Technical Analysis: GBPUSD bounces off monthly support line amid Brexit, covid doldrums

GBPUSD pays a little heed to the price-negative catalysts during early Monday to ignore the confirmation of a four-week delay in the UK’s unlock.

Technical Analysis: EURUSD bulls remain hesitant unless crossing 1.2200

EURUSD struggles to extend post-ECB/US CPI-led run-up during early Friday. The pair’s bounce off 200-SMA fades below 100-SMA.

Technical Analysis: Gold stays pressured below $1900 as traders brace for ECB, US inflation

Gold prices remain on the back foot amid anxious hours of early Thursday as markets wait for the ECB and the US Consumer Price Index (CPI) data.

Technical Analysis: AUDUSD bulls return from 0.7730-25 support confluence

AUDUSD reverses the previous day’s losses while a bounce off 50-day and 100-day SMA confluence near 0.7730-25.

Technical Analysis: USDCAD tease falling wedge breakout near multi-month low

USDCAD reverses Friday’s losses inside a bullish chart pattern, falling wedge, on the daily play.

Technical Analysis: GBPUSD eases inside short-term rectangle near multi-month top

GBPUSD is found inside a two-week-old rectangle formation between 1.4250 and 1.4190.

Technical Analysis: Brent oil buyers need to defend $70.30 breakout to aim for $72.00

Brent oil holds onto a weekly uptrend despite the previous day’s pullback moves.

Technical Analysis: Brent oil buyers need to defend $70.30 breakout to aim for $72.00
Technical Analysis: AUDUSD eases from key hurdle after RBA, US PMI eyed

AUDUSD bulls step back from a convergence of a three-week-old resistance line and 100-SMA

Technical Analysis: AUDUSD eases from key hurdle after RBA, US PMI eyed
Technical Analysis: GBPUSD consolidates recent gains, bulls seek 1.4220 breakout

GBPUSD fades bounce off monthly support line during the quiet Asian session on Monday.

Technical Analysis: GBPUSD consolidates recent gains, bulls seek 1.4220 breakout
Technical Analysis: EURUSD sellers attack key support ahead of US inflation data, budget

Cautious markets drag EURUSD to a two-month-old support line, adjacent to 100-SMA, during early Friday.

Technical Analysis: EURUSD sellers attack key support ahead of US inflation data, budget
Technical Analysis: NZDUSD buyers remain hopeful despite recent pullback

Although the US dollar rebound dragged NZDUSD from 0.7300, the kiwi pair keeps the short-term triangle breakout.

Technical Analysis: NZDUSD buyers remain hopeful despite recent pullback
Technical Analysis: Gold battles key hurdle to $1,960 near fresh five-month top

Risk-on mood propels gold prices to the fresh highs since January 08 during early Wednesday.

Technical Analysis: Gold battles key hurdle to $1,960 near fresh five-month top
Technical Analysis: AUDUSD fades recovery moves inside monthly triangle

AUDUSD portrays sluggish sentiment on Tuesday but the US dollar weakness propels the quote towards the upper line of a short-term triangle.

Technical Analysis: AUDUSD fades recovery moves inside monthly triangle
Technical Analysis: Rising wedge near three-month top keep GBPUSD sellers hopeful

GBPUSD struggles for a clear direction inside a rising wedge bearish chart pattern on early Monday.

Technical Analysis: Rising wedge near three-month top keep GBPUSD sellers hopeful
Technical Analysis: Break of $66.20 keeps Brent oil sellers hopeful ahead of US PMIs

Brent oil traders defend $65.00 during early Friday, snapping a three-day downtrend.

Technical Analysis: Break of $66.20 keeps Brent oil sellers hopeful ahead of US PMIs