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Technical Analysis

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2023-01-27
EURUSD eases inside two-month-old bullish channel

Better-than-expected US growth numbers triggered the much-awaited pullback in the EURUSD prices from the eight-month high.

2023-01-26
Gold struggles to stay on bull’s radar, $1,917 is the key

Gold tries its best to stay on the bull's radar, while traders await the key advance US GDP for Q4 2022.

2023-01-25
USDCAD bears eye 1.3250 strong support on BoC day

USDCAD are expecting a 1.3250 strong support on the day of the the Bank of Canada (BoC) interest rate decision.

2023-01-24
GBPUSD bulls need to cross 1.2450 to keep the reins

Despite a soft start, GBPUSD managed to regain upside momentum.

2023-01-23
USDJPY is ready to refresh multi-month low

USDJPY refreshes its multi months low. The currency is posted to make the biggest gain as well.

2023-01-20
EURUSD has bumpy road to north even as bulls keep the reins

EURUSD pair’s upside bias, despite multiple failures to cross the 1.0880 horizontal hurdle in the last week.

2023-01-19
AUDUSD braces for further upside inside 3.5-month-old bullish channel

Despite the AUDUSD pair’s south-run on the downbeat Aussie jobs report, the pair trades successfully.

2023-01-18
USDJPY bears keep driver’s seat despite BoJ-led rally

USDJPY pair remains on the bear’s radar as it is yet to cross a four-month-long descending trend line resistance.

2023-01-17
GBPUSD fades bounce off 100-day EMA ahead of key UK data

GBPUSD bulls are struggling to keep the reins as traders await crucial British economics scheduled during the week, starting with the UK jobs report.

2023-01-13
GBPUSD holds onto bullish bias targeting 1.2450

GBPUSD retreats from a one-month-old broad resistance area surrounding 1.2210-40.

2023-01-12
EURUSD portrays bullish trend-widening formation

EURUSD grinds higher around the seven-month top inside a rising megaphone chart pattern on the daily formation.

2023-01-11
Gold buyers need $1,880 breakout for confirmation

Gold buyers struggle with an 11-month-old horizontal resistance, despite crossing an upward-sloping resistance line stretched from early October 2022.

2023-01-10
USDCAD bears brace for mid-1.3200s with eyes on BOC’s Macklem

USDCAD remains depressed at the lowest levels in six weeks after breaking the 100-DMA as broad US Dollar weakness joins firmer oil prices.