Blog post
Technical Analysis: EURUSD stays above 4-month-old support line on NFP-day

Despite flashing the yearly low the previous day, EURUSD fails to extend the fall during the pre-NFP dull trading session on Friday. The pair earlier bounced off a downward sloping trend line since mi

Read more
Blog post
Technical Analysis: Multiple upside barriers question WTI's latest trendline break

WTI breaks a two-week-old falling trendline while confronting 50-bar SMA during early Thursday. Even so, the energy benchmark needs to cross a downward sloping trend line since January 17, 2020, at $5

Read more
Blog post
Technical Analysis: NZDUSD renews declines to key support-zone after mixed NZ jobs data

A weaker than expected Q4 Unemployment Rate from New Zealand couldn't supersede soft Employment Change on Wednesday. As a result, NZDUSD fails to extend the previous recovery while witnessing a pullba

Read more
Blog post
Technical Analysis: AUDUSD bears can ignore RBA-led pullback unless breaking 0.6825/30

AUDUSD takes a U-turn from the multi-month low after the RBA considered coronavirus and Aussie bushfires as having a temporary effect on the GDP. In doing so, the Aussie central bank left the benchmar

Read more
Blog post
Technical Analysis: Gold pulls back from the 18-day top even as China reopens after holidays

With the US dollar consolidating Friday's heavy losses, Gold fails to cheer downbeat performances of Chinese markets as they reopen after the Lunar New Year holidays for the first since January 23. Ev

Read more

Our awards

award1 award2 award3 award4 award5