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Market Analysis (Page 11)

2024-05-23
EURUSD bounces off 1.0810 support confluence ahead of key PMIs

EURUSD portrays a corrective bounce from the lowest level in a week, snapping a three-day losing streak.

2024-05-22
NZDUSD jumps on RBNZ’s hawkish halt but 0.6140-45 hurdle tests bulls

NZDUSD prints the biggest daily jump in more than a week, while snapping a two-day losing streak.

2024-05-21
USDJPY confirms inverse head and shoulders during four-day uptrend

USDJPY rises to the highest level in a week while crossing a downward-sloping resistance line from late April.

2024-05-20
GBPUSD bulls jostle with key upside hurdles within rising wedge

GBPUSD struggles to extend the biggest weekly gains since early March while confronting a five-week-old horizontal resistance area.

2024-05-17
Gold stays bullish despite recent pullback, $2,400 in the spotlight

Gold price lacks clear directions after retreating from the highest level in a month.

2024-05-16
AUDUSD bulls need validation from 0.6720 to keep the reins

AUDUSD bulls struggle to keep command at the highest level since January.

2024-05-15
100-SMA tests EURUSD bulls ahead of EU GDP, US CPI

EURUSD rises to the highest level in five weeks, up for the third consecutive day.

2024-05-14
GBPUSD pokes nine-week-old resistance as key UK/US data loom

GBPUSD regains upside momentum, after posting the first weekly loss in three.

2024-05-13
USDJPY pokes key resistance with eyes on US inflation, Japan's GDP

USDJPY jostles with a fortnight-old horizontal resistance as buyers turn cautious ahead of this week’s US inflation.

2024-05-10
EURUSD bulls keep control ahead of ECB Minutes, US data

EURUSD pares the biggest daily gains of the week while posting mild losses early Friday.

2024-05-09
100-SMA prods GBPUSD bears on BoE Super Thursday

GBPUSD stays defensive at the lowest level in a week, snapping a two-day losing streak.

2024-05-08
Gold keeps buyers in-game despite recent inaction, focus on $2,338

Gold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend.