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Despite trading near the highest in eight weeks, EURUSD is yet to cross 200-day EMA on a daily closing basis.
2020-05-28
Despite stepping back from the 11-week top during early Wednesday, AUDUSD stays above 200-day EMA while trading around 0.6645. As a result, the bulls remain hopeful inside an ascending channel formation stretched from April 21.
2020-05-27
While observing the USDCHF pair's early-month pullback from 0.9783 coupled with the previous week's bounce off 0.9637, the quote seems to portray a short-term falling trend channel
2020-05-26
While following a monthly ascending trend channel, the Brent Oil futures again aim to confront a falling trend line from January 05.
2020-05-25
While the global financial markets witness full-fledged risk aversion on early Friday, Gold fails to justify its safe-haven appeal The reason is the US dollar's broad strength that goes against the
2020-05-22
Despite staying above 200-bar SMA, USDJPY stays inside a bearish technical chart pattern, rising wedge, on the four-hour (H4) chart.
2020-05-21
AUDUSD again reverses from 0.6560/70 area comprising late-April highs In addition to the pair's multiple failures, three so far, nearly overbought conditions of RSI also increases the odds of a
2020-05-20
While printing a three-day winning streak above 1.0790, EURUSD aims to confront a 100-day EMA level of 1.0950 ahead of the Fed Chair Jerome Powell's testimony.
2020-05-19
Although oversold RSI triggered GBPUSD pullback from the lowest since March 26, the pair remains below a falling trend line from April 29 Additionally, bearish MACD and sustained trading below April
2020-05-18
Gold buyers are up for another battle with the key resistance area near $1736/40 The key upside barrier has disappointed the bulls multiple times in the past month
2020-05-15
Broad US dollar strength, coupled with downbeat Aussie jobs report for April, finally dragged the AUDUSD pair below an ascending trend line since April 21.
2020-05-14
Be it RBNZ's QE expansion or dovish comments by the policymakers, NZDUSD justifies it all with over 1.0% loss However, the recent bounces off 0.6000 confront the previous support line stretched from
2020-05-13
Despite recently bouncing off 0.6430, AUDUSD remains pressured inside a short-term ascending triangle formation on Tuesday.
2020-05-12
Multiple failures to cross a month-old falling trend line don't speak for Gold's weakness as the yellow metal recently bounced off 100-bar SMA, shifting the traders' focus back to the 1,722
2020-05-11
Having confirmed falling wedge bullish formation the previous day, EURUSD buyers seem to catch a breath ahead of the key US employment figures for April
2020-05-08
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