Market Insights

Technical Analysis: Gold battles key hurdle to $1,960 near fresh five-month top

Risk-on mood propels gold prices to the fresh highs since January 08 during early Wednesday.

2021-05-26

Technical Analysis: Gold battles key hurdle to $1,960 near fresh five-month top

Technical Analysis: AUDUSD fades recovery moves inside monthly triangle

AUDUSD portrays sluggish sentiment on Tuesday but the US dollar weakness propels the quote towards the upper line of a short-term triangle.

Denis Sergienko

2021-05-25

Technical Analysis: AUDUSD fades recovery moves inside monthly triangle

Technical Analysis: Rising wedge near three-month top keep GBPUSD sellers hopeful

GBPUSD struggles for a clear direction inside a rising wedge bearish chart pattern on early Monday.

Denis Sergienko

2021-05-24

Technical Analysis: Rising wedge near three-month top keep GBPUSD sellers hopeful

Technical Analysis: Break of $66.20 keeps Brent oil sellers hopeful ahead of US PMIs

Brent oil traders defend $65.00 during early Friday, snapping a three-day downtrend.

Denis Sergienko

2021-05-21

Technical Analysis: Break of $66.20 keeps Brent oil sellers hopeful ahead of US PMIs

Technical Analysis: EURUSD bulls can ignore FOMC minutes-led pullback

EURUSD bounces off a three-day low after the FOMC minutes unearthed Fed tapering chatters and portrayed the heaviest daily losses in a week the previous da

Denis Sergienko

2021-05-20

Technical Analysis: EURUSD bulls can ignore FOMC minutes-led pullback

Technical Analysis: Gold battles seven-week-old resistance ahead of FOMC minutes

Gold prices remain sidelined near the upper band of an ascending trend channel from March-end amid overbought RSI.

Denis Sergienko

2021-05-19

Technical Analysis: Gold battles seven-week-old resistance ahead of FOMC minutes

Technical Analysis: GBPUSD braces for 1.4240 resistance confluence

GBPUSD pair’s sustained break above the previous high of the month.

Denis Sergienko

2021-05-18

Technical Analysis: GBPUSD braces for 1.4240 resistance confluence

Technical Analysis: AUDUSD looks set to retest 200-SMA support

China’s downbeat Retail Sales and Industrial Production joined the sluggish sentiment to weigh on AUDUSD during early Monday.

Denis Sergienko

2021-05-17

Technical Analysis: AUDUSD looks set to retest 200-SMA support

Technical Analysis: Gold sellers should wait for $1,797 breakdown

The latest gold recovery moves toward a short-term resistance line near $1,835. Bears should wait until $1,797 breakdown happens.

Angelina Morozova

2021-05-14

Technical Analysis: Gold sellers should wait for $1,797 breakdown

Technical Analysis: EURUSD bulls can ignore US CPI-led above 1.1970

EURUSD stays above the key support line from March 31. Considering the RSI bounce off oversold levels, the pair buyers are likely saved for now.

Angelina Morozova

2021-05-13

Technical Analysis: EURUSD bulls can ignore US CPI-led above 1.1970

Technical Analysis: GBPUSD prints rounding bottom bullish pattern on a key day

GBPUSD struggles amid the US dollar rebound and portrays a rounding bottom bullish chart formation. The US Consumer Price Index is awaited.

Angelina Morozova

2021-05-12

Technical Analysis: GBPUSD prints rounding bottom bullish pattern on a key day

Technical Analysis: Break of nearby support directs Brent oil sellers toward $67.00

Brent oil shows bearish sentiment staying below a fortnight-old support line. The sellers are well-directed towards monthly support line, near $66.90.

Angelina Morozova

2021-05-11