Market Insights

Technical Analysis: NZDUSD drops to 200-day SMA amid oversold RSI, USD GDP in focus

Despite breaking an upward sloping trendline since October-start, NZDUSD is yet to register a daily closing below 200-day SMA in order to extend the latest downpour.

Yulya Lobanova

2020-01-30

Technical Analysis: NZDUSD drops to 200-day SMA amid oversold RSI, USD GDP in focus

Technical Analysis: AUDUSD extends recovery gains on upbeat Aussie CPI data

Taking clues from better than the forecast readings of Australia's Q4 CPI data, AUDUSD extends rebound from 15-week-old horizontal support.

Yulya Lobanova

2020-01-29

Technical Analysis: AUDUSD extends recovery gains on upbeat Aussie CPI data

Technical Analysis: 8-day-old trend-line limits EURUSD's bounces off 61.8% Fibonacci

The EURUSD pair recently bounced off an eight-week low, near to 68.1% Fibonacci Retracement of its September-December upside.

Yulya Lobanova

2020-01-28

Technical Analysis: 8-day-old trend-line limits EURUSD's bounces off 61.8% Fibonacci

Technical Analysis: Gold bulls again attack $1588/90 horizontal resistance

Despite the on-going coronavirus woes that are helping the Gold off-late, the yellow metal registered another pullback from $1588/90 horizontal area, including highs marked on January 06, which in –turn favors the bullion's declines to 100-bar SMA level of $1557.

Yulya Lobanova

2020-01-27

Technical Analysis: Gold bulls again attack $1588/90 horizontal resistance

Technical Analysis: GBPUSD stays above 1.3100 support confluence before key UK PMIs

Considering the recent improvement in the UK's data-points, today's preliminary readings of Markit PMIs become the key for the GBPUSD traders.

Yulya Lobanova

2020-01-24

Technical Analysis: GBPUSD stays above 1.3100 support confluence before key UK PMIs

Technical Analysis: AUDUSD extends support-break towards 0.6800 amid fresh risk-off

Not only the break of six-week-old support-line, now resistance, but broad risk aversion amid an outbreak of Chinese coronavirus also favors the AUDUSD pair's further declines.

Yulya Lobanova

2020-01-22

Technical Analysis: AUDUSD extends support-break towards 0.6800 amid fresh risk-off

Technical Analysis: USDJPY weighs down by fresh risk-off despite BOJ's inaction

USDJPY revisits sub-110.00 area as fears of China's coronavirus and IMF's downgrade of global growth forecast superseded the BOJ's upward revision to GDP forecasts and no change in the current monetary policy.

Yulya Lobanova

2020-01-21

Technical Analysis: USDJPY weighs down by fresh risk-off despite BOJ's inaction

Technical Analysis: WTI fails to clear 21-day EMA despite the geopolitical crisis in Libya/Iraq

News of blockage in Libyan exports and a shutdown of the Iraqi oil pipelines triggered oil's early-day run-up to the highest since January 10.

Yulya Lobanova

2020-01-20

Technical Analysis: WTI fails to clear 21-day EMA despite the geopolitical crisis in Libya/Iraq

Technical Analysis: 100-bar SMA, 38.2% Fibonacci keep AUDUSD buyers in check

Gradual recoveries from 0.6850 fail to cross a confluence of 100-bar SMA and 8.2% Fibonacci retracement of the AUDUSD pair's November-December 2019 upside, around 0.6925/30.

Yulya Lobanova

2020-01-16

Technical Analysis: 100-bar SMA, 38.2% Fibonacci keep AUDUSD buyers in check

Technical Analysis: USDJPY stays above key resistance-turned-support after BOJ

With the US-China trade deal optimism all around, USDJPY traders ignore downbeat comments from the BOJ Governor Haruhiko Kuroda on Wednesday.

Yulya Lobanova

2020-01-15

Technical Analysis: USDJPY stays above key resistance-turned-support after BOJ

Technical Analysis: Gold sellers look for entry below $1553/52

Despite failures to stay positive beyond 61.8% FE of its June-September upside, Gold prices are yet to slip beneath early-September tops, which in turn keeps the buyers hopeful.

Yulya Lobanova

2020-01-13

Technical Analysis: Gold sellers look for entry below $1553/52

Technical Analysis: USDCAD pierces monthly resistance line ahead of US/Canada employment data

Despite rising to a two-week high during the previous day, USDCAD failed to close beyond 21-day SMA.

Yulya Lobanova

2020-01-10

Technical Analysis: USDCAD pierces monthly resistance line ahead of US/Canada employment data

Technical Analysis: AUDUSD benefits from risk recovery, ignores China data, as aiming 200-DMA

AUDUSD pays less attention to softer than expected China inflation numbers for December as market's risk tone remains supported by receding odds of the US-Iran war.

Yulya Lobanova

2020-01-09

Technical Analysis: AUDUSD benefits from risk recovery, ignores China data, as aiming 200-DMA

Technical Analysis: WTI fails to clear 7-month-old resistance despite Iran attacks on the US military bases

The early Wednesdays WTI rally to the multi-month top couldn't last long. The absence of immediate US-Iran war, despite Tehran's attack on the US military camps in Iraq, seems to disappoint the black gold buyers off-late.

Yulya Lobanova

2020-01-08

Technical Analysis: WTI fails to clear 7-month-old resistance despite Iran attacks on the US military bases

Technical Analysis: Overbought RSI conditions check Gold buyers at multi-year top

Gold prices recently crossed a multi-year-old rising trend-channel and extended the north-run to the highest since April 2013.

Yulya Lobanova

2020-01-06

Technical Analysis: Overbought RSI conditions check Gold buyers at multi-year top