Market Insights

Technical Analysis: AUDUSD again crosses seven-week-old hurdle on RBA moves

Despite pouring cold water on the face of monetary policy adjustment hopes, the Reserve Bank of Australia (RBA) manages to keep AUDUSD at the front of the G10 gainers.

Denis Sergienko

2021-07-06

Technical Analysis: GBPUSD bounce challenges short-term resistance line

Although US traders cheer extended weekend on Monday, UK PM Boris Johnson’s unlock plan details may help GBPUSD to entertain the markets.

Denis Sergienko

2021-07-05

Technical Analysis: Gold battles recovery point on US NFP Day

Gold extends early week recovery from March tops to poke 50-EMA ahead of the key US employment data.

Denis Sergienko

2021-07-02

Technical Analysis: Brent oil buyers remain hopeful inside five-week-old rising channel

Although the weekly falling trend line probes Brent oil buyers of late, the commodity prices remain inside an ascending trend channel from May 27.

Denis Sergienko

2021-07-01

Technical Analysis: Gold bears battle key horizontal support ahead of US ADP data

Gold justifies a downswing from 100-DMA and a 61.8% Fibonacci retracement break around $1,757 during early Wednesday.

Denis Sergienko

2021-06-30

Technical Analysis: EURUSD remains pressured below 50-SMA, monthly low in focus

Despite bouncing off intraday low, EURUSD remains below immediate hurdles, namely 50-SMA and weekly rising trend line.

Denis Sergienko

2021-06-29

Technical Analysis: AUDUSD bulls struggle between 50-SMA and previous support

Despite failing to cross the previous support line from May 13, AUDUSD holds onto bounce off 50-SMA amid early Monday.

Denis Sergienko

2021-06-28

Technical Analysis: Silver floats above $25.65-60 key support, 100-DMA eyed

Silver’s first weekly gain in four portrays the metal’s gradual recovery from 200-DMA and 61.8% Fibonacci retracement April-May upside.

Denis Sergienko

2021-06-25

Technical Analysis: EURUSD drops back below 200-day EMA to keep sellers hopeful

Sluggish markets and wobbling Treasury yields keep EURUSD below the key EMA amid a quiet session on early Thursday.

Denis Sergienko

2021-06-24

Technical Analysis: AUDUSD recovery battles 200-DMA amid mixed sentiment

AUDUSD pares weekly gains while easing to 0.7543 amid early Wednesday.

Denis Sergienko

2021-06-23

Technical Analysis: 100-DMA probes gold’s recovery ahead of Powell’s Testimony

Gold’s rebound from seven-month-old horizontal support fades below 100-DMA during early Tuesday.

Denis Sergienko

2021-06-22

Technical Analysis: GBPUSD kick-starts the key week on a bearish note

GBPUSD remains pressured around mid-April lows, down for the fifth consecutive day, amid early Monday.

Denis Sergienko

2021-06-21

Technical Analysis: EURUSD bounces off key Fibonacci retracement but bears remain hopeful

EURUSD fades bounce off 61.8% Fibonacci retracement of November 2020 to January 2021 upside amid fresh selling pressure witnessed ruing early Friday.

Denis Sergienko

2021-06-18

Technical Analysis: USDCHF bulls aim for 0.9115 confluence after Fed, SNB

USDCHF extends Fed-led rally to the fresh high since May 06 even as the Swiss National Bank (SNB) reiterated status-quo during early Thursday.

Denis Sergienko

2021-06-17

Technical Analysis: Gold stays on the road to 200-DMA support ahead of FOMC

Gold struggles for a clear direction, after a three-day south-run, during early Wednesday.

Denis Sergienko

2021-06-16