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Market Analysis (Page 36)

2023-03-09
GBPUSD eyes further downside ahead of crucial US/UK data

GBPUSD can see further downside ahead of the crucial UK/US data to be released.

2023-03-07
EURUSD stays bullish unless breaking 1.0540 support confluence

EURUSD makes gains to show recovery from from the 1.0540 support confluence.

2023-03-06
USDJPY eases from key hurdle to the north ahead of BoJ, NFP

USDJPY looses in a three for the first time in a week featuring BoJ Monetary Policy Meeting NFP looms.

2023-03-03
Gold grinds between 50-EMA and 200-EMA ahead of crucial week

Although gold makes the first weekly gain, the asset is within the key moving average envelope.

2023-03-02
EURUSD stays on the bear’s radar despite recent rebound

EURUSD crosses a one-month-old descending trend line to make a good start in March.

2023-03-01
GBPUSD braces for a bull run, falling wedge in focus

GBPUSD holds onto a falling wedge - a one-month-old bullish chart formation.

2023-02-28
USDCAD bulls need to cross 1.3700 for confirmation

USDCAD bulls struggle tp defend two-week-old winning steak and need to cross 1.3700 for confirmation.

2023-02-27
AUDUSD turns bearish but road to the south is long and bumpy

AUDUSD turns bearish but road to the south is long and bumpy with a three-month-old ascending trend line.

2023-02-22
NZDUSD bears struggle with 200-DMA on RBNZ day

NZDUSD dribbles around a seven-week low as the Reserve Bank of New Zealand (RBNZ) announced a 0.50% rate hike on Wednesday.

2023-02-21
Ascending triangle teases GBPUSD bears ahead of UK PMI

GBPUSD stays defensive inside a three-month-old ascending triangle.

2023-02-20
AUDUSD stays bearish unless crossing 0.6950

AUDUSD braces for the first monthly loss in four despite Friday’s rebound from the 61.8% Fibonacci retracement of its December 2022.

2023-02-17
Gold approaches key support surrounding $1,820

Gold approaches key support surrounding $1,820 and extends the early February fall towards 2-month-old horizontal support.