Technical Analysis: USDJPY struggles between 200-bar SMA and 23.6% Fibonacci

Amid mixed sentiment and neutral RSI conditions, USDJPY fails to extend its break of 200-bar SMA beyond 23.6% Fibonacci retracement of the previous month's run-up

Technical Analysis: USDJPY struggles between 200-bar SMA and 23.6% Fibonacci
Technical Analysis: GBPUSD portrays bullish flag on H4

Despite witnessing a pullback since early Wednesday, GBPUSD stays within a bullish technical chart pattern which gets confirmation on the break of 1.2375

Technical Analysis: GBPUSD portrays bullish flag on H4
Technical Analysis: AUDUSD rises further inside ascending trend channel post-RBA

AUDUSD stretches the recovery gains beyond the monthly resistance line, now the immediate support, after the RBA matched wide market expectations of no rate change

Technical Analysis: AUDUSD rises further inside ascending trend channel post-RBA
Technical Analysis: Gold probes monthly resistance line

Gold prices currently confront a month-old falling trend line resistance around $1618/20, a break of which will enable buyers to extend recovery gains from 50% Fibonacci retracement level towards

Technical Analysis: Gold probes monthly resistance line
Technical Analysis: EURUSD remains weak before key US employment/PMI data

In addition to a descending trend line from March 09, the weekly falling resistance line also portrays the EURUSD pair's weakness ahead of the key US NFP and ISM Non-Manufacturing PMI data

Technical Analysis: EURUSD remains weak before key US employment/PMI data
Technical Analysis: NZDUSD struggles between 10-day and 21-day SMAs

NZDUSD defies the previous three-day declines while bouncing off 10-day SMA on Thursday.

Technical Analysis: NZDUSD struggles between 10-day and 21-day SMAs
Technical Analysis: WTI can refresh 18-year low as bears do not relinquish control

Having failed to stay beyond $20.00, needless to mention about the immediate resistance line, WTI remains vulnerable to refresh the 18-year low As a result, a three-week-old falling trend line near

Technical Analysis: WTI can refresh 18-year low as bears do not relinquish control
Technical Analysis: GBPUSD pulls back from 200-bar EMA, overbought RSI signals further selling

Despite staying close to a two-week high, GBPUSD fails to clear 200-bar EMA amid, not to mention about 61.8% Fibonacci retracement of its early-month declines.

Technical Analysis: GBPUSD pulls back from 200-bar EMA, overbought RSI signals further selling
Technical Analysis: Break of weekly support line signals return of 0.5700 for AUDUSD

With the clear break of the weekly ascending support line, AUDUSD is likely to decline towards the weekly low surrounding 0.5700.

Technical Analysis: Break of weekly support line signals return of 0.5700 for AUDUSD
Technical Analysis: Gold buyers remain hopeful despite overbought RSI

In addition to the bullion's sustained run-up beyond 200-bar SMA, it's failure to extend the pullback below 61.8% Fibonacci retracement also keep the gold buyers hopeful despite overbought RSI.

Technical Analysis: Gold buyers remain hopeful despite overbought RSI
Technical Analysis: NZDUSD justifies Monday's bullish spinning top to target 10-day SMA

NZDUSD sustains the recovery gains portrayed by Monday's bullish candlestick formation while oversold RSI adds strength to the odds favoring the pair's pullback

Technical Analysis: NZDUSD justifies Monday's bullish spinning top to target 10-day SMA
Technical Analysis: 200-bar SMA, fortnight-old rising trendline question USDJPY sellers

USDJPY fails to hold onto recovery gains that, together with overbought RSI conditions, signal the pair's likely drop to the short-term rising trend line and 200-bar SMA around 108.75 and 108.55

Technical Analysis: 200-bar SMA, fortnight-old rising trendline question USDJPY sellers
Technical Analysis: EURUSD struggles to extend the dip below 28-month-old support line

Having slumped to the lowest in three years, EURUSD seems to pare losses while bouncing off the multi-month-old support line.

Technical Analysis: EURUSD struggles to extend the dip below 28-month-old support line
Technical Analysis: AUDUSD flashes fresh 17-year low after RBA's rate cut, QE

Following the RBA's 25 basis point rate cut and bond purchase target, mostly known as the quantitative easing (QE), AUD/USD dropped to the fresh low since late-2002

Technical Analysis: AUDUSD flashes fresh 17-year low after RBA's rate cut, QE
Technical Analysis: USDCAD takes rounds to three-year high ahead of Canadian CPI

Following its sustained break beyond 23.6% Fibonacci retracement of a sharp rise during 2015, the USDCAD seesaws near three-year high ahead of the key Canadian inflation data.

Technical Analysis: USDCAD takes rounds to three-year high ahead of Canadian CPI