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Technical Analysis (Page 5)

2024-02-15
EURUSD rebound appears elusive, ECB’s Lagarde, US Retail Sales eyed

EURUSD struggles to defend the previous day’s corrective bounce from a three-month low early Thursday.

2024-02-14
GBPUSD bears keep 1.2500 on radar, UK inflation eyed

GBPUSD licks its wounds around 1.2600 early Wednesday as traders await the UK inflation clues for January.

2024-02-13
Gold teases sellers above $2,000 as US inflation looms

Gold price stays pressured for the fifth consecutive day, licking its wounds around $2,018 early Tuesday.

2024-02-12
NZDUSD bulls can ignore recent pullback

NZDUSD drops the most among the G10 currency pairs while reversing the previous weekly gains.

2024-02-09
GBPUSD struggles with support-turned-resistance to pare weekly loss

GBPUSD snapped a two-day winning streak on Thursday while retreating from a previous support line stretched from November 22.

2024-02-08
Gold again retreats from 200-SMA but bears need validation from $2,020

Gold price fades bounce off a two-month-old rising support line, failing to cheer the US Dollar’s weakness.

2024-02-07
USDJPY portrays bullish consolidation, further downside expected

USDJPY buyers are hesitant to enter the market unless there's a daily close above the horizontal resistance level near 148.80-90.

2024-02-06
AUDUSD bears can ignore post-RBA rebound from 11-week low

AUDUSD prints the first daily gain in three while bouncing off the lowest level since mid-November.

2024-02-05
EURUSD slides beneath key support as Fed’s Powell defends hawks

EURUSD dropped to the lowest level in two months after Federal Reserve (Fed) Chairman firmly pushed back the March rate cut.

2024-02-02
Gold buyers attack key resistance line on NFP day

Gold price rose in the last four consecutive days. Moreover, Gold buyers are likely to keep the reins.

2024-02-01
GBPUSD keeps Fed-inflicted bearish consolidation in play ahead of BoE

GBPUSD remains pressured within a six-week-old descending triangle.

2024-01-30
EURUSD tests falling wedge ahead of Eurozone GDP

EURUSD stays pressured within a three-week-old falling wedge bullish chart formation.