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Technical Analysis: AUDUSD bulls stay hopeful unless breaking 0.7185

Although 0.7300 acts as the immediate upside cap for AUDUSD, the pair's sustained trading above 100-bar EMA favors the buyers As a result, threats to the 0.7350 and 0.7400 levels to the north stay

Denis Sergienko

2020-09-07

Technical Analysis: AUDUSD bulls stay hopeful unless breaking 0.7185
Technical Analysis: EURUSD struggles to keep bounce off 200-bar SMA on NFP day

​Tuesday's pullback from a five-week-old resistance trend line by EURUSD reversed from the key SMA on Thursday.

Denis Sergienko

2020-09-04

Technical Analysis: EURUSD struggles to keep bounce off 200-bar SMA on NFP day
Technical Analysis: Brent oil sellers attack $43.80-70 support confluence

The oil traders aren't relieved from the biggest fall in ten weeks as the Brent remains on the back foot near a key support joint.

Denis Sergienko

2020-09-03

Technical Analysis: Brent oil sellers attack $43.80-70 support confluence
Technical Analysis: NZDUSD prints gramophone at multi-month high, 0.6800 in focus

Be it the broad market optimism or the RBNZ's comments suggesting no fears from the multi-month high of the NZDUSD pair, the quote manages to cheer everything while refreshing the highest since July

Denis Sergienko

2020-09-02

Technical Analysis: NZDUSD prints gramophone at multi-month high, 0.6800 in focus
Technical Analysis: USDJPY sellers eye further declines towards 105.20

In addition to the pair's pullback from 200-bar SMA, bearish MACD also suggests the USDJPY's further weakness.

Denis Sergienko

2020-09-01

Technical Analysis: USDJPY sellers eye further declines towards 105.20
Technical Analysis: Late-2018 top lures AUDUSD bulls post-200-week SMA

Although AUDUSD recedes the from the yearly high beyond 0.7350, the pair's sustained trading beyond 200-week SMA enables the bulls to attack December 2018 top near 0.7400 during the further upside

Denis Sergienko

2020-08-31

Technical Analysis: Late-2018 top lures AUDUSD bulls post-200-week SMA
Technical Analysis: GBPUSD eyes 1.3300 key hurdle ahead of BOE Gov. Bailey's speech

GBPUSD regains upside momentum while attacking the late-December 2019 peak of 1.3284 Having slipped from the yearly high the previous day.

Denis Sergienko

2020-08-28

Technical Analysis: GBPUSD eyes 1.3300 key hurdle ahead of BOE Gov. Bailey's speech
Technical Analysis: Gold trades near the key levels as Jackson Hole Symposium begins

With global markets waiting for Fed Chair Jerome Powell's power-play, up for publishing at 14:00 GMT, gold prices ease from short-term resistance line.

Denis Sergienko

2020-08-27

Technical Analysis: Gold trades near the key levels as Jackson Hole Symposium begins
Technical Analysis: 100-bar EMA questions Silver sellers inside short-term triangle

Although lower high formation keeps the Silver bears hopeful, a one-month-old triangle and 100-bar EMA probe the downside bias Among them, $26.25 becomes the immediate level, comprising the key EMA

Denis Sergienko

2020-08-26

Technical Analysis: 100-bar EMA questions Silver sellers inside short-term triangle
Technical Analysis: Brent oil pierces monthly resistance line, focus on $46.00

While keeping the recovery moves from 21-day SMA, Brent Oil prices cross a short-term falling trend line extended from August 05.

Denis Sergienko

2020-08-25

Technical Analysis: Brent oil pierces monthly resistance line, focus on $46.00
Technical Analysis: 100-bar SMA questions AUDUSD bulls

AUDUSD bulls shouldn't be cheering the pair's bounce off monthly support line even as market sentiment remains broadly upbeat.

Denis Sergienko

2020-08-24

Technical Analysis: 100-bar SMA questions AUDUSD bulls
Technical Analysis: EURUSD seesaws around 6-week-old support line on the PMI day

EURUSD portrays the second day of upside momentum following its U-turn from 1.1965 Even so, traders remain cautious ahead of the key preliminary PMI numbers from Eurozone and the US

Denis Sergienko

2020-08-21

Technical Analysis: EURUSD seesaws around 6-week-old support line on the PMI day
Technical Analysis: USDJPY bears keep the reins despite Wednesday’s run-up

A seven-week-old falling trend line keeps USDJPY bears hopeful along with failure to cross 21-day EMA and a sustained trading below the key Fibonacciretracement levels.

Denis Sergienko

2020-08-20

Technical Analysis: USDJPY bears keep the reins despite Wednesday’s run-up
Technical Analysis: GBPUSD directs pullback from resistance-turned-support towards yearly high

With the UK CPI flashing better-than-forecast figures, GBPUSD keeps attacking the yearly top surrounding 1.3265 Other than upbeat data, the pair's bounce off an ascending trend line from April 14

Denis Sergienko

2020-08-19

Technical Analysis: GBPUSD directs pullback from resistance-turned-support towards yearly high
Technical Analysis: Bullish Pennant on 4-hour keeps Brent Oil buyers hopeful

Although repeated failures to cross a two-week-old resistance line disappoint energy buyers, a bullish chart pattern beyond the key SMAs keeps the Brent bulls hopeful

Denis Sergienko

2020-08-18

Technical Analysis: Bullish Pennant on 4-hour keeps Brent Oil buyers hopeful