Market Insights

Technical Analysis: Weekly resistance test gold buyers ahead of ECB, US GDP

Gold extends the bounce off monthly support while picking up the bids near $1,801 during the early Thursday.

Denis Sergienko

2021-10-28

Technical Analysis: EURUSD stays inside falling wedge ahead of US Durable Goods Orders

EURUSD bears take a breather around weekly low, after a two-day downtrend, during early Wednesday.

Denis Sergienko

2021-10-27

Technical Analysis: GBPUSD prints bullish flag as EU-UK jostle over Brexit

GBPUSD buyers await for Brexit headlines as the Cable gyrates inside a bullish flag chart pattern on the four-hour play.

Denis Sergienko

2021-10-26

Technical Analysis: AUDUSD teases bullish triangle breakout around 0.7500

AUDUSD bulls to battle the key upside hurdle around July highs. The buyers are likely to gain from a firmer RSI line.

Denis Sergienko

2021-10-25

Technical Analysis: Key SMA confluence probes gold buyers below $1,800

Gold prints four-day uptrend, tracking monthly support line amid early Friday.

Denis Sergienko

2021-10-22

Technical Analysis: 200-EMA probes EURUSD bullish consolidation

EURUSD bulls inside an eight-day-old rising channel, 200-EMA probes the upside momentum of late.

Denis Sergienko

2021-10-21

Technical Analysis: GBPUSD bulls step back from 100-DMA on softer UK CPI

GBPUSD eases from 100-DMA, consolidating the previous day’s gains below 1.3800.

Denis Sergienko

2021-10-20

Technical Analysis: GBPUSD looks for further upside towards 1.3700

GBPUSD rises to a two-week high after confirming the bullish head-and-shoulders chart pattern the previous day.

Denis Sergienko

2021-10-11

Technical Analysis: Gold needs $1,780 breakout to recall buyers on NFP day

Gold buyers attack a three-week-old resistance line as the market’s anxiety underpins the metal’s haven demand.

Denis Sergienko

2021-10-08

Technical Analysis: Brent oil bears need $78.00 breakdown to retake controls

Brent oil prices consolidate the heaviest daily loss since late August, not to forget reversal from November 2014 levels.

Denis Sergienko

2021-10-07

Technical Analysis: NZDUSD drops back towards 0.6900 despite RBNZ rate hike

RBNZ leads the developed-world central banks with a 0.25% rate hike on Wednesday but couldn’t lift the NZDUSD prices.

Denis Sergienko

2021-10-06

Technical Analysis: AUDUSD drops back below 20-DMA on RBA day

The Aussie central bank’s concerns over economic growth, due to the pandemic-led local lockdowns, weigh on the AUD/USD prices.

Denis Sergienko

2021-10-05

Technical Analysis: GBPUSD renews bearish move, 1.3500 lures intraday sellers

GBPUSD retreats below 50-EMA during early Monday as the market’s risk-off mood favors the USD bulls.

Denis Sergienko

2021-10-04

Technical Analysis: EURUSD set to drop further towards 1.1500

EURUSD is all in for further weakness. The current consolidation during early Friday could be linked to oversold RSI conditions.

Denis Sergienko

2021-10-01

Technical Analysis: Gold bears should await $1,721 break for fresh entries

Gold fades bounce off six-week-old horizontal support surrounding $1,724.

Denis Sergienko

2021-09-30