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Technical Analysis: Silver sellers look for entry below monthly support line

Although bearish MACD and sustained trading below 200-bar SMA keep silver sellers hopeful, an upward sloping trend line from September 24, at $23.96 now, probe the bears' entry

Denis Sergienko

2020-10-19

Technical Analysis: Silver sellers look for entry below monthly support line
Technical Analysis: GBPUSD drops to 21-day SMA as Brexit talks dwindle

Although the European Union (EU) and the UK didn't leave the table on the expire of the previously cheered October 15 deadline for the Brexit talks, GBPUSD remains sluggish ahead of UK PM Johnson's

Denis Sergienko

2020-10-16

Technical Analysis: GBPUSD drops to 21-day SMA as Brexit talks dwindle
Technical Analysis: EURUSD struggle for traction above 1.1700 as EU summit begins

EURUSD remains mildly positive above 50-day EMA, which in turn propels the quote towards a five-week-old falling trend line, at 1.1810 now.

Denis Sergienko

2020-10-15

Technical Analysis: EURUSD struggle for traction above 1.1700 as EU summit begins
Technical Analysis: AUDUSD recovers from 13-day-old support line, eyes Aussie jobs report

Although 200-bar SMA restricts immediate AUDUSD upside, the pair's ability to keep an ascending trend line from September 25, not to forget staying beyond 100-bar SMA, favors the bulls

Denis Sergienko

2020-10-14

Technical Analysis: AUDUSD recovers from 13-day-old support line, eyes Aussie jobs report
Technical Analysis: USDJPY bears to remain hopeful below 105.65/70

In addition to the USDJPY pair's sustained trading below a three-week-old support line, now resistance, as well as 200-bar SMA, the quote's inability to cross 100-bar SMA and bearish MACD also favor

Denis Sergienko

2020-10-13

Technical Analysis: USDJPY bears to remain hopeful below 105.65/70
Technical Analysis: 50-day SMA probes gold buyers cheering trendline break

Gold buyers are approaching the mid-September tops near $1,973/74, 50-day SMA challenges the bulls around $1,939.

Denis Sergienko

2020-10-12

Technical Analysis: 50-day SMA probes gold buyers cheering trendline break
Technical Analysis: USDCAD bears aim for 1.3155 support confluence ahead of Canadian jobs report

USDCAD remains bears' favorite as sustained trading below 200-bar SMA and 50% Fibonacci retracement level keeps sellers hopeful amid downbeat MACD Also favoring the odds of the pair's weakness could

Denis Sergienko

2020-10-09

Technical Analysis: USDCAD bears aim for 1.3155 support confluence ahead of Canadian jobs report
Technical Analysis: Inverse head-and-shoulders, 200-bar SMA highlights 1.3000 for GBPUSD bulls

GBPUSD's bounce off 23.6% Fibonacci retracement again drives the pair upwards to the key 1.3000 resistance.

Denis Sergienko

2020-10-08

Technical Analysis: Inverse head-and-shoulders, 200-bar SMA highlights 1.3000 for GBPUSD bulls
Technical Analysis: USDJPY bulls attack 105.80 key resistance

USDJPY again confronts the joint of 50-day SMA and a falling trend line from July 01, around 105.80.

Denis Sergienko

2020-10-07

Technical Analysis: USDJPY bulls attack 105.80 key resistance
Technical Analysis: Gold eases ahead of key resistances as previous risk-on struggles

With the fresh doubts over US President Donald Trump's health, despite his leave form the hospital, Gold prices lose the previous day's upside momentum

Denis Sergienko

2020-10-06

Technical Analysis: Gold eases ahead of key resistances as previous risk-on struggles
Technical Analysis: AUDUSD struggles to regain 0.7200 despite recent risk recovery

Despite following a one-week-old rising trend line, AUDUSD bulls repeatedly fail to overcome 100-bar SMA, which in turn directs the quote towards the short-term support line around 0.7155

Denis Sergienko

2020-10-05

Technical Analysis: AUDUSD struggles to regain 0.7200 despite recent risk recovery
Technical Analysis: EURUSD bears firming up grip ahead of US NFP

EURUSD marked a corrective bounce after the news that US President Donald Trump tests positive for the coronavirus (COVID-19) However, the quote stays below 100-bar SMA and a falling trend line from

Denis Sergienko

2020-10-02

Technical Analysis: EURUSD bears firming up grip ahead of US NFP
Technical Analysis: Monthly resistance line probes Brent oil's recovery above $40.00

Despite bouncing off the fortnight low, Brent oil prices are yet to clear a falling trend line from August 31, at $42.10 now While the MACD and RSI are both suggesting a further recovery in the

Denis Sergienko

2020-10-01

Technical Analysis: Monthly resistance line probes Brent oil's recovery above $40.00
Technical Analysis: USDJPY reverses from key SMA on US election debate

Although the US presidential election debate came out as more of a disappointment, Donald Trump's warning of a delay in the result triggered a rush for risk-safety afterward

Denis Sergienko

2020-09-30

Technical Analysis: USDJPY reverses from key SMA on US election debate
Technical Analysis: GBPUSD bulls stay chained ahead of the key Brexit talks

GBPUSD bears away, 100-bar SMA and a falling trend line from September 10, respectively around 1.2890 and 1.2960, restrict the cable's near-term upside.

Denis Sergienko

2020-09-29

Technical Analysis: GBPUSD bulls stay chained ahead of the key Brexit talks