Market Insights

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

Technical Analysis: Multiple bottoms near 61.8% Fibo keep 1.0990 on EURUSD sellers’ radar

While a short-term falling triangle is appealing on the face of EURUSD's H4 chart, pair's multiple bounces off 1.0990, coupled with the recent lower low formation, keep sellers on the alert.

Yulya Lobanova

2019-12-18

Technical Analysis: Multiple bottoms near 61.8% Fibo keep 1.0990 on EURUSD sellers’ radar

Technical Analysis: EURUSD struggles to remain beyond 61.8% Fibonacci on NFP day

Despite staying beyond 200-bar SMA, EURUSD repeatedly fails to hold onto gains above 61.8% Fibonacci retracement of October-November declines.

Yulya Lobanova

2019-12-18

Technical Analysis: EURUSD struggles to remain beyond 61.8% Fibonacci on NFP day

Technical Analysis: Bullish pennant on H4 makes AUDUSD buyers hopeful

Repeated failures to cross 61.8% Fibonacci retracement falls short of portraying the AUDUSD pair's weakness as a bullish pennant formation on H4 keeps buyers hopeful.

Yulya Lobanova

2019-12-18

Technical Analysis: Bullish pennant on H4 makes AUDUSD buyers hopeful

Technical Analysis: USDJPY struggles between 100/200-day EMA during the key week

The USDJPY pair's repeated bounces off 100-day EMA have recently been tamed by the 200-day EMA, which in turn confines the pair's trading range between 108.40 and 108.80 respectively.

Yulya Lobanova

2019-12-18

Technical Analysis: USDJPY struggles between 100/200-day EMA during the key week

Technical Analysis: UK election will determine the fate of GBPUSD rally

Although a sustained break of 200-week SMA, followed by run-up beyond multi-year-old trendline, favors the GBPUSD pair's further upside, it all depends upon today's UK election results.

Yulya Lobanova

2019-12-18

Technical Analysis: UK election will determine the fate of GBPUSD rally

Technical Analysis: GBPUSD holds Friday's gap-up, Bulls target 1.3500 before UK PMI

GBPUSD stays well above Friday's gap-up beyond five-month-old resistance turned support ahead of the preliminary readings of British PMIs.

Yulya Lobanova

2019-12-18

Technical Analysis: GBPUSD holds Friday's gap-up, Bulls target 1.3500 before UK PMI

Technical Analysis: 200-bar SMA, monthly support-line keep AUDUSD buyers hopeful

Not only dovish bias of the RBA minutes but doubts over the success of the US-China trade deal, mostly known as phase-one, triggered the AUDUSD pair's latest pullback.

Yulya Lobanova

2019-12-18

Technical Analysis: 200-bar SMA, monthly support-line keep AUDUSD buyers hopeful

Technical Analysis: WTI pulls back from six-week-old ascending channel's resistance

Despite rising to the fresh three-month high during the previous day, WTI fails to extend its run-up as an upward sloping trend channel's resistance, around $60.70 now, drags the energy benchmark on early Wednesday.

Yulya Lobanova

2019-12-18

Technical Analysis: WTI pulls back from six-week-old ascending channel's resistance

Technical Analysis: Two-week-old support line restricts Gold's declines on FOMC-day

While polls concerning the UK election results and New Zealand's government spending entertained global markets during early Wednesday, traders are now waiting for the key FOMC for fresh impulse.

Yulya Lobanova

2019-12-11

Technical Analysis: NZDUSD fails to sustain 200-day EMA breakout

With the overbought conditions of 14-day RSI portraying the NZDUSD pair's pullback from 200-day EMA, prices are likely to revisit 50% Fibonacci retracement level of 0.6500.

Yulia Lobanova

2019-12-04

Technical Analysis: Gold stays below 4-week-old resistance-line, 100-day EMA

Despite the latest trade protectionist measures from the US, coupled with political pessimism surrounding Hong Kong Act, Gold prices stay below near-term key resistance confluence comprising 100-bar EMA and a month-old falling trend line.

Yulia Lobanova

2019-12-03

Technical Analysis: AUDUSD fails to portray Chinese PMI-led optimism

Despite witnessing upbeat activity numbers from Australia's largest customer, i.e. China, AUDUSD fails to stay strong beyond 61.8% Fibonacci retracement (Fibo.) of October month upside.

Yulia Lobanova

2019-12-02