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Market Analysis (Page 6)

2024-08-13
100-SMA challenges Crude Oil buyers at three-week high

WTI crude oil has ended its four-day rise as prices fall from their highest level since July 19, due to a slow start on Tuesday morning in Asia.

2024-08-12
USDJPY braces for another bear run with eyes on Japan GDP, US inflation

Early Monday, the USDJPY has risen slightly above 147.00 after its first weekly gain in six weeks.

2024-08-09
Gold buyers take a breather above 100-SMA, focus on $2,450

Gold's recent strong performance suggests a positive sentiment among buyers.

2024-08-08
EURUSD portrays bullish exhaustion, focus on 1.0960 and US data

EURUSD is seeing its first daily gains in three days as buyers gear up to tackle key resistance levels ahead of upcoming US employment data.

2024-08-07
GBPUSD bounces off 100-SMA but bears stay hopeful

The GBPUSD saw its first daily gain in three days on Wednesday, bouncing back from the 100-day Simple Moving Average (SMA).

2024-08-06
GBPJPY rebound appears elusive below 200-SMA

GBPJPY portrays a corrective bounce off the lowest level in seven months while recovering from a 10-month-old ascending support line.

2024-08-05
USDJPY slumps to seven-month low amid risk aversion, hawkish BoJ bias

USDJPY begins the week on a back foot while declining for the fifth consecutive day to the lowest since early January.

2024-08-02
Gold buyers keep eyes on US NFP, inverse Head and Shoulders

Early Friday, Gold price reverses the previous day’s pullback from a two-week high as traders await the US monthly employment data for July.

2024-08-01
EURUSD rebounds from key EMAs, focus on bearish channel and US NFP

EURUSD remains mildly bid around 1.0830 early Thursday as it defends the previous day’s recovery.

2024-07-31
USDJPY drops and pops from 200-SMA on BoJ rate hike, Fed eyed

USDJPY defends the previous day’s retreat from a three-week-old falling resistance line.

2024-07-30
GBPUSD drops to resistance-turned-support with eyes on Fed-BoE dual

GBPUSD remains pressured after refreshing a three-week low the previous day.

2024-07-29
Crude Oil prints corrective bounce below 200-SMA as the key week begins

WTI Crude Oil posts more than 1.0% intraday gain early Monday, after declining in the last three consecutive weeks.