Market Insights

Technical Analysis: Gold marks stellar run-up to refresh record high with $1944

While crossing the landmarks one-by-one, Gold prices refreshed record high on Monday The yellow metal takes rounds to $1932 following the rally that crossed the year 2011 top with $1944.38 level

Denis Sergienko

2020-07-27

Technical Analysis: Gold marks stellar run-up to refresh record high with $1944

Technical Analysis: GBPUSD challenges monthly rising wedge on the data-packed day

GBPUSD remains on the front foot during the early Friday.

Denis Sergienko

2020-07-24

Technical Analysis: GBPUSD challenges monthly rising wedge on the data-packed day

Technical Analysis: Gold pumps up to challenge the record high above $1900

Gold bulls seem unstoppable as the yellow metal takes the bids near the highest levels since September 2011.

Denis Sergienko

2020-07-22

Technical Analysis: Gold pumps up to challenge the record high above $1900

Technical Analysis: AUDUSD bulls are on their way to June month top near 0.7065

While paying more attention to the stimulus of 750 billion Euros, AUDUSD pays a little heed to the RBA Governor Philip Lowe's signals for the rate cut

Denis Sergienko

2020-07-21

Technical Analysis: AUDUSD bulls are on their way to June month top near 0.7065

Technical Analysis: EURUSD refreshes 19-week top even as EU summit extends

EURUSD stays on the front foot while European leaders jostle over 750 billion Euros of the stimulus plan With the latest updates suggesting the frugals' easing of bias, the major pair surged to the

Denis Sergienko

2020-07-20

Technical Analysis: EURUSD refreshes 19-week top even as EU summit extends

Technical Analysis: Brent oil again fails to cross $43.65/70 upside barrier

Price of Brent oil mark another failure to cross a three-week-old horizontal resistance on Friday The black gold currently indicates pullback towards an ascending trend line from June 12, at $42.37

Denis Sergienko

2020-07-17

Technical Analysis: Brent oil again fails to cross $43.65/70 upside barrier

Technical Analysis: EURUSD justifies Wednesday's "shooting star" ahead of the ECB

Having flashed a bearish candlestick formation the previous day, EURUSD drops below 1.1400 ahead of the key European Central Bank (ECB) monetary policy meeting

Denis Sergienko

2020-07-16

Technical Analysis: EURUSD justifies Wednesday's "shooting star" ahead of the ECB

Technical Analysis: USDJPY remains below two-week-old resistance line despite BOJ's dovish halt

USDJPY remains lackluster above 107.00 as US dollar weakness dims the risk-on mood Further, the BOJ's inaction and warnings over additional economic hardships, due to the coronavirus (COVID-19)

Denis Sergienko

2020-07-15

Technical Analysis: USDJPY remains below two-week-old resistance line despite BOJ's dovish halt

Technical Analysis: AUDUSD portrays rising wedge on four-hour chart

Despite recently bouncing off 100-bar EMA, AUDUSD remains inside a bearish chart pattern on the four-hour timeframe. Considering the pair's latest pullback, 0.7000 regains market attention.

Denis Sergienko

2020-07-14

Technical Analysis: AUDUSD portrays rising wedge on four-hour chart

Technical Analysis: GBPUSD buyers eye 200-day SMA, yearly resistance line

GBPUSD bulls cheer broad US dollar weakness to attempt another confrontation with the key 1.2690/1.2700 resistance area including 200-day SMA and a falling trend line from December 2019

Denis Sergienko

2020-07-13

Technical Analysis: GBPUSD buyers eye 200-day SMA, yearly resistance line

Technical Analysis: NZDUSD rises over six-month top after China data

NZDUSD manages to cross the key 0.6580/85 horizontal resistance that has been restricting its upside since June 09.

Denis Sergienko

2020-07-09

Technical Analysis: NZDUSD rises over six-month top after China data

Technical Analysis: Gold eases from 8.5-year top, short-term rising wedge in focus

Having refreshed the highest levels since November 2011, Gold prices remain pressured below $1795.

Denis Sergienko

2020-07-08

Technical Analysis: Gold eases from 8.5-year top, short-term rising wedge in focus

Technical Analysis: AUDUSD eases from monthly top after RBA's dovish halt

AUDUSD recedes to 0.6950 as the RBA conveyed economic worries, due to the coronavirus (COVID-19).

Denis Sergienko

2020-07-07

Technical Analysis: AUDUSD eases from monthly top after RBA's dovish halt

Technical Analysis: USDJPY again confronts 100-day SMA amid surprise risk-on

With the global markets turning the focus away from the surge in the coronavirus (COVID-19) numbers and the US-China tension, expectations of the further monetary/fiscal support triggered risk-on

Denis Sergienko

2020-07-06

Technical Analysis: USDJPY again confronts 100-day SMA amid surprise risk-on

Technical Analysis: Brent oil takes the bids inside six-week-old rising wedge

Despite gradually extending the recovery moves from $40.00, currently around $42.60, the Brent Oil benchmark remains inside a short-term bearish chart formation

Denis Sergienko

2020-07-03

Technical Analysis: Brent oil takes the bids inside six-week-old rising wedge