0.5820. On the hourly chart, the pair tests the level of the moving average MA (200) H1 ($0.5855), but on the four-hour chart, it is trading significantly below MA (200) H4 ($0.6210).


    Resistance levels are at: $0.5965, $0.6160, $0.6340

    Support levels are at: $0.5740, $0.5580, $0.5470

    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.

  • 12:50

    USD/JPY is trading near a one- month high

    Today, the USD/JPY pair is trading in the range of Y110.70-111.55-slightly below the new monthly high of Y111.70 reached yesterday. The pair is trading above the moving average level of MA (200) H1 (Y108. 90), and on the four- hour chart above MA (200) H4 (Y108. 65).

    Resistance levels are at: Y111.55, Y112.25, Y113.65

    Support levels are at: Y109.30-65, Y108.10, Y106.75

    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.

  • 12:36

    USD/CHF is trading slightly below the monthly high

    Today, the USD/CHF pair is trading in the range of Chf0.9780-0.9835, recovering from yesterday's decline to Chf0.9715. The pair is trading slightly below the monthly high and psychological level (Chf0.9900) reached on Friday. On the hourly chart, the pair is trading above the moving average of MA (200) H1 (Chf0.9685), and on the four- hour chart above MA (200) H4 (Chf0.9665).


    Resistance levels are at: Chf0.9900-25, Chf0.9985, Chf1.0025

    Support levels are at: Chf0.9685-0.9715, Chf0.9565, Chf0.9390

    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.

  • 12:14

    GBP / USD is trading with growth, and is testing MA (200) H1

    Today, the GBP/USD pair is trading with growth (from $1.1730 to $1.1975), after falling last week to a historical low of $1.1400. At the time of writing, the pair fell slightly to $1.1890. On the hourly chart, the pound is testing MA (200) H1 ($1.1890), and on the four-hour chart, it continues to trade well below MA (200) H4 ($1.2650)


    Resistance levels are at: $1.2130, $1.2420, $1.2625

    Support levels are at: $1.1400-45, $1.1300, $1.1200


    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.

  • 11:58

    EUR / USD is trading with growth, but remains below MA (200)

    Today, the EUR / USD pair is trading mainly with growth in the range of $1.0760-1.0890, further retreating from the minimum since mid -April 2017 ($1.0635) reached last week. On the hourly chart, the Euro is trading below the moving average of MA (200) H1 ($1.0910), and on the four- hour chart below MA (200) H4 ($1.0980).

    Resistance levels are at: $1.0890-1.0910, $1.1045, $1.1235

    Support levels are at: $1.0720, $1.0635, $1.0565

    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

    USD/CAD remains above MA 200 H1

    Yesterday, the USD/CAD was trading in different directions in the range of C$1.4375-C$1.4530 and closed the day without significant changes. This morning the USD/CAD fell slightly to C$1.4355. On the hourly chart, the Canadian currency is still above the MA (200) Н1 moving average line (C$1.4250). On the four-hour chart, the situation is similar.

    • Resistances levels are at: C$1.4630-60, C$1.4700, C$1.4800

    • Support levels are at: C$1.4330, C$1.4150, C$1.3960

    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.

  • 06:39

    AUD/USD tested for strength MA 200 H1

    Yesterday, the AUD/USD was trading slightly higher and closed the day in positive territory near the price of $0.5970. Today, the Australian currency continued to rise to $0.6030. On the hourly chart, AUD/USD began to test the strength of the moving average line MA (200) H1 ($0.5950). On the four-hour chart, it is still below MA (200) H4.

    • Resistance levels are at: $0.6150, $0.6275, $0.6385

    • Support levels are at: $0.5865, $0.5695, $0.5510

    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.

  • 06:21

    Gold continues to grow

    Yesterday, the XAU/USD was trading higher and closed the next day in positive territory near the price of $1625. Today, gold traded in the range of $1602-35, remaining near weekly highs. On the hourly chart, gold is trading above the MA (200) H1 moving average line ($1527). On the four-hour chart, XAU/USD is also above the MA 200 H4 line.

    • Resistances levels are at: $1645, $1670, $1700

    • Support levels are at: $1558, $1520, $1484

    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.

  • 06:04

    Oil remains below MA 200 H1

    Yesterday, Brent crude traded in the range of $26.60-$28.60, closing the day without significant changes. Today, oil was also in a narrow range of $27.55-30. However, on the hourly chart, Brent is still trading below the MA (200) H1 moving average line ($29.45). On the four-hour chart, the situation is similar.

    • Resistances levels are at: $30.65, $35.80, $39.40

    • Support levels are at: $24.25-00, $24.00, $23.00

    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.

  • 05:44

    USD/JPY remains near monthly highs

    Yesterday, USD/JPY was trading in different directions and closed the day without significant changes around the price of Y111.20. This morning the USD/JPY also traded in a narrow range Y110.75-30 and continues to remain near monthly highs. On the hourly chart, USD/JPY is still trading above the moving average line MA (200) H1 (Y108.45). On the four-hour chart, the situation is similar.

    • Resistances levels are at: Y111.65, Y112.20, Y113.00

    • Support levels are at: Y110.10, Y109.30, Y108.45

    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.

  • 05:22

    USD/CHF remains above MA 200 H1

    Yesterday, the USD/CHF was trading in the range Chf0.9720-Chf0.9845 and closed the day without significant changes. Today, USD/CHF was also in the narrow range of Chf0.9790-30, remaining near yesterday's closing price. On the hourly chart, it is still above the line of the moving average MA (200) H1 (Chf0.9670). On the four-hour chart, USD/CHF is also above the MA 200 H4 line.

    • Resistances levels are at: Chf0.9885-00, Chf1.0000, Chf1.0100

    • Support levels are at: Chf0.9720, Chf0.9650, Chf0.9565

    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.

  • 05:06

    GBP/USD is trading below MA 200 H1

    Yesterday, the GBP/USD rose slightly and closed the day with a slight increase near the price of $1.1740. Today, the pound was trading in the range of $1.1735-$1.1810, remaining near yesterday's closing price. On the hourly chart, the British currency is still trading below the MA (200) H1 moving average line ($1.1930). On the four-hour chart, the situation is similar.

    • Resistances levels are at: $1.1930, $1.2130, $1.2265

    • Support levels are at: $1.1405-45, $1.1300, $1.1200

    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.

  • 04:49

    EUR/USD remains below MA 200 H1

    Yesterday, the EUR/USD was trading higher and closed the day with a slight increase near the price of $1.0780. Today, the euro was trading in the range of $1.0760-0820, remaining near yesterday's closing price. On the hourly chart, the euro is still below the MA (200) H1 moving average line ($1.0920). On the four-hour chart, it is also below the MA 200 H4 line.

    • Resistance levels are at: $1.0885, $1.0980, $1.1040

    • Support levels are at: $1.0720, $1.0635, $1.0600

    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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