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,...
GBP/JPY fades bounce off two-week low as it approaches key support. The 100-DMA, the five-week-old ascending support line, restricts short-term downside. Bearish MACD signals, clear break...
USD/CAD seesaws around intraday low after reversing from 1.5-month-old resistance line. Recovery from 100-SMA joins bullish MACD signals, firmer RSI to suggest further advances. The 200-SMA,...
USD/JPY recovers from intraday low, bounces off three-day-old support line. Bearish MACD signals, one-week-old ascending trend line challenges buyers. 200-HMA, 134.50 act as the additional downside...
GBP/USD rebounds from intraday low but stays mildly offered. Pullback from three-day-old horizontal resistance teases sellers amid overbought RSI, impending bear cross on MACD. Key SMAs...
AUD/USD takes offers to refresh intraday low, reverses from 6.5-month-old resistance line. Sluggish oscillators add strength to the pullback moves targeting November’s peak. Three-week-old ascending trend...
GBP/USD bulls take a breather at six-month high, print mild losses of late. Double tops, bearish wedge formation joins RSI retreat to tease sellers. Key Exponential...
US Dollar Index bounces off six-month low, stays inside falling wedge bullish chart pattern. Oversold RSI, multiple hurdles to the south also keep buyers hopeful. 61.8%...
EUR/USD remains mildly bid near the six-month high ahead of the Fed meeting. Bearish candlestick, overbought RSI challenges further upside near the monthly resistance line. The...
USD/JPY grinds higher after refreshing two-week top. Clear break of three-week-old descending trend line, upbeat oscillators favor buyers. Convergence of 61.8% Fibonacci retracement level, downward-sloping resistance...
AUD/USD remains depressed around intraday lows during the first loss-making day in four. Bearish MACD signals, failure to cross weekly resistance line keep sellers hopeful. Buyers...
Silver price renews intraday low during the first loss-making day in four. Rising wedge, nearly overbought RSI adds strength to bearish bias. Convergence of previous resistance...
A breakdown of the H&S formation has triggered a bearish reversal. The 200-EMA has acted as a major barricade for the US Dollar. A slippage inside...
USD/JPY eases from one-week high, fades bounce off 200-DMA. Impending bull cross on MACD, falling wedge formation keeps buyers hopeful. Sellers have a bumpy road to...
EUR/USD remains pressured after reversing from five-month high, retreats from intraday high of late. Clear downside break of one-week-old ascending trend line, bearish MACD signals favor...