AUD/USD braces for the biggest weekly gain since November 2020 inside one-month-old ascending trend channel. Overbought RSI conditions suggest pullback from the stated channel’s resistance. 200-SMA holds the key for …
AUD/USD Price Analysis: Approaches upper end of monthly bullish channel near 0.7150 Read More
EUR/GBP renews intraday high, before ticking lower, while staying inside a trend widening chart pattern. UK Q2 GDP shrank 0.1% QoQ versus -0.2% expected, monthly statistics came out softer on MoM, …
EUR/GBP Price Analysis: Grinds lower around 0.8450 on unimpressive UK GDP Read More
USD/CAD takes offers to refresh intraday low, prints three-day downtrend at two-month bottom. Oversold RSI conditions, short-term key support line challenge bears. Recovery remains elusive until staying below 61.8% Fibonacci …
USD/CAD Price Analysis: Bears attack six-week-old support line near 1.2750 Read More
NZD/USD snaps four-day uptrend around the two-month high. Nearly overbought RSI, pullback from monthly resistance line add strength to bearish bias. Tops marked during mid-June, early-August lure near-term sellers ahead …
NZD/USD Price Analysis: Extends pullback from 100-DMA towards 0. 6400 Read More
EUR/USD remains sidelined around monthly top, recently pressured near intraday low. RSI conditions, sustained break of five-week-old resistance keep buyers hopeful above 1.0280 short-term key support. 61.8% Fibonacci retracement guards …
EUR/USD Price Analysis: Slow grind to north pauses above 1.0300 Read More
GBP/JPY fades bounce off weekly low ahead of the preliminary UK Q2 GDP. Multiple failures to cross 50-day EMA, previous support line from March favor sellers amid steady RSI, bearish …
GBP/JPY Price Analysis: Remains pressured towards 162.00 ahead of UK GDP Read More
Silver keeps pullback from six-week high inside a bearish chart pattern. Higher low on RSI backs firmer prices to suggest short-term grind towards the north. 200-SMA adds to the downside …
Silver Price Analysis: Rising wedge teases XAG/USD bears around mid-$20.00s Read More
The 200-period EMA is acting as a major barricade for the counter. A bullish flag formation adds to the upside filters. The RSI (14) is attempting a break above 60.00, …
WTI Price Analysis: Bulls struggle around 200-EMA, $92.00 a critical hurdle Read More
EUR/USD snaps three-day uptrend, grinds lower at intraday bottom. MACD, RSI hint at a gradual upward trajectory but 1.0370 is the key hurdle. Further downside can aim the 1.0190 support …
EUR/USD Price Analysis: Bears seek acceptance below 1.0300 Read More
USD/CAD prints mild gains as it consolidates the biggest daily fall in two-months. Six-week-old support line, 200-DMA challenged bears but 100-DMA guards recovery moves. Sluggish MACD, RSI (14) fail to …
USD/CAD Price Analysis: Corrective pullback seeks validation from 1.2800 Read More