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Technical Analysis: GBPUSD bears stay hopeful below key support line

Although 100-SMA defends cable buyers, bearish MACD and hopes of the US dollar’s further recovery, following the $1.9 trillion covid stimulus, seem to favor the GBPUSD sellers. As a result, the

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Technical Analysis: Gold teases key support-zone amid global bond rout

With the fears of reflation propelling global Treasury yields and the US dollar, gold remains depressed near the three-month-old horizontal support. With the bond rout less likely to fade soon, couple

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Technical Analysis: EURUSD bulls attack 12-week-long hurdle of US Q4 GDP

Although reflation risk propels EURUSD near one-month high, the quote battles the key hurdle from early December 2020 that probed the bulls during late-January. Not only the key resistance but the cau

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Technical Analysis: Gold wavers in a choppy range inside key SMAs, bears stay hopeful

Gold sellers eye 50-SMA re-test, currently around $1,800, during the latest weakness below 100-SMA. However, any further downtrend needs to break February 18 low near $1,788 to refresh the monthly low

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Technical Analysis: Brent oil buyers dominate inside gramophone pattern at 13-month top

Trading sentiment on the floor remains quite depressing as markets await Fed Chair Powell’s half-yearly testimony. However, the bullish chart formation on the four-hour play keeps Brent oil buye

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