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​Technical Analysis: WTI bears eye $44.00 on the break of a year-long trendline

With the global financial markets bearing the burden of coronavirus fears, commodities are down to multi-month low. WTI oil is not an exception while trading near the 13-month low after a sustained br

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​Technical Analysis: EURUSD tops 11-day high with eyes on US GDP

With the US 10-year Treasury yields declining to fresh record lows, amid coronavirus fears, the US dollar registers across the board weakness during early Thursday. Traders await the key US GDP, Durab

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Technical Analysis: USDCHF aims to revisit 50-day SMA amid sustained risk-off

USDCHF probes the three-day declines amid early Wednesday. However, the pair's sustained trading below 61.8% Fibonacci retracement level and 200-day SMA continues to portray the underlying weakness. A

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Technical Analysis: USDJPY bounces off 10-day SMA as risk reset welcomes Japanese traders

In addition to the receding death-toll due to coronavirus from China, claims that Beijing managed to find a cure to the deadly virus seems to have triggered the risk reset on Tuesday. It's worth menti

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​Technical Analysis: GBPUSD awaits UK PMIs to extend bounces off 200-day EMA

Despite growing fears of coronavirus outbreak ex-China, the GBPUSD pair manages to carry the bounce off 200-day EMA. The reason could be traced from upcoming preliminary readings of the UK PMIs that a

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