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...
The US Dollar Index sees near short-term key support after falling most in a week. Nearly oversold RSI, sluggish MACD signals also challenge DXY bears. Bearish...
USD/CAD remains pressured towards 1.3520 support confluence inside six-week-old rising wedge. 50-day EMA joins wedge’s lower line to highlight 1.3520 support. Looming bear cross on MACD,...
GBP/USD takes offers to refresh intraday low, pokes short-term key support line. Sustained trading below 100-SMA keeps sellers hopeful of visiting 200-SMA. Two-week-old horizontal area restricts...
AUD/USD takes offers to refresh intraday low, reverses week-start recovery. Support break joins bearish MACD signals, downbeat RSI to keep sellers hopeful. Daily closing below 100-DMA...
GBP/JPY plummets to two-month low on BOJ’s inaction. Downside break of the key support line, 100-DMA joins bearish MACD signals to favor sellers. Daily closing below...
AUD/JPY grinds higher even as RBA Minutes fail to impress traders. RBA Minutes stated that policymakers discussed all options, eyeing further rate hikes. Inverse Head-and-Shoulders pattern,...