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Market Analysis (Page 4)

2024-09-24
USDJPY: Bears have strong reasons to regain control

As Yen traders return from a long weekend, the USDJPY is testing its recent dip from a five-week-old downward resistance line.

2024-09-23
BTCUSD pierces 200-SMA, but buyers face challenges ahead

Bitcoin (BTC) has climbed to its highest level in a month, crossing the important 200-day Simple Moving Average (SMA) early Monday.

2024-09-20
USDJPY: Sellers remain in driver’s seat despite BoJ’s status quo

Early Friday, USDJPY reverses the previous day’s run-up to the highest level in a fortnight as the BoJ leaves monetary policy unchanged.

2024-09-19
GBPUSD: Post-FOMC optimism remains intact despite pre-BoE retreat

GBPUSD consolidates Fed-induced gains as traders await monetary policy announcements from the Bank of England (BoE).

2024-09-18
EURUSD: Bulls struggle to keep control on FOMC Day

EURUSD picks up bids to reverse the previous day’s retreat from a month-old horizontal hurdle as traders prepare for the US FED Interest Rate Decision.

2024-09-17
Gold: Pullback remains elusive beyond $2,570, US data, Fed eyed

Gold snaps three-day winning streak while retreating from an all-time high, marked the previous day.

2024-09-16
Bitcoin: BTCUSD bulls take a breather as FOMC week begins

Bitcoin (BTCUSD) has been under pressure for the third consecutive day as traders cautiously approach a crucial week.

2024-09-13
Gold: Prices renew all-time high under $2,600, but expect some bumps ahead

Gold prices hit a fresh record high around $2,570 early Friday as it extends the previous day’s upside break of a three-week-old resistance.

2024-09-12
EURUSD: Bears Eye 1.0980 as ECB Interest Rate Decision Approaches

EURUSD prints its first daily gain in five days as traders recover from a month-long low, preparing for the ECB's upcoming policy announcements.

2024-09-10
GBPUSD: Sellers need confirmation from 1.3050 and UK/US economic data

GBP/USD remains flat at its lowest level in three weeks, ending a two-day losing streak.

2024-09-09
USDJPY: Bounces off important support, but "Death Cross" makes sellers optimistic

USDJPY ends a four-day decline and rebounds from its lowest point in a month as traders start the US inflation week with mixed feelings.

2024-09-06
Gold: Edges higher within bullish channel, focus on $2,530 and US NFP

Gold buyers are gearing up for potential weekly gains as the metal rebounds from a resistance-turned-support level.