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EURUSD fades bounce off 61.8% Fibonacci retracement of November 2020 to January 2021 upside amid fresh selling pressure witnessed ruing early Friday.
USDCHF extends Fed-led rally to the fresh high since May 06 even as the Swiss National Bank (SNB) reiterated status-quo during early Thursday.
Gold struggles for a clear direction, after a three-day south-run, during early Wednesday.
Although AUDUSD keeps Monday’s recovery moves around 0.7700, the pair bulls have a bumpy road ahead.
GBPUSD pays a little heed to the price-negative catalysts during early Monday to ignore the confirmation of a four-week delay in the UK’s unlock.
EURUSD struggles to extend post-ECB/US CPI-led run-up during early Friday. The pair’s bounce off 200-SMA fades below 100-SMA.
Gold prices remain on the back foot amid anxious hours of early Thursday as markets wait for the ECB and the US Consumer Price Index (CPI) data.
AUDUSD reverses the previous day’s losses while a bounce off 50-day and 100-day SMA confluence near 0.7730-25.
USDCAD reverses Friday’s losses inside a bullish chart pattern, falling wedge, on the daily play.
GBPUSD is found inside a two-week-old rectangle formation between 1.4250 and 1.4190.
Brent oil holds onto a weekly uptrend despite the previous day’s pullback moves.
AUDUSD bulls step back from a convergence of a three-week-old resistance line and 100-SMA
GBPUSD fades bounce off monthly support line during the quiet Asian session on Monday.
Cautious markets drag EURUSD to a two-month-old support line, adjacent to 100-SMA, during early Friday.
Although the US dollar rebound dragged NZDUSD from 0.7300, the kiwi pair keeps the short-term triangle breakout.