Market Insights

Technical Analysis: USDJPY drops below 100/200-day SMAs amid US-Iran tension

With the news of the US airstrikes in Baghdad killing the key Iranian military leader crossing wires, the market's rush to safe-haven magnified during early Friday.

Yulya Lobanova

2020-01-03

Technical Analysis: USDJPY drops below 100/200-day SMAs amid US-Iran tension

Technical Analysis: WTI confirms short-term "Rising Wedge" despite upbeat catalysts

Although US-China trade optimism and welcome data from China keeping the market's risk tone positive, WTI confirms the bearish chart pattern on Thursday.

Yulya Lobanova

2020-01-02

Technical Analysis: WTI confirms short-term "Rising Wedge" despite upbeat catalysts

Technical Analysis: AUDUSD stays strong beyond the yearly trendline with eyes on 50% Fibo.

A sustained break of the yearly trend line enables the Aussie bulls to take aim at 50% Fibonacci retracement of late-2018 tops to October 2019 lows, at 0.7030.

Yulya Lobanova

2019-12-30

Technical Analysis: AUDUSD stays strong beyond the yearly trendline with eyes on 50% Fibo.

Technical Analysis: Gold buyers look upon 12-week-old horizontal resistance

Despite surging to the seven-week top, Gold prices aren't out of the woods yet. The reason being overbought conditions of the RSI and absence of breaking 12-week-old horizontal resistance.

Yulya Lobanova

2019-12-27

Technical Analysis: NZDUSD flashes Bullish Marubozu at 5-month high amid overbought RSI

The bullish candlestick formation on the NZDUSD pair's daily chart struggles to perform amid overbought RSI conditions.

Yulya Lobanova

2019-12-24

Technical Analysis: NZDUSD flashes Bullish Marubozu at 5-month high amid overbought RSI

Technical Analysis: USDCAD forms falling wadge near the multi-week low

Despite declining to the multi-week low on Wednesday, USDCAD forms a bullish chart pattern on the four-hour chart.

Yulya Lobanova

2019-12-23

Technical Analysis: USDCAD forms falling wadge near the multi-week low

Technical Analysis: EURUSD bounces off 100-day SMA amid US-China trade tension

Although the US President Donald Trump's announcement of nearness to signing the phase-one initially extended the EURUSD pair's previous downpour, the quote recently bounced off 100-day SMA as China warns the US to stay out of internal matters.

Yulya Lobanova

2019-12-23

Technical Analysis: EURUSD bounces off 100-day SMA amid US-China trade tension

Technical Analysis: Multiple bottoms near 61.8% Fibo keep 1.0990 on EURUSD sellers’ radar

While a short-term falling triangle is appealing on the face of EURUSD's H4 chart, pair's multiple bounces off 1.0990, coupled with the recent lower low formation, keep sellers on the alert.

Yulya Lobanova

2019-12-18

Technical Analysis: Multiple bottoms near 61.8% Fibo keep 1.0990 on EURUSD sellers’ radar

Technical Analysis: EURUSD struggles to remain beyond 61.8% Fibonacci on NFP day

Despite staying beyond 200-bar SMA, EURUSD repeatedly fails to hold onto gains above 61.8% Fibonacci retracement of October-November declines.

Yulya Lobanova

2019-12-18

Technical Analysis: EURUSD struggles to remain beyond 61.8% Fibonacci on NFP day

Technical Analysis: Bullish pennant on H4 makes AUDUSD buyers hopeful

Repeated failures to cross 61.8% Fibonacci retracement falls short of portraying the AUDUSD pair's weakness as a bullish pennant formation on H4 keeps buyers hopeful.

Yulya Lobanova

2019-12-18

Technical Analysis: Bullish pennant on H4 makes AUDUSD buyers hopeful

Technical Analysis: USDJPY struggles between 100/200-day EMA during the key week

The USDJPY pair's repeated bounces off 100-day EMA have recently been tamed by the 200-day EMA, which in turn confines the pair's trading range between 108.40 and 108.80 respectively.

Yulya Lobanova

2019-12-18

Technical Analysis: USDJPY struggles between 100/200-day EMA during the key week

Technical Analysis: UK election will determine the fate of GBPUSD rally

Although a sustained break of 200-week SMA, followed by run-up beyond multi-year-old trendline, favors the GBPUSD pair's further upside, it all depends upon today's UK election results.

Yulya Lobanova

2019-12-18

Technical Analysis: UK election will determine the fate of GBPUSD rally

Technical Analysis: GBPUSD holds Friday's gap-up, Bulls target 1.3500 before UK PMI

GBPUSD stays well above Friday's gap-up beyond five-month-old resistance turned support ahead of the preliminary readings of British PMIs.

Yulya Lobanova

2019-12-18

Technical Analysis: GBPUSD holds Friday's gap-up, Bulls target 1.3500 before UK PMI

Technical Analysis: 200-bar SMA, monthly support-line keep AUDUSD buyers hopeful

Not only dovish bias of the RBA minutes but doubts over the success of the US-China trade deal, mostly known as phase-one, triggered the AUDUSD pair's latest pullback.

Yulya Lobanova

2019-12-18

Technical Analysis: 200-bar SMA, monthly support-line keep AUDUSD buyers hopeful

Technical Analysis: WTI pulls back from six-week-old ascending channel's resistance

Despite rising to the fresh three-month high during the previous day, WTI fails to extend its run-up as an upward sloping trend channel's resistance, around $60.70 now, drags the energy benchmark on early Wednesday.

Yulya Lobanova

2019-12-18

Technical Analysis: WTI pulls back from six-week-old ascending channel's resistance