Market Insights

Technical Analysis: Gold buyers remain hopeful beyond $1,804 key support, US NFP eyed

Gold prices stay above 100-day and 200-day EMA confluence amid firmer RSI and MACD conditions.

2021-09-03

Technical Analysis: GBPUSD rises towards the key 1.3830 hurdle

GBPUSD remains firm for the fifth consecutive day, around 1.3780 during early Thursday. In doing so, the cable pair justified upbeat RSI conditions

Denis Sergienko

2021-09-02

Technical Analysis: AUDUSD bulls need to tackle 0.7320-25 hurdle to keep the reins

AUDUSD bulls battle the key resistance, namely 200-SMA, during early Wednesday. Given the Aussie pair’s sustained rebound from the previous resistance line

Denis Sergienko

2021-09-01

Technical Analysis: USDCAD breaks 1.2590 key support ahead of Canada Q2 GDP

USDCAD smashes a convergence of 200-SMA and an ascending support line from July as the pair traders await Canada’s Q2 GDP details.

Denis Sergienko

2021-08-31

Technical Analysis: Brent oil buyers can ignore pullback from 18-day top

Brent oil prices step back from multi-day high towards $72.00 during early Monday.

Denis Sergienko

2021-08-30

Technical Analysis: Gold jumps back beyond 200-SMA ahead of Fed Chair Powell speech

Gold justifies the rebound from a two-week-old rising support line to cross the 200-SMA, suggesting further advances towards the key resistance line from July 29, around $1,806.

Angelina Morozova

2021-08-27

Technical Analysis: EURUSD eases after falling wedge bullish pattern confirmation

Although risk-off mood probe EURUSD buyers, a clear break of the short-term falling wedge resistance keep them hopeful ahead of the ECB Minutes and Jackson Hole Symposium speeches.

Angelina Morozova

2021-08-26

Technical Analysis: USDCAD rebounds from 20-DMA amid risk-off markets

Risk appetite sours during early Wednesday, underpinning the US dollar’s safe-haven demand ahead of the key US Durable Goods Orders. The greenback rebound triggers the USDCAD pair’s U-turn from 20-DMA.

Angelina Morozova

2021-08-25

วิเคราะห์คู่เงิน USDCAD วันที่ 25 ส.ค. 64

Technical Analysis: AUDUSD bulls have a long way to recapture controls

AUDUSD recovery from 0.7100 takes clues from the upbeat RSI line to extend the heaviest daily rise in four months, suggesting further advances towards the monthly horizontal resistance near 0.7270-85.

Angelina Morozova

2021-08-24

Technical Analysis: GBPUSD redraws monthly bottom, drops towards 1.3550

GBPUSD takes offers around 1.3620, refreshing one-month low after UK Retail Sales for July disappointed the cable traders during early Friday. Also weighing on the quote could be the US dollar’s safe-haven demand, backed by the covid and taper tantrums.

Angelina Morozova

2021-08-20

วิเคราะห์คู่เงิน GBPUSD วันที่ 20 ส.ค. 64

Technical Analysis: EURUSD refreshes multi-day low, 1.1655 can trigger a bounce

EURUSD drops to the fresh low since November 2020 during early Thursday amid broad US dollar strength. A downward sloping trend line from mid-June joins the oversold RSI conditions to challenge the further losses around 1.1655.

Angelina Morozova

2021-08-19

วิเคราะห์คู่เงิน EURUSD วันที่ 19 ส.ค. 64

Technical Analysis: NZDUSD bears cheer RBNZ status-quo, FOMC minutes eyed

Although RBNZ Governor Adrian Orr could pull the NZDUSD prices back from a yearly low, not to forget mentioning the two-month-old support line, the New Zealand central bank’s refrain from a widely anticipated rate hike keeps the kiwi pair sellers hopeful.

Angelina Morozova

2021-08-18

Technical Analysis: Gold bulls are on test seats below $1,800

Gold pierces the key horizontal resistance established in late June during a five-day consolidation of the August 08 fall. However, the RSI remains normal and MACD flashes bearish signals, which in turn probe the rebound.

Angelina Morozova

2021-08-17

Technical Analysis: Brent oil sellers look for $68.00 retest

Escalating covid woes weigh on commodities while downbeat China data exerts additional pressure on the Brent oil prices during early Monday.

Angelina Morozova

2021-08-16

Technical Analysis: USDCAD bears need to break 1.2455-50 for conviction

USDCAD struggles to extend the previous day’s rebound during early Friday. Inability to rise joins downbeat MACD and sluggish RSI to keep sellers hopeful.

Denis Sergienko

2021-08-13