Market Insights

Technical Analysis: Gold extends pullback from 200-DMA to attack monthly support

Gold keeps losses rolling for the second consecutive day, extending Tuesday’s U-turn from 200-DMA amid the initial European session on Thursday.

Denis Sergienko

2021-09-16

Technical Analysis: Bearish marubozu keeps AUDUSD sellers hopeful

Despite recently bouncing off a monthly low, AUDUSD remains pressured around 20-DMA during early Wednesday.

Denis Sergienko

2021-09-15

Technical Analysis: EURUSD bears need 1.1790 break to keep controls on US inflation day

EURUSD struggles to keep rebound from monthly low ahead of the key US Consumer Price Index (CPI) data for August.

Denis Sergienko

2021-09-14

Technical Analysis: Brent oil pierces 10-week-old resistance to regain $74.00

Brent oil prices jump to a one-week top while crossing a downward sloping trend line from July 06.

Denis Sergienko

2021-09-13

Technical Analysis: EURUSD bulls need 1.1840 breakout to prosper

EURUSD gains have recently been challenged by a one-week-old descending trend line near 1.1840.

Denis Sergienko

2021-09-10

Technical Analysis: Gold bears hold controls below $1,800, ECB awaited

Gold remains depressed around the lowest in two weeks as market sentiment sours ahead of the key European Central Bank (ECB) monetary policy meeting on Thursday.

Denis Sergienko

2021-09-09

Technical Analysis: USDCAD keeps rebound from 100-day EMA ahead of BOC

USDCAD bounce off 100-day EMA, keeping the recovery moves ahead of the key Bank of Canada (BOC) monetary policy meeting.

Denis Sergienko

2021-09-08

Technical Analysis: AUDUSD bears attack 0.7400 key support despite RBA tapering

AUDUSD jumped around 30 pips just after the RBA news to keep traders hoping for a delay in the tapering plans.

Denis Sergienko

2021-09-07

Technical Analysis: EURUSD eases from key hurdle but bulls stay hopeful as ECB week begins

EURUSD consolidates recent gains around the five-week top, snapping a six-day uptrend, during a sluggish start to the week.

Denis Sergienko

2021-09-06

Technical Analysis: Gold buyers remain hopeful beyond $1,804 key support, US NFP eyed

Gold prices stay above 100-day and 200-day EMA confluence amid firmer RSI and MACD conditions.

Denis Sergienko

2021-09-03

Technical Analysis: GBPUSD rises towards the key 1.3830 hurdle

GBPUSD remains firm for the fifth consecutive day, around 1.3780 during early Thursday. In doing so, the cable pair justified upbeat RSI conditions

Denis Sergienko

2021-09-02

Technical Analysis: AUDUSD bulls need to tackle 0.7320-25 hurdle to keep the reins

AUDUSD bulls battle the key resistance, namely 200-SMA, during early Wednesday. Given the Aussie pair’s sustained rebound from the previous resistance line

Denis Sergienko

2021-09-01

Technical Analysis: USDCAD breaks 1.2590 key support ahead of Canada Q2 GDP

USDCAD smashes a convergence of 200-SMA and an ascending support line from July as the pair traders await Canada’s Q2 GDP details.

Denis Sergienko

2021-08-31

Technical Analysis: Brent oil buyers can ignore pullback from 18-day top

Brent oil prices step back from multi-day high towards $72.00 during early Monday.

Denis Sergienko

2021-08-30

Technical Analysis: Gold jumps back beyond 200-SMA ahead of Fed Chair Powell speech

Gold justifies the rebound from a two-week-old rising support line to cross the 200-SMA, suggesting further advances towards the key resistance line from July 29, around $1,806.

Angelina Morozova

2021-08-27