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Technical Analysis (Page 5)

2024-01-17
GBPUSD bears approach key supports as UK, US data loom

GBPUSD remains pressured at the lowest level in eight days after breaking a five-week-long trend line support.

2024-01-16
USDCAD jumps to one-month high ahead of Canada inflation

USDCAD rises for the fourth consecutive day while poking the 200-SMA as the pair traders await Canadian inflation data.

2024-01-15
USDJPY floats above 200-SMA but rising wedge breakout lures bears

USDJPY stays on the defensive after a two-week uptrend, printing mild gains around 145.00.

2024-01-12
EURUSD bulls remain unconvinced despite recent rebound

EURUSD remains mildly bid within a 10-week-old bullish channel as market players seek more clues.

2024-01-11
Gold sellers need validation from $2,017 and US CPI

Gold price remains on the back foot for the second consecutive week, so far, as traders await the key US inflation data.

2024-01-10
AUDUSD lures bears amid softer Aussie inflation, 0.6670 eyed

AUDUSD struggles to defend the bounce from a two-month-old rising support line.

2024-01-09
USDJPY extends pullback from key EMA confluence below 144.00

USDJPY drops half a percent to 143.55 during the early hours of Tuesday’s Asian session.

2024-01-08
GBPUSD fades bounce off 200-SMA

GBPUSD prints mild losses around 1.2700 early Monday, after snapping a three-week uptrend in the last.

2024-01-05
Gold eyes first weekly loss in four but bulls stay hopeful beyond $2,010

Gold price stays defensive while keeping the previous day’s recovery.

2024-01-04
USDJPY defends falling wedge breakout above 143.00, eyes further upside

USDJPY remains dicey around 143.30 as traders await the key US employment clues early Thursday.

2024-01-03
EURUSD licks its wounds at fortnight-low ahead of Fed Minutes

EURUSD dropped the most in three weeks on Tuesday after a downside break of an ascending trend line from mid-November.

2024-01-02
GBPUSD retreat appears elusive beyond 1.2650

GBPUSD extends the late 2023 pullback from a five-month-old horizontal resistance area towards 1.2700.