Technical Analysis: NZDUSD confirms rising wedge bullish pattern on strong NZ employment

The NZDUSD prices beyond a key hurdle from mid-June, which in turn confirmed a bullish formation.

Technical Analysis: AUDUSD bulls attack monthly hurdle on hawkish RBA

The Reserve Bank of Australia’s (RBA) keeping of September tapering on the table, despite covid woes at home, offered over 40 pips of immediate upside to the AUD/USD pair on the announcement.

Technical Analysis: Silver bulls seek entries beyond $25.85

Despite bouncing off a four-month low during the last week, silver buyers need validation from the 200-SMA level near $25.85 to retake the controls.

Technical Analysis: Brent oil stays on the way to $76.25 despite recent pullback

Brent oil prices ease from the two-week top during early Friday. However, the British oil benchmark holds onto the three-week-old resistance breakout.

Brent oil technical analysis July 30
Technical Analysis: EURUSD heads to 1.1880 key resistance ahead of US GDP

The post-Fed rally of EURUSD pokes a two-week-old resistance line as bulls brace for the preliminary figures of the US Q2 GDP, up for publishing later today.

Technical Analysis: Gold recovery remains elusive below $1,810, focus on Fed

Although US dollar weakness ahead of the Fed’s verdict put a bid under gold prices, a confluence of 100 and 50-SMA becomes a tough nut to crack for the bulls around $1,807-08.

Technical Analysis: AUDUSD bulls have a bumpy road ahead

AUDUSD refreshes intraday low under 0.7400 threshold as covid woes escalate in Australia, taking down the overall risk sentiment amid pre-Fed cautious mood.

Technical Analysis: USDCAD gyrates inside key SMA envelope as FOMC week begins

USDCAD holds onto a three-week-old support line, also staying between 50 and 100-SMAs of late.

Technical Analysis: Gold fades bounce off 100-DMA inside $30 range

Gold prices remain pressured towards 100-DMA retests, reversing the previous day’s bounce.

Technical Analysis: EURUSD eyes monthly resistance ahead of ECB

EURUSD holds onto the previous day’s bounce off three-month low, though with a lesser pace, towards a downward sloping resistance line from June 25.

Technical Analysis: Brent oil battles 100-DMA to keep bounce off key support line

Brent oil buyers jostle with 100-DMA while extending the previous day’s rebound from a two-month low, not to forget an ascending support line from late March.

Technical Analysis: AUDUSD bears jostle with 10-month-old horizontal support

Delta covid variant keeps pushing more parts of Australia under local lockdowns, dragging AUDUSD to refresh yearly low.

Technical Analysis: GBPUSD confirms bearish flag on UK “Freedom Day”

GBPUSD prices to break the monthly rising channel, confirming the bearish flag chart pattern in turn.

Technical Analysis: Gold buyers brace for $1,850

Gold prices recently pulled back from 50% Fibonacci retracement amid overbought RSI conditions on the four-hour chart.

Technical Analysis: AUDUSD battles with 50-SMA inside monthly falling wedge

AUDUSD rebound remains capped below 50-SMA, the hurdle that guards the upside momentum for the last one week.