MTrading app for Android to keep all operations regarding profile within your mobile!
Despite trading near the highest in eight weeks, EURUSD is yet to cross 200-day EMA on a daily closing basis.
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.
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
While following a monthly ascending trend channel, the Brent Oil futures again aim to confront a falling trend line from January 05.
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
Despite staying above 200-bar SMA, USDJPY stays inside a bearish technical chart pattern, rising wedge, on the four-hour (H4) chart.
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
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.
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
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
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.
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
Despite recently bouncing off 0.6430, AUDUSD remains pressured inside a short-term ascending triangle formation on Tuesday.
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
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