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​Technical Analysis: EURUSD sellers are up for a big move downwards to sub-1.1550 area

Despite declining for the last three consecutive days to refresh two-month low, EURUSD bears are yet to enjoy as a sustained break of a six-month-old ascending trend line and 50-day EMA suggest the ma

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​Technical Analysis: AUDUSD bears cheer risk-off mood below 0.7230/35 resistance confluence

AUDUSD's bounces off 61.8% Fibonacci retracement, amid oversold RSI conditions, failed to cross the previous support line, which in turn keeps the sellers hopeful around 0.7215 during the early Tuesda

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​Technical Analysis: NZDUSD bulls flexing muscle above 21-day SMA

Having already refreshed the multi-month peak on Friday, NZDUSD bulls keep the reins while extending its run-up beyond the 21-day SMA. Although RSI conditions offer a bumpy road ahead, traders are inc

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Technical Analysis: 50-day SMA probes Brent oil bulls targeting $46.00

Oil bulls are cheering the OPEC+ readiness to punish those members not complying with the production cut accord while probing the two week high. However, the return of the oil majors in the Persian Gu

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​Technical Analysis: GBPUSD pulls back from 10-day SMA ahead of BOE

While Friday's Doji pleased GBPUSD bulls so far, 10-day SMA triggered a corrective pullback ahead of the Bank of England's (BOE) monetary policy decision on Thursday. Although cautious sentiment befor

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