Logout
Are you sure you want to exist?

Technical Analysis (Page 16)

2023-07-06
GBPUSD recovery appears elusive below 1.2850

GBPUSD defends the last Thursday’s rebound from the 200-EMA to brace for the first weekly gain in three.

2023-07-05
Falling wedge highlights EURUSD as markets await FOMC Minutes

EURUSD pares weekly losses within a fortnight-long falling wedge bullish chart formation ahead of Fed Minutes.

2023-07-04
AUDUSD run-up hinges on 0.6700 break, market’s confidence in RBA

The chances of seeing more upward movement in AUDUSD seem uncertain due to the 21-EMA and 50-EMA coming together near the 0.6700 level, which poses a challenge for bullish traders.

2023-07-03
USDJPY bulls seem tiring but bears need rising wedge confirmation

The USDJPY currency pair has experienced a notable reversal from its eight-month high, which has significance for the sellers.

2023-06-30
EURUSD bears have a long road ahead before taking control

EURUSD holds onto the previous week’s U-turn from a five-month-old horizontal resistance.

2023-06-29
Gold sellers are ready to break $1,900 but road to the south is rough

Gold price is likely to remain bearish but the south run is less likely to be smooth.

2023-06-28
AUDUSD bulls have tough time regaining control on Australia inflation day

AUDUSD remains on the back foot at the three-week low after posting the biggest weekly loss since August 2022 on Australia inflation day.

2023-06-27
USDCAD has more downside room as Canada inflation looms

USDCAD remains depressed at the year-to-date levels ahead of Canada inflation and US Durable Goods Orders.

2023-06-26
GBPUSD is still not for the bears

Despite posting the first weekly loss in four, the GBPUSD pair stays beyond the key supports.

2023-06-23
Gold Price gradually declines towards $1,900

Gold Price breaks a month-old bearish channel towards the south and suggests further downside past the latest three-month low surrounding $1,920.

2023-06-22
GBPUSD stays on bull’s list despite pre-BoE retreat

GBPUSD dropped in the last three consecutive days and is on the way to posting the first weekly loss in four, despite the latest rebound.

2023-06-21
EURUSD bulls are still in the game despite retreat

EURUSD pares the biggest weekly gain since early January ever since it reversed from the monthly high on Friday.