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​Technical Analysis: WTI drops from 21-day EMA, monthly resistance line on OPEC+ disappointment

Not only lesser than expected production cuts of 20 million barrels a day to the half amid the OPEC members but no final decision over its application on OPEC+ group also weighs on the WTI off-late. A

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​Technical Analysis: USDJPY struggles between 200-bar SMA and 23.6% Fibonacci

Amid mixed sentiment and neutral RSI conditions, USDJPY fails to extend its break of 200-bar SMA beyond 23.6% Fibonacci retracement of the previous month's run-up. Even so, the pair's sustained tradin

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​Technical Analysis: GBPUSD portrays bullish flag on H4

Despite witnessing a pullback since early Wednesday, GBPUSD stays within a bullish technical chart pattern which gets confirmation on the break of 1.2375. While the length of the flag pole suggests th

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​Technical Analysis: AUDUSD rises further inside ascending trend channel post-RBA

AUDUSD stretches the recovery gains beyond the monthly resistance line, now the immediate support, after the RBA matched wide market expectations of no rate change. The Australian central bank also an

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​Technical Analysis: Gold probes monthly resistance line

Gold prices currently confront a month-old falling trend line resistance around $1618/20, a break of which will enable buyers to extend recovery gains from 50% Fibonacci retracement level towards $164

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