MTrading News Market Insights Education FAQ
Open Account

MTrading app for Android to keep all operations regarding profile within your mobile!
Technical Analysis: NZDUSD rises over six-month top after China data

NZDUSD manages to cross the key 0.6580/85 horizontal resistance that has been restricting its upside since June 09.

Denis Sergienko

2020-07-09

Technical Analysis: NZDUSD rises over six-month top after China data
Technical Analysis: Gold eases from 8.5-year top, short-term rising wedge in focus

Having refreshed the highest levels since November 2011, Gold prices remain pressured below $1795.

Denis Sergienko

2020-07-08

Technical Analysis: Gold eases from 8.5-year top, short-term rising wedge in focus
Technical Analysis: AUDUSD eases from monthly top after RBA's dovish halt

AUDUSD recedes to 0.6950 as the RBA conveyed economic worries, due to the coronavirus (COVID-19).

Denis Sergienko

2020-07-07

Technical Analysis: AUDUSD eases from monthly top after RBA's dovish halt
Technical Analysis: USDJPY again confronts 100-day SMA amid surprise risk-on

With the global markets turning the focus away from the surge in the coronavirus (COVID-19) numbers and the US-China tension, expectations of the further monetary/fiscal support triggered risk-on

Denis Sergienko

2020-07-06

Technical Analysis: USDJPY again confronts 100-day SMA amid surprise risk-on
Technical Analysis: Brent oil takes the bids inside six-week-old rising wedge

Despite gradually extending the recovery moves from $40.00, currently around $42.60, the Brent Oil benchmark remains inside a short-term bearish chart formation

Denis Sergienko

2020-07-03

Technical Analysis: Brent oil takes the bids inside six-week-old rising wedge
Technical Analysis: EURUSD aims for key short-term resistances ahead of US NFP

EURUSD stretches the previous day's gains while confronting the 21-day SMA on early Thursday.

Denis Sergienko

2020-07-02

Technical Analysis: EURUSD aims for key short-term resistances ahead of US NFP
Technical Analysis: Gold confronts 11-month-old resistance line amid overbought RSI

Having refreshed the highest levels since October 2012 the previous day, Gold prices remain on the front foot.

Denis Sergienko

2020-07-01

Technical Analysis: Gold confronts 11-month-old resistance line amid overbought RSI
Technical Analysis: AUDUSD rests on two-week-old support line amid fresh risk-off

Although upbeat prints of China's June month PMIs initially helped the quote to bounce off an ascending trend line from June 15, the recent market fears due to the Hong Kong security law again

Denis Sergienko

2020-06-30

Technical Analysis: AUDUSD rests on two-week-old support line amid fresh risk-off
Technical Analysis: GBPUSD bounces off monthly low inside falling wedge before key Brexit talks

GBPUSD pulls back from the monthly low to regain 61.8% Fibonacci retracement of May 15 to June 10 upside ahead of the key Brexit talks and speech by the BOE Governor Andrew Bailey.

Denis Sergienko

2020-06-29

Technical Analysis: GBPUSD bounces off monthly low inside falling wedge before key Brexit talks
Technical Analysis: A six-week-old support line gains EURUSD sellers' attention

Despite bouncing off the short-term key support line the previous day, EURUSD stays pressured near the important rest-point around 1.1200.

Denis Sergienko

2020-06-26

Technical Analysis: A six-week-old support line gains EURUSD sellers' attention
Technical Analysis: Brent sellers eye 100-day EMA, monthly support line confluence around $38.80/75

With the risk-off sentiment in full steam disappointing the energy buyers, Brent crude prices print three-day losing streak during the early Thursday.

Denis Sergienko

2020-06-25

Technical Analysis: Brent sellers eye 100-day EMA, monthly support line confluence around $38.80/75
Technical Analysis: NZDUSD stays above key supports despite RBNZ-led pullback

NZDUSD pair's pullback from a two-week top, backed by RBNZ's dovish pause, fails to disappoint the bulls.

Denis Sergienko

2020-06-24

Technical Analysis: NZDUSD stays above key supports despite RBNZ-led pullback
Technical Analysis: USDJPY bounces off seven-week-old support line to regain 107.00

Although the early-day risk-off sentiment dragged USDJPY to a three-day low, an ascending trend line from May 06 triggered the pair's bounce afterward

Denis Sergienko

2020-06-23

Technical Analysis: USDJPY bounces off seven-week-old support line to regain 107.00
Technical Analysis: Gold breaks monthly horizontal resistance to pierce $1750

While gradually extending its recovery moves from $1717.50, Gold prices cross the key horizontal resistance, around $1745, to refresh the monthly top above $1,758.40

Denis Sergienko

2020-06-22

Technical Analysis: Gold breaks monthly horizontal resistance to pierce $1750
Technical Analysis: AUDUSD drops to monthly support line amid latest consolidation

Despite stepping back from 0.6975, the monthly support line keeps the AUDUSD buyers hopeful As a result, the optimists can expect a bounce to 0.6900 ahead of witnessing an obstacle during the

Denis Sergienko

2020-06-19

Technical Analysis: AUDUSD drops to monthly support line amid latest consolidation