Technical Analysis: GBPUSD pulls back from 200-bar EMA, overbought RSI signals further selling

Despite staying close to a two-week high, GBPUSD fails to clear 200-bar EMA amid, not to mention about 61.8% Fibonacci retracement of its early-month declines.

Technical Analysis: GBPUSD pulls back from 200-bar EMA, overbought RSI signals further selling
Technical Analysis: Break of weekly support line signals return of 0.5700 for AUDUSD

With the clear break of the weekly ascending support line, AUDUSD is likely to decline towards the weekly low surrounding 0.5700.

Technical Analysis: Break of weekly support line signals return of 0.5700 for AUDUSD
Technical Analysis: Gold buyers remain hopeful despite overbought RSI

In addition to the bullion's sustained run-up beyond 200-bar SMA, it's failure to extend the pullback below 61.8% Fibonacci retracement also keep the gold buyers hopeful despite overbought RSI.

Technical Analysis: Gold buyers remain hopeful despite overbought RSI
Technical Analysis: NZDUSD justifies Monday's bullish spinning top to target 10-day SMA

NZDUSD sustains the recovery gains portrayed by Monday's bullish candlestick formation while oversold RSI adds strength to the odds favoring the pair's pullback

Technical Analysis: NZDUSD justifies Monday's bullish spinning top to target 10-day SMA
Technical Analysis: 200-bar SMA, fortnight-old rising trendline question USDJPY sellers

USDJPY fails to hold onto recovery gains that, together with overbought RSI conditions, signal the pair's likely drop to the short-term rising trend line and 200-bar SMA around 108.75 and 108.55

Technical Analysis: 200-bar SMA, fortnight-old rising trendline question USDJPY sellers
Technical Analysis: EURUSD struggles to extend the dip below 28-month-old support line

Having slumped to the lowest in three years, EURUSD seems to pare losses while bouncing off the multi-month-old support line.

Technical Analysis: EURUSD struggles to extend the dip below 28-month-old support line
Technical Analysis: AUDUSD flashes fresh 17-year low after RBA's rate cut, QE

Following the RBA's 25 basis point rate cut and bond purchase target, mostly known as the quantitative easing (QE), AUD/USD dropped to the fresh low since late-2002

Technical Analysis: AUDUSD flashes fresh 17-year low after RBA's rate cut, QE
Technical Analysis: USDCAD takes rounds to three-year high ahead of Canadian CPI

Following its sustained break beyond 23.6% Fibonacci retracement of a sharp rise during 2015, the USDCAD seesaws near three-year high ahead of the key Canadian inflation data.

Technical Analysis: USDCAD takes rounds to three-year high ahead of Canadian CPI
Technical Analysis: Oversold RSI, October 2019 lows check GBPUSD bears

With the expectations of another heavy stimulus announcement from the UK Chancellor Rishi Sunak, GBP/USD traders await fresh details to justify the oversold RSI.

Technical Analysis: Oversold RSI, October 2019 lows check GBPUSD bears
Technical Analysis: USDJPY struggles to justify Fed/BOJ actions below 200-day SMA

While the Fed's surprise rate cut and the QE dragged the USDJPY back to 10-day SMA, BOJ's inaction, except for increasing the ETF buying, failed to fetch the quote further down

Technical Analysis: USDJPY struggles to justify Fed/BOJ actions below 200-day SMA
Technical Analysis: Gold bounces off five-week low, 100-day EMA, 61.8% Fibonacci in focus

Although the recent financial market meltdown negatively affected Gold as well, the previous metal stays above 100-day EMA As a result, the odds of the bullion's pullback towards $1,625 are on the

Technical Analysis: Gold bounces off five-week low, 100-day EMA, 61.8% Fibonacci in focus
Technical Analysis: AUDUSD bears dominate after fiscal measures from Australia and US

Even with the multi-billion dollars of stimulus, policymakers from the US and Australia fail to lure the AUDUSD buyers as the quote nosedives towards the 11-year low during early Thursday

Technical Analysis: AUDUSD bears dominate after fiscal measures from Australia and US
Technical Analysis: GBPUSD remains below 200-SMA, yearly trendline before UK's key budget

The GBPUSD pair's recovery moves from 1.2865 needs to be watched carefully as monthly data from the UK and the first British budget after the Brexit is in the pipeline for publishing today

Technical Analysis: GBPUSD remains below 200-SMA, yearly trendline before UK's key budget
Technical Analysis: NZDUSD struggles between 10/21-day SMA amid a broad downtrend

With the US dollar recovering Monday's losses on expectations of the broad stimulus and receding coronavirus fears, NZDUSD struggles between 10 and 21-day SMA

Technical Analysis: NZDUSD struggles between 10/21-day SMA amid a broad downtrend
Technical Analysis: EURUSD slips from seven-month high on NFP-day

While the broad the US dollar weakness, amid coronavirus-led risk-off, propelled the EURUSD pair towards seven-month high, the pre-NFP lull seems to drag the quote below 61.8% Fibonacci retracement

Technical Analysis: EURUSD slips from seven-month high on NFP-day