News & Analytics

USD/JPY nears the break of the symmetrical triangle on a key day comprising US Jobless Claims, PMIs and House voting on a $484 billion aid package. Considering the normal conditions of RSI as well as

Gold prices fail to extend the bounce off 21-day EMA as a horizontal area since March 09, around $1,702/07 restricts the bullion's immediate upside amid broad US dollar strength. As a result, another

Although WTI recovers Monday's losses, the energy benchmark still stays below the monthly resistance line, which in-turn portrays the bears' dominance over the oil prices. However, $10.00 is likely an

Not only repeated failures to cross 61.8% Fibonacci retracement of January-March downside but the inability to rise-past 200-day SMA also speaks largely for the GBPUSD pair sellers. As a result, a con

The EURUSD pair's bounce off 1.0816 fails to cross the previous support line, at 1.0885 now, which in turn portrays the underlying weakness in momentum. Hence, the quote's further downside towards the