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.

Technical Analysis: AUDUSD recovery battles 200-DMA amid mixed sentiment

AUDUSD pares weekly gains while easing to 0.7543 amid early Wednesday.

Technical Analysis: 100-DMA probes gold’s recovery ahead of Powell’s Testimony

Gold’s rebound from seven-month-old horizontal support fades below 100-DMA during early Tuesday.

Technical Analysis: GBPUSD kick-starts the key week on a bearish note

GBPUSD remains pressured around mid-April lows, down for the fifth consecutive day, amid early Monday.

Technical Analysis: EURUSD bounces off key Fibonacci retracement but bears remain hopeful

EURUSD fades bounce off 61.8% Fibonacci retracement of November 2020 to January 2021 upside amid fresh selling pressure witnessed ruing early Friday.

Technical Analysis: USDCHF bulls aim for 0.9115 confluence after Fed, SNB

USDCHF extends Fed-led rally to the fresh high since May 06 even as the Swiss National Bank (SNB) reiterated status-quo during early Thursday.

Technical Analysis: Gold stays on the road to 200-DMA support ahead of FOMC

Gold struggles for a clear direction, after a three-day south-run, during early Wednesday.

Technical Analysis: AUDUSD stays directed towards 2.5-month-old support line

Although AUDUSD keeps Monday’s recovery moves around 0.7700, the pair bulls have a bumpy road ahead.