Technical Analysis: GBPUSD is grinding lower towards the key support line

GBPUSD has a bumpy road to recovery with horizontal hurdles from early March and bearish MACD signals.

Technical Analysis: GBPUSD is grinding lower towards the key support line
Technical Analysis: USDCAD battles key resistance ahead of Biden’s speech, FOMC minutes

USDCAD extends recovery moves from 1.2500 as bulls attack a 10-week-old descending trend line ahead of the key speech from US President Joe Biden and FOMC

Technical Analysis: USDCAD battles key resistance ahead of Biden’s speech, FOMC minutes
Technical Analysis: Gold fades upside momentum below $1,730

Gold fails to stay positive amid RSI pullback below the key 200-SMA level.

Technical Analysis: Gold fades upside momentum below $1,730
Technical Analysis: EURUSD recovery looks difficult below 1.1860, US NFP eyed

EURUSD is on a corrective pullback from the yearly low, mainly due to the downbeat US Treasury yields.

Technical Analysis: EURUSD recovery looks difficult below 1.1860, US NFP eyed
Technical Analysis: EURUSD stays offered ahead of Biden’s infrastructure spending plan

EURUSD drops to the lowest in five months as traders await US President Joe Biden infrastructure bill details.

Technical Analysis: EURUSD stays offered ahead of Biden’s infrastructure spending plan
Technical Analysis: AUDUSD bears need daily closing below 0.7540 to keep reins

Although AUDUSD broke three-month-old horizontal support, not to forget a descending trend line from March 05, oversold RSI tests the aussie pairs further

Technical Analysis: AUDUSD bears need daily closing below 0.7540 to keep reins
Technical Analysis: Gold bears need validation from $1,700 to retake controls

Gold sellers are hopeful despite oversold RSI joining monthly horizontal support to test the bullion bears around the $1,700 threshold.

Technical Analysis: Gold bears need validation from $1,700 to retake controls
Technical Analysis: Brent oil eases from 21-day EMA as Ever Given refloats in Suez Canal

The move not only helped market sentiment but also weighed on the oil prices and dragged Brent Oil from 21-day EMA.

Technical Analysis: Brent oil eases from 21-day EMA as Ever Given refloats in Suez Canal
Technical Analysis: AUDUSD needs validation of Thursday’s bullish Doji

AUDUSD not only bounces off the yearly bottom but tries to regain above 100-day SMA.

Technical Analysis: AUDUSD needs validation of Thursday’s bullish Doji
Technical Analysis: USDCHF approaches key hurdle ahead of SNB, US GDP

USDCHF extends the early week’s bounce-off 21-day SMA while directing bulls towards the key horizontal resistance.

Technical Analysis: USDCHF approaches key hurdle ahead of SNB, US GDP
Technical Analysis: Gold bears can ignore recent bounce unless breaking $1,770

Gold prints a corrective pullback while holding $1,730 amid early Wednesday.

Technical Analysis: Gold bears can ignore recent bounce unless breaking $1,770
Technical Analysis: EURUSD eases below key hurdle as crucial testimony in the US looms

EURUSD fades bounce off 61.8% Fibonacci retracement of November-January upside as traders eye Congressional testimony

Technical Analysis: EURUSD eases below key hurdle as crucial testimony in the US looms
Technical Analysis: Brent oil seeks fresh buying but $65.00 probes buyers

Brent oil’s bounce-off early February low has a bumpy road ahead as 200-SMA joins the previous support line from February 19.

Technical Analysis: Brent oil seeks fresh buying but $65.00 probes buyers
Technical Analysis: Gold consolidates recent gains inside bullish chart pattern

Gold keeps the previous day’s pullback from a multi-day-old resistance line, forming part of the falling wedge bullish chart.

Technical Analysis: Gold consolidates recent gains inside bullish chart pattern
Technical Analysis: GBPUSD stays inside bullish set-up on BOE Super Thursday

GBPUSD bulls catch a breather below a three-week-old resistance line after cheering the Fed-led run-up the previous day.

Technical Analysis: GBPUSD stays inside bullish set-up on BOE Super Thursday