A recovery in the risk-on mood has underpinned the Pound Sterling. The Cable is hovering around the downward-sloping trendline of the Descending Triangle pattern. A break...
Silver price eases after posting the biggest daily gains in over a week. Impending bear cross on MACD, RSI retreat add strength to the fears of...
USD/CHF bypasses a doji and falls below the 0.9300 figure. The USD/CHF price action suggests the pair might form a triple bottom, but oscillators point downwards....
AUD/USD prints heaviest intraday gains since Friday despite recent inaction. Bullish chart formation, sustained trading beyond 0.6700 support confluence favors buyers. Multiple hurdles stand tall to...
USD/JPY takes offers to refresh intraday low, snaps six-day uptrend. Failure to stay beyond 200-HMA joins RSI retreat to break the key support line from December...
Silver price remains pressured around one-month-old ascending support line. The Fortnight-long horizontal region, the 100-SMA, adds to the immediate downside filters. Bearish MACD signals keep sellers...
EUR/USD prints three-day uptrend as it sees around intraday top. MACD teases buyers but rising wedge formation challenges upside momentum. One-week-old horizontal support adds to the...
GBP/USD picks up bids to depict the third U-turn from 1.2000. RSI, MACD both suggest that bears are running out of steam. Bulls need validation from...
USD/JPY grinds higher around weekly top during five-day winning streak. 50-SMA, fortnight-old descending trend line probe immediate upside. Bullish MACD signals, one-week-old ascending trend line keeps...
USD/CAD picks up bids while snapping two-day downtrend, recovers from three-week low. RSI rebound, easing bearish bias of MACD joins the failure to break the key...
EUR/USD remains pressured around short-term key support, snaps two-day uptrend. Convergence of 50-SMA, one-month-old ascending trend line puts a floor under the prices. Impending bear cross...
GBP/USD struggles to keep the bounce off one-month-old ascending support line. Sustained downside break of 200-SMA, downbeat RSI conditions keep sellers hopeful. The 1.2080 resistance confluence...
USD/JPY retreats from one-week high to snap three-day uptrend. Downside break of weekly support line adds strength to bearish bias. 100, 200 EMAs add to the...
US Dollar Index takes offers to extend three-day downtrend. Two-week-old ascending support line, oversold RSI conditions challenge immediate downside. Sellers need validation from 103.75 before eyeing...
WTI picks up bids to refresh three-week high. Bullish MACD signals, clear break of previous resistance line favor buyers. Descending resistance line from June, 100-EMA challenges...
USD/JPY picks up bids to pare BOJ-inflicted losses during three-day winning streak. Bearish chart formation, overbought RSI conditions challenge further upside. Sellers need validation from 50-HMA...
USD/CAD fades bounce off 21-DMA amid sluggish RSI. Impending bear cross on MACD, multiple failures to cross 1.3700 keep bears hopeful. Convergence of 50-DMA, five-week-old ascending...
EUR/USD remains sidelined around three-week-old horizontal support, fading upside momentum of late. Downbeat RSI keeps bears hopeful of meeting 1.0440 support confluence. Bulls need to cross...
AUD/USD extends bounce off short-term key support line. Bullish crossover by significant HMAs keeps buyers hopeful of overcoming the key hurdle. Eight-day-old resistance line adds to...
AUD/USD picks up bids to poke short-term key resistance during two-day uptrend. Convergence of 200-EMA, descending trend line from Tuesday restricts immediate upside. Firmer oscillators suggest...