Blog post
Technical Analysis: Dovish RBNZ drags NZDUSD further below five-month-old support line

NZDUSD refreshes monthly low on the Reserve Bank of New Zealand's (RBNZ) dovish halt. The RBNZ kept its benchmark rate unchanged at 0.25% but boosted the Large Scale Asset Purchases (LSAP) to NZD100 b

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​Technical Analysis: USDJPY breaks three-week-old falling trend line to pierce 106.00

Having successfully crossed a downward sloping trend line from July 17, USDJPY is all set to challenge 106.60/65 resistance zone comprising 200-bar SMA and multiple lows marked in the previous month.

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​Technical Analysis: Oil bulls can ignore recent pullback if Brent stays above $41.90

With the seven-week-old rising channel staying unbroken, oil traders should rest assured that the upside hasn't faded yet. While Brent's consolidation from the channel's resistance line can recall $44

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​Technical Analysis: Rising wedge on 4-hour chart lures EURUSD sellers on NFP day

With the recent pullback in the US dollar, EURUSD seems to fade the upside momentum near multi-day high ahead of the key US employment data. As a result, traders will keep eyes on the bearish chart fo

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​Technical Analysis: GBPUSD pierces half-yearly resistance line after BOE

With the Bank of England (BOE) holding a benchmark rate unchanged at 0.10% while announcing no change in Quantitative Easing (QE) corpus of £745 billion, GBPUSD bulls take a sigh of relief while cros

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