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​Technical Analysis: GBPUSD remains below 200-SMA, yearly trendline before UK's key budget

The GBPUSD pair's recovery moves from 1.2865 needs to be watched carefully as monthly data from the UK and the first British budget after the Brexit is in the pipeline for publishing today. While the

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​Technical Analysis: NZDUSD struggles between 10/21-day SMA amid a broad downtrend

With the US dollar recovering Monday's losses on expectations of the broad stimulus and receding coronavirus fears, NZDUSD struggles between 10 and 21-day SMA. However, a daily close below 0.6295 leve

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​Technical Analysis: EURUSD slips from seven-month high on NFP-day

While the broad the US dollar weakness, amid coronavirus-led risk-off, propelled the EURUSD pair towards seven-month high, the pre-NFP lull seems to drag the quote below 61.8% Fibonacci retracement of

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​Technical Analysis: Gold bulls need confirmation to stay above 23.6% Fibonacci

With the recent risk recovery, gold prices have been forming a lower high pattern, portrayed by the short-term descending trend line, off-late. However, the bullion prices have been above 23.6% Fibona

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​Technical Analysis: USDJPY confronts 61.8% Fibonacci while consolidating losses from Fed's shock rate cut

The US Federal Reserve's emergency rate cut of 0.50% dragged the USDJPY pair to five-month lows on Tuesday. However, the following pullback currently confronts 61.8% Fibonacci retracement of its run-u

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