Market Insights

Technical Analysis: EURUSD eases below key hurdle as crucial testimony in the US looms

EURUSD fades bounce off 61.8% Fibonacci retracement of November-January upside as traders eye Congressional testimony

2021-03-23

Technical Analysis: EURUSD eases below key hurdle as crucial testimony in the US looms

Technical Analysis: Brent oil seeks fresh buying but $65.00 probes buyers

Brent oil’s bounce-off early February low has a bumpy road ahead as 200-SMA joins the previous support line from February 19.

Denis Sergienko

2021-03-22

Technical Analysis: Brent oil seeks fresh buying but $65.00 probes buyers

Technical Analysis: Gold consolidates recent gains inside bullish chart pattern

Gold keeps the previous day’s pullback from a multi-day-old resistance line, forming part of the falling wedge bullish chart.

Denis Sergienko

2021-03-19

Technical Analysis: Gold consolidates recent gains inside bullish chart pattern

Technical Analysis: GBPUSD stays inside bullish set-up on BOE Super Thursday

GBPUSD bulls catch a breather below a three-week-old resistance line after cheering the Fed-led run-up the previous day.

Denis Sergienko

2021-03-18

Technical Analysis: GBPUSD stays inside bullish set-up on BOE Super Thursday

Technical Analysis: EURUSD aims 200-DMA re-test with eyes on Federal Reserve

EURUSD bears are favored by MACD and weak RSI as global markets prepare for the Fed decision on Wednesday.

Denis Sergienko

2021-03-17

Technical Analysis: EURUSD aims 200-DMA re-test with eyes on Federal Reserve

Technical Analysis: Gold buyers stay hopeful on inverse head-and-shoulders

Gold heads to the key upside hurdle on the four-hour chart with the US dollar easing ahead of the Fed and bond bears are also catching a breather.

Denis Sergienko

2021-03-16

Technical Analysis: Gold buyers stay hopeful on inverse head-and-shoulders

Technical Analysis: GBPUSD fades bounce off key supports

GBPUSD drifts lower during early Monday. The quote fizzles recovery moves from 200-SMA portrayed during the last week amid downbeat RSI and M

Denis Sergienko

2021-03-15

Technical Analysis: GBPUSD fades bounce off key supports

Technical Analysis: USDCAD eyes Canadian employment data to extend latest bounce

Although a one-month-old support line triggered USDCAD bounce off two-week low, the pair isn’t sure of further upside ahead of the Canadian employment data

Denis Sergienko

2021-03-12

Technical Analysis: USDCAD eyes Canadian employment data to extend latest bounce

Technical Analysis: EURUSD recovery looks to ECB with bumpy road ahead

EURUSD wavers in a choppy range above 1.1900 as the pair traders await ECB's decision.

Denis Sergienko

2021-03-11

Technical Analysis: EURUSD recovery looks to ECB with bumpy road ahead

Technical Analysis: Gold fades bounce off key support line with eyes on US stimulus

Gold prints mild losses while taking a U-turn from 10-day SMA during early Wednesday.

Denis Sergienko

2021-03-10

Technical Analysis: Gold fades bounce off key support line with eyes on US stimulus

Technical Analysis: AUDUSD remains vulnerable despite corrective pullback above 0.7600

AUDUSD wavers around 11-week-old support during early Tuesday, recently bouncing off the monthly low.

Denis Sergienko

2021-03-09

Technical Analysis: AUDUSD remains vulnerable despite corrective pullback above 0.7600

Technical Analysis: Brent oil bulls confront key hurdle around $72.00

Having failed to conquer $72.00 during early 2020, Brent bulls again confront the key hurdle comprising 78.6% Fibonacci retracement level

Denis Sergienko

2021-03-08

Technical Analysis: Brent oil bulls confront key hurdle around $72.00

Technical Analysis: EURUSD bears embrace for further downside ahead of US NFP

EURUSD bears cheer downside break of 100-day SMA for the first in over four months.

Denis Sergienko

2021-03-05

Technical Analysis: EURUSD bears embrace for further downside ahead of US NFP

Technical Analysis: Gold bears set to retest seven-month-old support near $1,680

Gold’s sustained trading below a horizontal area established since May 2020 gained support from Treasury.

Denis Sergienko

2021-03-04

Technical Analysis: Gold bears set to retest seven-month-old support near $1,680

Technical Analysis: GBPUSD teases sellers ahead of UK budget

GBPUSD prices ahead of the key UK annual budget announcement, up for publishing around 12:30 GMT.

Denis Sergienko

2021-03-03

Technical Analysis: GBPUSD teases sellers ahead of UK budget