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Technical Analysis (Page 4)

2024-03-01
EURUSD snaps three-day losing streak but remains vulnerable below 1.0870

EURUSD stays defensive around 1.0820 as it rebounds from the 50% Fibonacci ratio of the October-December 2023 upside.

2024-02-29
Bull cross keeps Gold buyers hopeful ahead of Fed Inflation

The price of spot Gold (XAUUSD) defends the previous day’s rebound from a weekly low.

2024-02-28
NZDUSD drops 1.0% on RBNZ’s dovish halt, focus on 0.6080-70

NZDUSD's biggest daily loss in two weeks as the Reserve Bank of New Zealand (RBNZ) announces monetary policy decision.

2024-02-27
GBPUSD bulls keep the reins despite latest inaction

GBPUSD stays defensive above 200-SMA after posting the first weekly gain in four.

2024-02-26
USDJPY bulls lack momentum as US, Japan inflation clues loom

USDJPY rose in the last four consecutive weeks even if the US Dollar Index (DXY) snapped a five-week uptrend.

2024-02-23
200-SMA tests EURUSD’s biggest weekly gain in nine

EURUSD seesaws between a one-week-old rising support line and the 200-SMA resistance.

2024-02-21
Gold buyers attack 50-SMA with eyes on Fed Minutes

Gold price remains firmer for the fifth consecutive day while extending the previous week’s rebound.

2024-02-20
USDCAD picks up bids within rising wedge ahead of Canada inflation

USDCAD prints a three-day winning streak despite mildly bid Oil price.

2024-02-19
AUDUSD probes month-long bearish channel on China’s return

Market sentiment improved early Monday as China returned to trading after a week-long Lunar New Year holiday.

2024-02-16
USDJPY recovers within two-month-old rising wedge

USDJPY snaps a two-day losing streak early Friday. Moreover, the pair remains on the bear’s radar despite the latest recovery move.

2024-02-15
EURUSD rebound appears elusive, ECB’s Lagarde, US Retail Sales eyed

EURUSD struggles to defend the previous day’s corrective bounce from a three-month low early Thursday.

2024-02-14
GBPUSD bears keep 1.2500 on radar, UK inflation eyed

GBPUSD licks its wounds around 1.2600 early Wednesday as traders await the UK inflation clues for January.