Blog post
Technical Analysis: NZDUSD struggles between 10-day and 21-day SMAs

NZDUSD defies the previous three-day declines while bouncing off 10-day SMA on Thursday. Even so, the pair stays below 0.6000 resistance confluence comprising 21-day SMA and a three-week-old falling t

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​Technical Analysis: WTI can refresh 18-year low as bears do not relinquish control

Having failed to stay beyond $20.00, needless to mention about the immediate resistance line, WTI remains vulnerable to refresh the 18-year low. As a result, a three-week-old falling trend line near $

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Technical Analysis: GBPUSD pulls back from 200-bar EMA, overbought RSI signals further selling

Despite staying close to a two-week high, GBPUSD fails to clear 200-bar EMA amid, not to mention about 61.8% Fibonacci retracement of its early-month declines. While considering the pullback together

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Technical Analysis: Break of weekly support line signals return of 0.5700 for AUDUSD

With the clear break of the weekly ascending support line, AUDUSD is likely to decline towards the weekly low surrounding 0.5700. However, 23.6% of Fibonacci retracement could offer an intermediate ha

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Technical Analysis: Gold buyers remain hopeful despite overbought RSI

In addition to the bullion's sustained run-up beyond 200-bar SMA, it's failure to extend the pullback below 61.8% Fibonacci retracement also keep the gold buyers hopeful despite overbought RSI. As a r

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