Logout
Are you sure you want to exist?

Market Analysis (Page 33)

2023-05-03
GBPUSD bears flex muscles with rising wedge at multi-day top

GBPUSD pauses a two-week uptrend inside a rising wedge bearish chart formation.

2023-05-02
NZDUSD recovery remains unimpressive below 200-SMA

After defying a three-week losing streak, the NZDUSD pair grinds higher as traders brace for Wednesday’s New Zealand quarterly employment numbers.

2023-05-01
AUDUSD eyes corrective bounce as RBA week begins

AUDUSD marked negative closings in the last two consecutive weeks ahead of the Reserve Bank of Australia’s (RBA) monetary policy decision.

2023-04-28
Gold sellers eye consecutive third weekly loss, $1,935 in focus

Repeated attempts to mark a downside break of the $1,980-79 support confluence comprising a fortnight-old symmetrical triangle.

2023-04-27
EURUSD bulls observe inverse head-and-shoulders for major run-up

EURUSD dribbles around a fresh 13-month high marked the previous day as it pokes the neckline of an inverse head-and-shoulders bullish chart formation.

2023-04-26
AUDUSD eyes further downside on Australia inflation day

AUDUSD stays below the key support line stretched from the last October, after multiple rejections from the 100-DMA hurdle.

2023-04-25
GBPUSD portrays bullish consolidation above 1.2400

GBPUSD buyers appear running out of steam as it wavers inside a three-week-old trading range.

2023-04-19
Gold needs to break $1,980 support for short-term downside

Gold price grinds lower between a three-month-old ascending resistance line and an upward-sloping trend line from late March.

2023-04-18
EURUSD remains on the bull’s radar beyond 1.0900

EURUSD prints mild gains within a one-month-old bullish channel even as RSI eases from the overbought conditions.

2023-04-17
Rising wedge on the top lures GBPUSD bears

With its heavy fall on Friday, GBPUSD ended the last week on a negative note, after four consecutive weekly gains.

2023-04-14
Gold buyers run out of steam before final dose of US data

Gold price seesaws near the highest levels since March 2022 inside a one-month-old bullish channel.

2023-04-13
Two-month-old resistance line challenges EURUSD bulls

EURUSD bulls struggle at an 11-week-high as an upward-sloping trend line resistance challenges the major currency pair’s further upside around the 1.1000 psychological magnet.