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Technical Analysis: Bullish flag on 4H keeps AUDUSD buyers hopeful

Despite recently easing from the intraday high of 0.7297, AUDUSD keeps bullish flag intact Thus, pair buyers keep September's high of 0.7358 on the radar with the 0.7300 threshold acting as a

Denis Sergienko

2020-11-16

Technical Analysis: Bullish flag on 4H keeps AUDUSD buyers hopeful
Technical Analysis: EURUSD bulls look for fresh push amid risk aversion

While keeping upside moves past-200-bar SMA, amid normal RSI, EURUSD bulls suggest further upside beyond 1.1800 However, a downward sloping trend line from Tuesday, near 1.1815, offers an immediate

Denis Sergienko

2020-11-13

Technical Analysis: EURUSD bulls look for fresh push amid risk aversion
Technical Analysis: Gold struggles between 100-EMA, September low

Gold prices consolidate the heaviest drop in three months, marked on Monday, below 100-day EMA, at $1,875 now However, a horizontal line comprising September's low near $1,847 restricts the

Denis Sergienko

2020-11-12

Technical Analysis: Gold struggles between 100-EMA, September low
Technical Analysis: NZDUSD rises to 20-month high after RBNZ's FLP, LSAP

Although the Reserve Bank of New Zealand (RBNZ) offered fresh means to cheap lending, via the Funding for Lending Program (FLP), while also adding to the Large Scale Asset Purchases (LSAP), the

Denis Sergienko

2020-11-11

Technical Analysis: NZDUSD rises to 20-month high after RBNZ's FLP, LSAP
Technical Analysis: AUDUSD buyers keep 0.7340/45 horizontal resistance on radar

Despite failing to cross the 10-week-old horizontal resistance line, AUDUSD buyers keep the reins above 23.6% Fibonacci retracement of its upside from the mid-June to September-start amid the

Denis Sergienko

2020-11-10

Technical Analysis: AUDUSD buyers keep 0.7340/45 horizontal resistance on radar
Technical Analysis: GBPUSD bulls print two-month high inside short-term rising channel

GBPUSD stays positive near the highest since early-September as the US dollar gets offered amid broad risk-on mood.

Denis Sergienko

2020-11-09

Technical Analysis: GBPUSD bulls print two-month high inside short-term rising channel
Technical Analysis: USDJPY bears look to yearly low on defying falling wedge

With the US dollar's stellar weakness dragging USDJPY below the three-month bottom the previous day, bears are determined to ignore oversold RSI conditions

Denis Sergienko

2020-11-06

Technical Analysis: USDJPY bears look to yearly low on defying falling wedge
Technical Analysis: EURUSD traders have a tough road to the north ahead of Fed

Although Joe Biden's nearness to the US presidency weighs on the US dollar off-late, multiple upside barriers probe the EURUSD bulls ahead of the Federal Reserve's (Fed) monetary policy meeting

Denis Sergienko

2020-11-05

Technical Analysis: EURUSD traders have a tough road to the north ahead of Fed
Technical Analysis: Gold sellers return even as US election polls blue wave hopes

The US dollar's gains weigh on the gold amid the initial updates. In doing so, the bullion steps back from a two-month-old falling trend line.

Denis Sergienko

2020-11-04

Technical Analysis: Gold sellers return even as US election polls blue wave hopes
Technical Analysis: AUDUSD keeps pullback from 100-day EMA on RBA-led bearish move

Although RBA couldn't please bears much, despite offering a 0.15% rate cut and A$100 billion QE, AUDUSD marks fourth U-turn from 100-day EMA While global markets are closing watching over the US

Denis Sergienko

2020-11-03

Technical Analysis: AUDUSD keeps pullback from 100-day EMA on RBA-led bearish move
Technical Analysis: Bumpy road for GBPUSD sellers ahead of 1.2865

Despite Brexit optimism, GBPUSD fails to defy the weakness portrayed from October 21 as the second lockdown in England rekindles fears of a double-dip recession

Denis Sergienko

2020-11-02

Technical Analysis: Bumpy road for GBPUSD sellers ahead of 1.2865
Technical Analysis: Brent breaks seven-week-old trend line to high June lows for oil bears

Brent oil prices recently conquered the key support line to confirm near-term bearish momentum.

Denis Sergienko

2020-10-30

Technical Analysis: Brent breaks seven-week-old trend line to high June lows for oil bears
Technical Analysis: EURUSD flirts with monthly support line on ECB day

EURUSD is yet to conquer an ascending trend line from September 25 as it faces key events like the US GDP and the ECB.

Denis Sergienko

2020-10-29

Technical Analysis: EURUSD flirts with monthly support line on ECB day
Technical Analysis: 200-candle SMA probes USDCAD bulls banking on BPC formation

USDCAD bulls need to defy the pullback (P) from 200-bar SMA to justify the latest bounce off resistance-turned-support, continuation (C) point.

Denis Sergienko

2020-10-28

Technical Analysis: 200-candle SMA probes USDCAD bulls banking on BPC formation
Technical Analysis: AUDUSD bulls battle key upside hurdle with diminishing strength

AUDUSD keeps its bounce off 100-day EMA, not to forget a one-month-old ascending trend line, amid normal RSI conditions However, a confluence of 21-day and 50-day EMA, followed by a descending

Denis Sergienko

2020-10-27

Technical Analysis: AUDUSD bulls battle key upside hurdle with diminishing strength