Logout
Are you sure you want to exist?

Market Analysis (Page 18)

2024-07-03
GBPUSD bulls attack key upside hurdles as UK/US PMI, Fed Minutes loom

GBPUSD struggles to defend the five-day uptrend early Wednesday as traders await key activity numbers from the UK and the US.

2024-07-02
AUDUSD drops within a symmetrical triangle on unimpressive RBA Minutes

AUDUSD extends the week-start losses toward 0.6600 as Minutes of the latest Reserve Bank of Australia (RBA) Monetary Policy Meeting fail to inspire the bulls.

2024-07-01
USDJPY grinds within a fortnight-old bullish channel

USDJPY stays mildly bid around 161.00 early Monday as traders await the key US data/events scheduled for release during the week.

2024-06-28
EURUSD approaches multi-month-old support ahead of Fed inflation

EURUSD struggles to defend the first weekly gain in four as sellers appear more inclined to revisit an upward-sloping support line from early October 2023.

2024-06-27
Oversold RSI, $2,293 key support challenge Gold sellers ahead of US data

Gold price remains pressured at the lowest level in a fortnight while justifying the previous day’s downside break of a three-week-old rising support line.

2024-06-26
AUDUSD bulls attack six-week-old resistance on strong Australian Inflation

AUDUSD jumps nearly 50 pips after Australia’s monthly Consumer Price Index (CPI) for May rose the most in six months early Wednesday.

2024-06-25
USDJPY eases within the bullish channel, sellers need validation from 159.00

USDJPY defends the previous day’s retreat from a two-month high as traders await Tuesday’s US Confederation Board’s (CB) Consumer Confidence figures for June.

2024-06-24
Impending “Death Cross” lures Crude Oil sellers

Crude Oil struggles to defend the previous two-week uptrend early Monday, after reversing from a seven-week high on Friday.

2024-06-21
Gold braces for consecutive second weekly gain, focus on $2,390

Gold price seesaws at the highest level in a fortnight early Friday, after rising the most in five weeks the previous day.

2024-06-20
EURUSD fades bounce off key support line as full markets return

EURUSD lacks clear directions early Thursday after rising in the last three consecutive days.

2024-06-19
GBPUSD stays on bear’s radar ahead of UK inflation, BoE

GBPUSD stays defensive after recovering from a one-month low in the last two days.

2024-06-18
WTI Crude Oil’s pullback appears elusive beyond $78.00

WTI crude oil pares the biggest daily gain in a week while posting mild losses near $79.50 early Tuesday.