Market Insights

Technical Analysis: NZDUSD braces for a bull-run ahead of next week’s RBNZ

NZDUSD goes towards confirming falling wedge bullish formation, extending run-up towards the 200-SMA level of 0.7070.

Denis Sergienko

2021-11-18

Technical Analysis: EURUSD refreshes 16-month low on the road to 1.1150

The broad US dollar strength could be well witnessed on the EURUSD chart that prints the lowest level since July 2020.

Denis Sergienko

2021-11-17

Technical Analysis: Gold bulls are at test ahead of the key US data

Gold buyers battle the yearly resistance line heading into the US Retail Sales release for October.

Denis Sergienko

2021-11-16

Technical Analysis: GBPUSD rebound needs validation from 1.3500

GBPUSD also cheers US dollar pullback to bounce off yearly low during early Monday.

Denis Sergienko

2021-11-15

Technical Analysis: Brent oil bears set to retake controls, 61.8% Fibo. eyed

Brent oil fades bounce off 61.8% Fibonacci retracement (Fibo.) level of September-October upside

Denis Sergienko

2021-11-12

Technical Analysis: GBPUSD keeps bearish consolidation targeting 1.3320 on UK GDP day

GBPUSD posts a corrective pullback from the yearly low of around 1.3425 ahead of the UK data dump, comprising preliminary readings of the UK Q3 GDP.

Denis Sergienko

2021-11-11

Technical Analysis: EURUSD pulls back from 200-SMA ahead of US inflation data

EURUSD defies a three-day recovery ahead of the key US Consumer Price Index (CPI) data on early Wednesday.

Denis Sergienko

2021-11-10

Technical Analysis: Gold buyers struggle to keep reins above $1,800

Gold fades upside momentum after refreshing a two-month high on early Tuesday.

Denis Sergienko

2021-11-09

Technical Analysis: USDCAD stays directed towards 1.2480 key resistance

USDCAD pair remains above four-month-old horizontal support despite failing to cross a convergence of the 200-SMA and a 50% Fibonacci retracement.

Denis Sergienko

2021-11-08

Technical Analysis: EURUSD is well-set for 1.1500 on NFP day

EURUSD bears are on the way to testing the March 2020 high near the 1.1500 threshold

Denis Sergienko

2021-11-05

Technical Analysis: GBPUSD drops from 50-DMA ahead of BOE, Brexit talks

GBPUSD bears retake controls on the key Thursday comprising Bank of England (BOE) monetary policy meeting and important Brexit talks in Paris.

Denis Sergienko

2021-11-04

Technical Analysis: Gold bears need validation from 200-SMA on Fed day

Gold refreshes weekly low, taking offers around $1,778 during early Wednesday.

Denis Sergienko

2021-11-03

Technical Analysis: AUDUSD drops back to key support on RBA’s YCC pause

AUDUSD slumps 60 pips on the Reserve Bank of Australia’s (RBA) end to the Yield Curve Control (YCC) measures.

Denis Sergienko

2021-11-02

Technical Analysis: GBPUSD wavers around 200-SMA on Brexit fears

GBPUSD portrays sluggish market conditions as the bears jostle with the 200-SMA following Friday’s heavy fall

Denis Sergienko

2021-11-01

Technical Analysis: Brent oil bears can reap 4.75% gains on $84.00 breakdown

A two-month-old support line break joins the failures to keep rebound from 20-DMA to favor Brent oil sellers.

Denis Sergienko

2021-10-29