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Market Analysis (Page 14)

2024-04-03
EURUSD keeps rebound from 1.0725-20 support as key EU/US data loom

EURUSD recovered from a two-month-old horizontal support the previous day while teasing buyers.

2024-04-02
AUDUSD rebound remains elusive below 0.6500

AUDUSD portrays a corrective bounce from the lowest level in a month, snapping a three-day downtrend.

2024-04-01
USDJPY grinds within immediate range as holiday-shortened week begins

USDJPY registered the first weekly loss in three amid mixed concerns about the Bank of Japan’s (BoJ) next move.

2024-03-29
EURUSD bears attack six-month-old support ahead of Fed inflation

EURUSD remains pressured at the lowest level in five weeks, down for the fourth consecutive day.

2024-03-28
GBPUSD sellers need validation from 1.2565 and UK/US GDP

GBPUSD prints mild losses around 1.2630 while paring the first weekly gains in three.

2024-03-27
Bullish pennant keeps Gold buyers hopeful despite latest inaction

Gold price remains lackluster within a three-week-old trading range, struggling to extend the weekly rebound by the press time.

2024-03-26
200-SMA tests AUDUSD rebound from six-week-old support

AUDUSD struggles to defend the week-start recovery from an ascending support line stretched from early February.

2024-03-25
USDJPY retreats from key resistance, focus on US, Japan inflation clues

USDJPY remains pressured towards 151.00 while keeping the previous day’s U-turn.

2024-03-22
AUDUSD sellers should keep eyes on 0.6510 and Fed talks

AUDUSD stays on the way to posting a second consecutive weekly loss while reversing the post-FOMC rally.

2024-03-21
GBPUSD bulls keep eyes on 1.2900 and BoE

GBPUSD bulls take a breather at a weekly high, after rising the most in a fortnight the previous day.

2024-03-20
Gold grinds within $15 trading range as Fed decision looms

Gold price licks its wounds around the mid-$2,100s while portraying a choppy move.

2024-03-19
USDJPY jumps 100 pips even as BoJ exits negative-rate policy

USDJPY refreshes a two-week high during a six-day uptrend even as the Bank of Japan (BoJ) takes a historical decision.