Share: AUD/USD takes offers to refresh intraday low inside bearish chart formation. Absence of oversold RSI (14) line adds strength to downside bias. Aussie pair’s recovery...
Share: USD/MXN takes offers to approach 13-day-old horizontal support zone, down for the third consecutive day. Oversold RSI (14) line challenges Mexican Peso pair’s further downside...
Share: Natural Gas struggles to defend the first daily gains in three inside bullish chart formations. Key SMA, impending bull cross on MACD lure XNG/USD buyers....
Share: EUR/USD picks up bids to rebound from two-month low, snaps three-day losing streak. Ascending trend line from November 2022, 200-day EMA challenges Euro bears amid...
Share: USD/CHF renews intraday low while reversing from six-week high. U-turn from resistance line of rising wedge bearish pattern tease sellers despite upbeat oscillators. The 50-DMA...
Share: AUD/USD stays depressed at the lowest levels since November 2022 after falling in the last three consecutive days. Break of six-month-old descending trend line, 61.8%...
Share: The US Dollar Index continues its climb, currently trading above 104.000, driven by robust US Treasury bond yields. A third consecutive daily close above the...
Share: USD/JPY buyers struggle to extend the latest run-up at the highest levels in six months. Key Fibonacci retracement level, late November 2022 peak prod Yen...
Share: EUR/USD drops to its lowest levels since late March, down for the third consecutive day. Clear reversal from 100-DMA hurdle, downside break of previous weekly...
Share: USD/INR takes offers to refresh intraday low, reverses from five-week high. Failure to cross five-month-old resistance line joins overbought RSI to lure Indian Rupee buyers....
Share: NZD/USD remains on the back foot despite recent corrective bounce following comments from RBNZ Governor Orr. RBNZ’s Orr struggles to restore market’s confidence despite keeping...
Share: Silver price prints two-day downtrend, reverses Friday’s corrective bounce. Looming bear cross on MACD, sustained trading below 50-SMA keeps XAG/USD sellers hopeful. Silver sellers can...
Share: GBP/USD struggles to defend the bounce off short-term moving average ahead of US, UK PMI numbers for May. Bearish MACD signals, steady RSI suggests further...
Share: Natural gas price prints the first daily gain in three as it bounces off a 12-day-old ascending support line. Bullish MACD signals, steady RSI line...
Share: NZD/USD remains depressed inside immediate triangle formation. Golden cross, steady RSI keeps Kiwi pair buyers hopeful. Bulls need validation from 0.6310 to retake control. NZD/USD...
Share: EUR/USD grinds higher around intraday top, extends previous day’s rebound from two-month low. Clear upside break of 100-DMA, RSI rebound from nearly oversold territory underpin...
Share: Weekly forecast, May 22 – 26, 2023 Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 4173,25, which will...
Share: Natural Gas price retreats from the highest levels in five weeks, pares the biggest daily jump in seven months. Overbought RSI, 4.5-month-old horizontal area challenges...
Share: AUD/USD fails to extend the corrective bounce off multi-day low inside ascending trend channel. Short-term falling resistance line produces recovery moves. Below-50 levels of RSI...
Share: USD/JPY snaps six-day uptrend at highest levels since November 2022, struggles to defend Yen buyers of late. Short-term support lines, previous resistance from March challenge...