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Failures cross the key SMAs join descending RSI line, not oversold, to keep crude oil sellers hopeful amid economic slowdown chatters.
2022-07-01
EURUSD bears are hopeful as traders await major central bankers’ debate at the ECB Forum.
2022-06-29
USDJPY sustains upside break of a weekly resistance line, now support around 134.85, as bulls brace for the fresh multi-year high.
2022-06-28
Gold remains inside a two-week-old symmetrical triangle but the bulls seem running out of steam of late.
2022-06-27
EURUSD again bounces off the monthly low as sellers flirt with a horizontal area surrounding multiple levels marked since April.
2022-06-24
GBPUSD fades bounce off yearly low as the cable traders await the UK and the US preliminary PMIs for June.
2022-06-23
Gold fades bounce off monthly horizontal support ahead of Fed Chair Jerome Powell’s key testimony.
2022-06-22
AUDUSD gyrates inside the one-week-old symmetrical triangle after the RBA Minutes and Governor Philip Lowe’s speech.
2022-06-21
EURUSD holds onto its bearish bias, despite bouncing off an immediate support line.
2022-06-20
A clear downside break of the fortnight-old support line, favored USDJPY bears in the last few days.
2022-06-17
GBPUSD fades the corrective pullback from a two-year low, as well as the 61.8% FE level of late March-May moves.
2022-06-16
Gold holds onto Monday’s rising wedge confirmation, suggesting further downside despite bouncing off.
2022-06-15
EURUSD dribbles around a monthly low after breaking the six-week-old horizontal support. That said, the downward sloping RSI (14) line.
2022-06-14
A clear downside break of the six-week-old horizontal support keeps GBPUSD bears hopeful of further south-run ahead of the US Federal Reserve (Fed) and the Bank of England (BOE) monetary policy meetings.
2022-06-13
Gold prices remain sustainably below 200-SMA since late April, pressured inside a three-week-old rising wedge of late.
2022-06-10
Although EURUSD battles a four-month-old resistance line, the lower high of prices contrasts with the higher high of the RSI (14).
2022-06-09
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