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USDJPY bulls struggle to extend Friday’s bounce towards the immediate hurdle surrounding 50-DMA, near 113.45.
2021-12-06
Gold prices remain below the key hurdles, namely an ascending trend line from August and a convergence of 50, 100 and 200 DMAs.
2021-12-03
Brent oil’s rebound from an ascending support line from March, energy traders stay bearish ahead of the key OPEC+ decision.
2021-12-02
Gold prices are vulnerable to further downside as sustained trading below the two-month-old support line.
2021-12-01
GBPUSD struggles to defend 1.3270 support convergence, comprising a descending trend line from late July and 61.8% Fibonacci retracement (Fibo.) level.
2021-11-30
EURUSD bears keep reins around the yearly, the odds of a corrective pullback can’t be ruled out considering the quote’s ability to stay beyond a three-week-old resistance line.
2021-11-29
Silver comes with a sustained trading below the 200-SMA and a two-month-old support line hints at the commodity’s weakness.
2021-11-26
Gold extends the previous day’s bounce off an ascending support line from August towards 200-DMA amid a sluggish Asian session on Thursday.
2021-11-25
EURUSD bears are hopeful to visit a 20-pip horizontal region comprising March 2020 peak and June 2020 trough.
2021-11-24
Brent oil’s bounce off a two-month low the previous day, the black gold remains pressured towards re-testing the 100-day EMA level.
2021-11-23
Gold’s pullback from the yearly resistance gains supports from RSI retreat, suggesting further weakness in prices.
2021-11-22
GBPUSD’s gradual rebound from the yearly low is at test ahead of the UK Retail Sales as the pair portrays a bearish chart pattern.
2021-11-19
NZDUSD goes towards confirming falling wedge bullish formation, extending run-up towards the 200-SMA level of 0.7070.
2021-11-18
The broad US dollar strength could be well witnessed on the EURUSD chart that prints the lowest level since July 2020.
2021-11-17
Gold buyers battle the yearly resistance line heading into the US Retail Sales release for October.
2021-11-16