Market Insights

Technical Analysis: WTI fails to clear 21-day EMA despite the geopolitical crisis in Libya/Iraq

News of blockage in Libyan exports and a shutdown of the Iraqi oil pipelines triggered oil's early-day run-up to the highest since January 10.

Yulya Lobanova

2020-01-20

Technical Analysis: WTI fails to clear 21-day EMA despite the geopolitical crisis in Libya/Iraq

Technical Analysis: 100-bar SMA, 38.2% Fibonacci keep AUDUSD buyers in check

Gradual recoveries from 0.6850 fail to cross a confluence of 100-bar SMA and 8.2% Fibonacci retracement of the AUDUSD pair's November-December 2019 upside, around 0.6925/30.

Yulya Lobanova

2020-01-16

Technical Analysis: 100-bar SMA, 38.2% Fibonacci keep AUDUSD buyers in check

Technical Analysis: USDJPY stays above key resistance-turned-support after BOJ

With the US-China trade deal optimism all around, USDJPY traders ignore downbeat comments from the BOJ Governor Haruhiko Kuroda on Wednesday.

Yulya Lobanova

2020-01-15

Technical Analysis: USDJPY stays above key resistance-turned-support after BOJ

Technical Analysis: Gold sellers look for entry below $1553/52

Despite failures to stay positive beyond 61.8% FE of its June-September upside, Gold prices are yet to slip beneath early-September tops, which in turn keeps the buyers hopeful.

Yulya Lobanova

2020-01-13

Technical Analysis: Gold sellers look for entry below $1553/52

Technical Analysis: USDCAD pierces monthly resistance line ahead of US/Canada employment data

Despite rising to a two-week high during the previous day, USDCAD failed to close beyond 21-day SMA.

Yulya Lobanova

2020-01-10

Technical Analysis: USDCAD pierces monthly resistance line ahead of US/Canada employment data

Technical Analysis: AUDUSD benefits from risk recovery, ignores China data, as aiming 200-DMA

AUDUSD pays less attention to softer than expected China inflation numbers for December as market's risk tone remains supported by receding odds of the US-Iran war.

Yulya Lobanova

2020-01-09

Technical Analysis: AUDUSD benefits from risk recovery, ignores China data, as aiming 200-DMA

Technical Analysis: WTI fails to clear 7-month-old resistance despite Iran attacks on the US military bases

The early Wednesdays WTI rally to the multi-month top couldn't last long. The absence of immediate US-Iran war, despite Tehran's attack on the US military camps in Iraq, seems to disappoint the black gold buyers off-late.

Yulya Lobanova

2020-01-08

Technical Analysis: WTI fails to clear 7-month-old resistance despite Iran attacks on the US military bases

Technical Analysis: Overbought RSI conditions check Gold buyers at multi-year top

Gold prices recently crossed a multi-year-old rising trend-channel and extended the north-run to the highest since April 2013.

Yulya Lobanova

2020-01-06

Technical Analysis: Overbought RSI conditions check Gold buyers at multi-year top

Technical Analysis: USDJPY drops below 100/200-day SMAs amid US-Iran tension

With the news of the US airstrikes in Baghdad killing the key Iranian military leader crossing wires, the market's rush to safe-haven magnified during early Friday.

Yulya Lobanova

2020-01-03

Technical Analysis: USDJPY drops below 100/200-day SMAs amid US-Iran tension

Technical Analysis: WTI confirms short-term "Rising Wedge" despite upbeat catalysts

Although US-China trade optimism and welcome data from China keeping the market's risk tone positive, WTI confirms the bearish chart pattern on Thursday.

Yulya Lobanova

2020-01-02

Technical Analysis: WTI confirms short-term "Rising Wedge" despite upbeat catalysts

Technical Analysis: AUDUSD stays strong beyond the yearly trendline with eyes on 50% Fibo.

A sustained break of the yearly trend line enables the Aussie bulls to take aim at 50% Fibonacci retracement of late-2018 tops to October 2019 lows, at 0.7030.

Yulya Lobanova

2019-12-30

Technical Analysis: AUDUSD stays strong beyond the yearly trendline with eyes on 50% Fibo.

Technical Analysis: Gold buyers look upon 12-week-old horizontal resistance

Despite surging to the seven-week top, Gold prices aren't out of the woods yet. The reason being overbought conditions of the RSI and absence of breaking 12-week-old horizontal resistance.

Yulya Lobanova

2019-12-27

Technical Analysis: NZDUSD flashes Bullish Marubozu at 5-month high amid overbought RSI

The bullish candlestick formation on the NZDUSD pair's daily chart struggles to perform amid overbought RSI conditions.

Yulya Lobanova

2019-12-24

Technical Analysis: NZDUSD flashes Bullish Marubozu at 5-month high amid overbought RSI

Technical Analysis: USDCAD forms falling wadge near the multi-week low

Despite declining to the multi-week low on Wednesday, USDCAD forms a bullish chart pattern on the four-hour chart.

Yulya Lobanova

2019-12-23

Technical Analysis: USDCAD forms falling wadge near the multi-week low

Technical Analysis: EURUSD bounces off 100-day SMA amid US-China trade tension

Although the US President Donald Trump's announcement of nearness to signing the phase-one initially extended the EURUSD pair's previous downpour, the quote recently bounced off 100-day SMA as China warns the US to stay out of internal matters.

Yulya Lobanova

2019-12-23

Technical Analysis: EURUSD bounces off 100-day SMA amid US-China trade tension