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
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
Silver price holds lower ground near the short-term key support comprising 50-day EMA, three-week-old ascending support line. Receding bullish MACD signals, sustained pullback from 61.8% Fibonacci retracement tease sellers. Bulls …
Silver Price Analysis: XAG/USD sellers approach $20.20 support confluence 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
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
USD/INR pares the biggest daily loss in four months around weekly low. Key SMAs, two-week-old resistance line challenge buyers amid bearish MACD signals. Weekly horizontal support holds the gate for …
USD/INR Price Analysis: Indian rupee buyers stay hopeful below 79.60 hurdle Read More
EUR/USD remains indecisive after retreating from five-week high. Monthly horizontal line challenges pullback from 50% Fibonacci retracement of June-July downside. Buyers have a comparatively smoother road to journey than the …
EUR/USD Price Analysis: Pullback remains elusive beyond 1.0280 resistance-turned-support Read More