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Technical analysis: 200-week SMA, 1.3155/60 confluence check GBPUSD's rally to 7-month top

The GBPUSD pair's run-up to seven-month high confronts key upside barrier near 1.3100. The pair needs a weekly close beyond 200-week SMA level of 1.3105 to take aim at 1.3155/60 resistance area includ

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Technical Analysis: NZDUSD fails to sustain 200-day EMA breakout

With the overbought conditions of 14-day RSI portraying the NZDUSD pair's pullback from 200-day EMA, prices are likely to revisit 50% Fibonacci retracement level of 0.6500. Though, November month high

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Technical Analysis: Gold stays below 4-week-old resistance-line, 100-day EMA

Despite the latest trade protectionist measures from the US, coupled with political pessimism surrounding Hong Kong Act, Gold prices stay below near-term key resistance confluence comprising 100-bar E

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Technical Analysis: AUDUSD fails to portray Chinese PMI-led optimism

Despite witnessing upbeat activity numbers from Australia's largest customer, i.e. China, AUDUSD fails to stay strong beyond 61.8% Fibonacci retracement (Fibo.) of October month upside. The pair seems

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Technical Analysis: Multiple bottoms near 61.8% Fibo keep 1.0990 on EURUSD sellers’ radar

While a short-term falling triangle is appealing on the face of EURUSD's H4 chart, pair's multiple bounces off 1.0990, coupled with the recent lower low formation, keep sellers on the alert. However,

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