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Market Analysis (Page 52)

2022-11-16
EURUSD needs a sustained break of 1.0430 to avoid a pullback

EURUSD refreshed a 4.5-month high by piercing the 200-DMA ahead of the US Retail Sales.

2022-11-15
GBPUSD buyers are all set to confront the 1.2030 hurdle

GBPUSD bulls approach the key resistance line, stretched from mid-June, ahead of the UK’s employment numbers.

2022-11-14
USDJPY bears brace for 136.00

A clear downside break of the 100-DMA, as well as a daily closing below July’s peak, keeps USDJPY sellers hopeful.

2022-11-11
GBPUSD remains firmer as traders await UK GDP

GBPUSD’s rally post-US inflation data enabled it to poke the 100-DMA for the first time since late February.

2022-11-10
Gold buyers need $1,720 breakout to keep the controls

Gold prices are so far up for the second consecutive week as traders await the key US inflation data.

2022-11-09
AUDUSD bulls flex muscles but 0.6530 holds the gate

AUDUSD retreats to the upper line of a one-month-old symmetrical triangle.

2022-11-08
EURUSD gradually rises inside six-week-old bullish channel

EURUSD extends the previous three-week uptrend as traders await Eurozone Retail Sales and the US inflation data.

2022-11-07
USDCAD bears are far from taking control

USDCAD posted the biggest daily slump in six years on Friday and pushed back the bulls.

2022-11-03
GBPUSD must defend 1.1360 level to keep bears away on BOE day

GBPUSD grinds lower so far during November, after posting the biggest monthly gains since July 2020.

2022-11-02
EURUSD buyers need validation from 1.0100 and Fed

EURUSD defends the upside break of the 50-DMA and five-month-old descending trend line as traders await the Fed’s verdict on Wednesday.

2022-11-01
AUDUSD sellers struggle on the RBA day

AUDUSD bounces off a one-month-old horizontal support while poking the 200-SMA.

2022-10-31
USDCAD buyers have a long road ahead as the key week begins

USDCAD crossed a one-week-old resistance the previous day but stayed on the way to the first monthly loss in three inside a fortnight-long bearish channel.