Technical Analysis: NZDUSD confirms falling wedge bullish formation on RBNZ move

NZDUSD registers the strongest intraday gains in three months after the Reserve Bank of New Zealand (RBNZ) announced plans to tapering bond purchases from late July.

Technical Analysis: Silver bears await rising wedge confirmation to retake controls

Silver prices remain pressured inside a short-term bearish chart pattern, rising wedge, amid the early Tuesday’s trading.

Technical Analysis: Brent oil bulls aren’t out of the woods

Brent oil struggles to keep bounce off 200-SMA above $76.00 as sellers attack 50-SMA amid early Monday.

Technical Analysis: USDCAD bulls battle 1.2545-50 key hurdle ahead of Canadian employment data

USDCAD struggles to defend a four-day uptrend ahead of the monthly employment data for Canada.

Technical Analysis: Eight-month-old support line test EURUSD bears on ECB day

EURUSD bounces off an ascending support line from November 2020 amid oversold RSI during early Thursday.

Technical Analysis: Gold buyers need acceptance beyond $1,800, FOMC Minutes eyed

Gold rises for the fifth straight day even as market sentiment dwindles. In doing so, the yellow metal keeps the previous day’s upside break of 100-DMA amid recovering oscillators.

Technical Analysis: AUDUSD again crosses seven-week-old hurdle on RBA moves

Despite pouring cold water on the face of monetary policy adjustment hopes, the Reserve Bank of Australia (RBA) manages to keep AUDUSD at the front of the G10 gainers.

Technical Analysis: GBPUSD bounce challenges short-term resistance line

Although US traders cheer extended weekend on Monday, UK PM Boris Johnson’s unlock plan details may help GBPUSD to entertain the markets.

Technical Analysis: Gold battles recovery point on US NFP Day

Gold extends early week recovery from March tops to poke 50-EMA ahead of the key US employment data.

Technical Analysis: Brent oil buyers remain hopeful inside five-week-old rising channel

Although the weekly falling trend line probes Brent oil buyers of late, the commodity prices remain inside an ascending trend channel from May 27.

Technical Analysis: Gold bears battle key horizontal support ahead of US ADP data

Gold justifies a downswing from 100-DMA and a 61.8% Fibonacci retracement break around $1,757 during early Wednesday.

Technical Analysis: EURUSD remains pressured below 50-SMA, monthly low in focus

Despite bouncing off intraday low, EURUSD remains below immediate hurdles, namely 50-SMA and weekly rising trend line.

Technical Analysis: AUDUSD bulls struggle between 50-SMA and previous support

Despite failing to cross the previous support line from May 13, AUDUSD holds onto bounce off 50-SMA amid early Monday.

Technical Analysis: Silver floats above $25.65-60 key support, 100-DMA eyed

Silver’s first weekly gain in four portrays the metal’s gradual recovery from 200-DMA and 61.8% Fibonacci retracement April-May upside.

Technical Analysis: EURUSD drops back below 200-day EMA to keep sellers hopeful

Sluggish markets and wobbling Treasury yields keep EURUSD below the key EMA amid a quiet session on early Thursday.