Market Insights

Technical Analysis: Key EMAs defend USDCAD bulls ahead of BOC rate-hike

Bank of Canada (BOC) turns may not entertain the USDCAD bears until forward guidance appears hawkish.

2022-03-02

Technical Analysis: AUDUSD defends 100-DMA breakout with eyes on RBA

AUDUSD holds onto Friday’s recovery moves from a three-week-old support line around the 100-DMA as Aussie traders brace for the RBA monetary policy meeting.

Denis Sergienko

2022-03-01

Technical Analysis: USDCHF retreats from crucial resistance zone ahead of Swiss GDP

USDCHF posted weekly gains but eased from the short-term key horizontal area as Ukraine-Russia headlines controlled safe-haven pairs.

Denis Sergienko

2022-02-28

Technical Analysis: EURUSD bears eye 1.1000 as Russia triggers flight-to-safety

The sour sentiment propelled prices of traditional safe-havens, like gold and USD, which in turn caused the EURUSD pair’s slump.

Denis Sergienko

2022-02-25

Technical Analysis: Gold refreshes multi-month high above $1,900 as Russia invasion looms

Despite reversing from an eight-month high, gold prices recently crossed the stated key resistance, also rallied beyond June 2021 peak.

Denis Sergienko

2022-02-24

Technical Analysis: GBPUSD stays inside monthly triangle ahead of BOE MPR Hearings

GBPUSD bears flex muscles inside the one-month-old symmetrical triangle, recently easing from the resistance.

Denis Sergienko

2022-02-23

Technical Analysis: Silver bulls eye 200-DMA on Russia-led risk-off mood

Silver had a sober start to the current week as it marked the first negative daily closing in four.

Denis Sergienko

2022-02-22

Technical Analysis: EURUSD stays below three-week-old support, bears eye 1.1270

EURUSD keeps pullback from 50-SMA to kick-starts the key week comprising preliminary PMIs for February.

Denis Sergienko

2022-02-21

Technical Analysis: GBPUSD bulls eye 1.3700 on crossing monthly resistance

GBPUSD stays beyond a downward sloping resistance line from January 20, now support around 1.3590.

Denis Sergienko

2022-02-18

Technical Analysis: AUDUSD eyes further gains on upbeat sentiment, Aussie employment

AUDUSD justifies its risk-barometer status, also backed by an upbeat Aussie jobs report for January, during Thursday.

Denis Sergienko

2022-02-17

Technical Analysis: Double top, RSI divergence test gold buyers above $1,800

Gold marked a stellar decline after refreshing eight-month top on Tuesday, forming a double top around $1,880.

Denis Sergienko

2022-02-16

Technical Analysis: Brent oil prices battle seven-month-old resistance line, focus on Russia

Amid escalating tensions concerning the Russian invasion of Ukraine, crude oil prices rally to a multi-month high.

Denis Sergienko

2022-02-15

Technical Analysis: EURUSD bears eye mid-1.1200s on risk-off mood, Fed rate-hike concerns

EURUSD during the last week portrayed multiple tops around 1.1480 before ending the week by resting on 200-SMA.

Denis Sergienko

2022-02-14

Technical Analysis: Impending bull cross tease GBPUSD buyers on UK GDP day

GBPUSD stays ready to reverse the month-start bearish signal, initially triggered by the 50-SMA’s break below 200-SMA.

Denis Sergienko

2022-02-11

Technical Analysis: Gold clears six-week-old hurdle ahead of US inflation data

Gold extends a fortnight-long recovery to stay comfortably beyond the 200-SMA and a horizontal area from early January.

Denis Sergienko

2022-02-10