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Technical Analysis (Page 2)

USDJPY eases from key hurdle to the north ahead of BoJ, NFP

USDJPY looses in a three for the first time in a week featuring BoJ Monetary Policy Meeting NFP looms.

Gold grinds between 50-EMA and 200-EMA ahead of crucial week

Although gold makes the first weekly gain, the asset is within the key moving average envelope.

EURUSD stays on the bear’s radar despite recent rebound

EURUSD crosses a one-month-old descending trend line to make a good start in March.

GBPUSD braces for a bull run, falling wedge in focus

GBPUSD holds onto a falling wedge - a one-month-old bullish chart formation.

USDCAD bulls need to cross 1.3700 for confirmation

USDCAD bulls struggle tp defend two-week-old winning steak and need to cross 1.3700 for confirmation.

AUDUSD turns bearish but road to the south is long and bumpy

AUDUSD turns bearish but road to the south is long and bumpy with a three-month-old ascending trend line.

NZDUSD bears struggle with 200-DMA on RBNZ day

NZDUSD dribbles around a seven-week low as the Reserve Bank of New Zealand (RBNZ) announced a 0.50% rate hike on Wednesday.

Ascending triangle teases GBPUSD bears ahead of UK PMI

GBPUSD stays defensive inside a three-month-old ascending triangle.

AUDUSD stays bearish unless crossing 0.6950

AUDUSD braces for the first monthly loss in four despite Friday’s rebound from the 61.8% Fibonacci retracement of its December 2022.

Gold approaches key support surrounding $1,820

Gold approaches key support surrounding $1,820 and extends the early February fall towards 2-month-old horizontal support.

AUDUSD sellers need 200-DMA breakdown to keep control

AUDUSD bounces off 50-DMA, following a retreat from the 3.5-month-old previous support line.

GBPUSD recovery remains unconvincing ahead of UK inflation

GBPUSD holds onto the recovery from an early February rebound from a three-month-old ascending support line, staying beyond the 100-day EMA to lure more bids.