Market Insights

Technical Analysis: Gold marks another hesitant battle with 200-DMA

Gold's reluctance to close below an ascending trend line from March enables it to confront a 200-day moving average (DMA).

Denis Sergienko

2021-01-19

Technical Analysis: Gold marks another hesitant battle with 200-DMA

Technical Analysis: USDCAD buyers attack key resistance above 1.2750

While extending Friday’s corrective pullback near the lowest since April 2018, USDCAD probes one week high.

Denis Sergienko

2021-01-18

Technical Analysis: USDCAD buyers attack key resistance above 1.2750

Technical Analysis: AUDUSD eases from weekly resistance inside monthly ascending channel

AUDUSD fades the previous day’s upside momentum as risks turn heavy amid the coronavirus (COVID-19) fears.

Denis Sergienko

2021-01-13

Technical Analysis: AUDUSD eases from weekly resistance inside monthly ascending channel

Technical Analysis: GBPUSD consolidates gains within 10-week-old uptrend

GBPUSD keeps bounces off 200-SMA while picking up the bids near 1.3540 during early Tuesday.

Denis Sergienko

2021-01-12

Technical Analysis: GBPUSD consolidates gains within 10-week-old uptrend

Technical Analysis: Gold bears catch a breather

Gold prices bounce off $1817 to currently around $1840.

Denis Sergienko

2021-01-11

Technical Analysis: Gold bears catch a breather but 200-SMA guards immediate upside

Gold prices bounce off $1817 to currently around $1840.

Denis Sergienko

2021-01-11

Technical Analysis: Gold sellers aren’t invited beyond $1889

A pullback from $1959 directs gold sellers to attack a confluence of 50-SMA and an ascending trend line from November 30.

Denis Sergienko

2021-01-08

Technical Analysis: Gold sellers aren’t invited beyond $1889

Technical Analysis: 10-month-old resistance line probes EURUSD bulls near April 2018 top

EURUSD snaps three-day uptrend while reversing from the highest since April 2018 on early Thursday.

Denis Sergienko

2021-01-07

Technical Analysis: 10-month-old resistance line probes EURUSD bulls near April 2018 top

Technical Analysis: Rising wedge at multi-month top teases AUDUSD bears ahead of Georgia election results

AUD/USD teases a 33-month high around 0.7780 inside a bearish chart pattern as global markets await Georgia’s Senate runoff.

Denis Sergienko

2021-01-06

Technical Analysis: Rising wedge at multi-month top teases AUDUSD bears ahead of Georgia election results

Technical Analysis: Brent oil buyers can ignore short-term support break

Brent oil remains beyond 21-day SMA despite breaking an ascending trend line from early November.

Denis Sergienko

2021-01-05

Technical Analysis: Brent oil buyers can ignore short-term support break

Technical Analysis: Gold clears five-month-old resistance line, eyes $1965

Gold prices kick-start 2021 on a positive front while crossing a multi-day-old hurdle.

Denis Sergienko

2021-01-04

Technical Analysis: Gold clears five-month-old resistance line, eyes $1965

Technical Analysis: Gold teases monthly support line following failures to cross $1,900

Gold trades defensive despite the US dollar gauge’s (DXY) slump to the fresh low since April 2018.

Denis Sergienko

2020-12-30

Technical Analysis: Gold teases monthly support line following failures to cross $1,900

Technical Analysis: AUDUSD buyers can ignore Monday’s bearish spinning top

AUDUSD remains positive amid a risk-on mood. The pair failed to justify Trump's signing of the coronavirus (COVID-19) aid package.

Denis Sergienko

2020-12-29

Technical Analysis: AUDUSD buyers can ignore Monday’s bearish spinning top

Technical Analysis: GBPUSD bulls eye another confrontation with 1.3618/24 resistance area

GBPUSD stays above a one-week-old ascending trend line amid bullish MACD.

Denis Sergienko

2020-12-28

Technical Analysis: GBPUSD bulls eye another confrontation with 1.3618/24 resistance area

Technical Analysis: Bullish flag on weekly chart favors gold buyers

Gold prices paid a little heed to the Brexit deal announcement and the US stimulus news.

Denis Sergienko

2020-12-25