Market Insights

Technical Analysis: NZDUSD bulls battle 0.7180 hurdle on upbeat NZ catalysts

NZDUSD is expected to further move upside towards a two-week-old horizontal resistance area around 0.7220.

2021-05-05

Technical Analysis: NZDUSD bulls battle 0.7180 hurdle on upbeat NZ catalysts

Technical Analysis: Brent oil drops towards monthly support line

Brent oil prices fail to keep Friday’s bounce off $66.70 while dropping back towards an ascending trend line from April 07, around $65.55.

Denis Sergienko

2021-05-04

Technical Analysis: Brent oil drops towards monthly support line

Technical Analysis: 100-day SMA, monthly support line defend AUDUSD bulls

AUDUSD stays beyond the 100-day SMA and shows ascending trend. However, the buyers seem to be stepping back. The bears should be ready.

Angelina Morozova

2021-05-04

Technical Analysis: 100-day SMA, monthly support line defend AUDUSD bulls

Technical Analysis: GBPUSD buyers catch a breather on the way to 1.4000

GBPUSD buyers are hopeful despite the latest pullback, sustained trading beyond 200-SMA and a three-week-old ascending trend line

Denis Sergienko

2021-04-30

Technical Analysis: GBPUSD buyers catch a breather on the way to 1.4000

Technical Analysis: Rising wedge near February high tests EURUSD bulls ahead of US GDP

EURUSD eases to 1.2130, following its run-up to a two-month high, during early Thursday.

Denis Sergienko

2021-04-29

Technical Analysis: Rising wedge near February high tests EURUSD bulls ahead of US GDP

Technical Analysis: Gold looks set for further losses ahead of FOMC

Gold sellers cheer a clear downside break of the monthly support line, now resistance, amid bearish MACD signals near the lowest in a week.

Denis Sergienko

2021-04-28

Technical Analysis: Gold looks set for further losses ahead of FOMC

Technical Analysis: NZDUSD suggests pullback inside monthly rising wedge

NZDUSD buyers attack the upper line of the short-term rising wedge bearish chart pattern on early Tuesday.

Denis Sergienko

2021-04-27

Technical Analysis: NZDUSD suggests pullback inside monthly rising wedge

Technical Analysis: AUDUSD bulls stay hopeful on crossing two-month-old trend line hurdle

AUDUSD bulls to aim for a five-week-long resistance line, near 0.7810 with a a clear breakout of a downward sloping trend line from early March.

Denis Sergienko

2021-04-26

Technical Analysis: AUDUSD bulls stay hopeful on crossing two-month-old trend line hurdle

Technical Analysis: Rising wedge on 4H keeps gold sellers hopeful

Gold picks up bids inside a two-week-old bearish chart pattern during early Friday.gold sellers are hopeful.

Denis Sergienko

2021-04-23

Technical Analysis: Rising wedge on 4H keeps gold sellers hopeful

Technical Analysis: EURUSD looks set to refresh two-month top, ECB in focus

EURUSD traders turn optimistic ahead of Thursday’s European Central Bank (ECB) meeting.

Denis Sergienko

2021-04-22

Technical Analysis: EURUSD looks set to refresh two-month top, ECB in focus

Technical Analysis: Brent oil bears need 200-SMA breakdown to keep the reins

With the pandemic woes back to the table, fears of depleting oil demand and scheduled jump in supplies weigh on Brent prices during early Wednesday.

Denis Sergienko

2021-04-21

Technical Analysis: Brent oil bears need 200-SMA breakdown to keep the reins

Technical Analysis: GBPUSD bulls eye 1.4025-35 horizontal resistance

GBPUSD extends the upside break of the two-month-old resistance line, now support, towards horizontal hurdles comprising late February tops.

Denis Sergienko

2021-04-20

Technical Analysis: GBPUSD bulls eye 1.4025-35 horizontal resistance

Technical Analysis: EURUSD teases short-term rising wedge confirmation on 4H

EURUSD again eyes the 1.1990–1.2000 horizontal resistance area established since early March.

Denis Sergienko

2021-04-19

Technical Analysis: EURUSD teases short-term rising wedge confirmation on 4H

Technical Analysis: Gold flirts with previous resistance line during BPC play on 4H

Gold’s pullback from a two-month low, followed by a bounce off the previous resistance line, portrays a BPC bullish chart.

Denis Sergienko

2021-04-16

Technical Analysis: Gold flirts with previous resistance line during BPC play on 4H

Technical Analysis: USDJPY signals further losses below 109.00

USDJPY’s failures to regain above 200-SMA, coupled with monthly falling channel formation, favor bears targeting an ascending support line from March 05

Denis Sergienko

2021-04-15

Technical Analysis: USDJPY signals further losses below 109.00