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...
Silver picks up bids to print the first daily gain in three. Three-week-old bullish channel, ascending trend line from late October keep buyers hopeful. MACD signals...
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...
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%...
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...
AUD/USD defends bears around 0.6715 heading into Thursday’s European session. In doing so, the Aussie pair braces for the weekly loss while parting ways from the...
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...