Market Insights

Technical Analysis: 200-SMA tests NZDUSD bears after New Zealand employment data

NZDUSD justifies downbeat Q2 New Zealand job numbers while refreshing weekly low, following downside break of a three-week-old bullish channel.

MTrading Team

2022-08-03

วิเคราะห์ราคาคู่เงิน NZDUSD ล่าสุด วันที่ 3 ส.ค. 65

Technical Analysis: USDJPY bears battle with key supports

USDJPY renews its six-week low while extending the downside break of a five-month-old ascending trend line, as well as the 50-DMA. However, the pair’s further declines appear less convincing.

MTrading Team

2022-08-02

Technical Analysis: AUDUSD bulls flex muscles with eyes on RBA

Be it a weekly ascending trend channel of the bull cross, AUDUSD flashes upside signals ahead of the key monetary policy meeting of the Reserve Bank of Australia (RBA).

MTrading Team

2022-08-01

Technical Analysis: USDJPY breaks key support ahead of Fed’s preferred inflation gauge

USDJPY broke a five-week-old support line, as well as a horizontal area around 134.25 that comprises the levels marked since June 17.

Denis Sergienko

2022-07-29

Technical Analysis: Gold buyers aim for $1,755 ahead of US GDP

Gold defends the post-Fed rally around a two-week high, also keeping the upside break of the 100-SMA level of $1,725 and the previous resistance line.

Denis Sergienko

2022-07-28

Technical Analysis: EURUSD bears brace for 0.9870 with eyes on Fed

EURUSD remains pressured around a one-week low as traders prepared for the Fed’s verdict, likely a 0.75% rate hike and Powell’s aggression.

Denis Sergienko

2022-07-27

Technical Analysis: GBPUSD bulls need validation from 1.2110

GBPUSD refreshed a three-week high on Tuesday while extending the breakout of 100-SMA.

Denis Sergienko

2022-07-26

Technical Analysis: USDCAD approaches key resistance inside 250-pip trading range

USDCAD bounced off its monthly low on Friday, approaching a convergence of the 100 and 50-SMA around 1.2960-65 at the latest.

Denis Sergienko

2022-07-25

Technical Analysis: Gold fades bearish channel breakout above $1,700

Gold fails to extend the post-ECB rebound from yearly low, not to mention unable to extend the bearish channel breakout.

Denis Sergienko

2022-07-22

Technical Analysis: EURUSD bulls have a long way ahead to take control as ECB looms

EURUSD fades a week-long recovery mode ahead of the key European Central Bank (ECB) meeting.

Denis Sergienko

2022-07-21

Technical Analysis: GBPUSD buyers jostle with key resistance around 1.2030

GBPUSD's rebound dribbles around a one-week high while extending Friday’s upside break of a descending resistance line from June 27, now support.

Denis Sergienko

2022-07-20

Technical Analysis: NZDUSD recovery hinges on 0.6200 breakout

NZDUSD ended the third loss-making week on a positive side, by marking the biggest daily gains in three weeks.

Denis Sergienko

2022-07-18

Technical Analysis: Gold bears need validation from $1,690 to keep reins

Gold braces for the fifth consecutive weekly fall at the yearly low.

Denis Sergienko

2022-07-15

Technical Analysis: AUDUSD stays inside short-term bearish channel at yearly low

AUDUSD justifies its risk-barometer status aptly as it remains near the two-year bottom, inside a 12-day-long bearish channel.

Denis Sergienko

2022-07-14

วิเคราะห์ราคาคู่เงิน AUDUSD ล่าสุด วันที่ 14 ก.ค. 65

Technical Analysis: EURUSD bounces off key support ahead of US inflation data

EURUSD bears take a breather after refreshing the 20-year low the previous day. The corrective pullback.

Denis Sergienko

2022-07-13