Technical Analysis: Rising wedge near February high tests EURUSD bulls ahead of US GDP

EURUSD eases to 1.2130, following its run-up to a two-month high, during early Thursday.

Technical Analysis: Rising wedge near February high tests EURUSD bulls ahead of US GDP
Technical Analysis: Gold looks set for further losses ahead of FOMC

Gold sellers cheer a clear downside break of the monthly support line, now resistance, amid bearish MACD signals near the lowest in a week.

Technical Analysis: Gold looks set for further losses ahead of FOMC
Technical Analysis: NZDUSD suggests pullback inside monthly rising wedge

NZDUSD buyers attack the upper line of the short-term rising wedge bearish chart pattern on early Tuesday.

Technical Analysis: NZDUSD suggests pullback inside monthly rising wedge
Technical Analysis: AUDUSD bulls stay hopeful on crossing two-month-old trend line hurdle

AUDUSD bulls to aim for a five-week-long resistance line, near 0.7810 with a a clear breakout of a downward sloping trend line from early March.

Technical Analysis: AUDUSD bulls stay hopeful on crossing two-month-old trend line hurdle
Technical Analysis: Rising wedge on 4H keeps gold sellers hopeful

Gold picks up bids inside a two-week-old bearish chart pattern during early Friday.gold sellers are hopeful.

Technical Analysis: Rising wedge on 4H keeps gold sellers hopeful
Technical Analysis: EURUSD looks set to refresh two-month top, ECB in focus

EURUSD traders turn optimistic ahead of Thursday’s European Central Bank (ECB) meeting.

Technical Analysis: EURUSD looks set to refresh two-month top, ECB in focus
Technical Analysis: Brent oil bears need 200-SMA breakdown to keep the reins

With the pandemic woes back to the table, fears of depleting oil demand and scheduled jump in supplies weigh on Brent prices during early Wednesday.

Technical Analysis: Brent oil bears need 200-SMA breakdown to keep the reins
Technical Analysis: GBPUSD bulls eye 1.4025-35 horizontal resistance

GBPUSD extends the upside break of the two-month-old resistance line, now support, towards horizontal hurdles comprising late February tops.

Technical Analysis: GBPUSD bulls eye 1.4025-35 horizontal resistance
Technical Analysis: EURUSD teases short-term rising wedge confirmation on 4H

EURUSD again eyes the 1.1990–1.2000 horizontal resistance area established since early March.

Technical Analysis: EURUSD teases short-term rising wedge confirmation on 4H
Technical Analysis: Gold flirts with previous resistance line during BPC play on 4H

Gold’s pullback from a two-month low, followed by a bounce off the previous resistance line, portrays a BPC bullish chart.

Technical Analysis: Gold flirts with previous resistance line during BPC play on 4H
Technical Analysis: USDJPY signals further losses below 109.00

USDJPY’s failures to regain above 200-SMA, coupled with monthly falling channel formation, favor bears targeting an ascending support line from March 05

Technical Analysis: USDJPY signals further losses below 109.00
Technical Analysis: AUDUSD crosses seven-week-old resistance line

AUDUSD takes the bids near the one-week top. Given the strong RSI and upbeat MACD.

Technical Analysis: AUDUSD crosses seven-week-old resistance line
Technical Analysis: $64.30, $65.55 become the key hurdles for Brent oil bulls

Brent oil’s gradual recovery from late March nears a five-week-old resistance line. Upbeat RSI conditions and an upward sloping support line favor oil buye

Technical Analysis: $64.30, $65.55 become the key hurdles for Brent oil bulls
Technical Analysis: EURUSD steps back from 200-SMA but 1.1810 can test the bears

EURUSD recovery from April-start couldn’t cross 200-SMA as overbought RSI triggered the currency major pair’s pullback.

Technical Analysis: EURUSD steps back from 200-SMA but 1.1810 can test the bears
Technical Analysis: $1,761 holds the key to Gold’s further upside

Gold refreshed six-week top the previous day but failed to cross a downward sloping trend line from January-end, not to forget 50-DMA.

Technical Analysis: $1,761 holds the key to Gold’s further upside