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Market Analysis (Page 11)

2024-05-20
GBPUSD bulls jostle with key upside hurdles within rising wedge

GBPUSD struggles to extend the biggest weekly gains since early March while confronting a five-week-old horizontal resistance area.

2024-05-17
Gold stays bullish despite recent pullback, $2,400 in the spotlight

Gold price lacks clear directions after retreating from the highest level in a month.

2024-05-16
AUDUSD bulls need validation from 0.6720 to keep the reins

AUDUSD bulls struggle to keep command at the highest level since January.

2024-05-15
100-SMA tests EURUSD bulls ahead of EU GDP, US CPI

EURUSD rises to the highest level in five weeks, up for the third consecutive day.

2024-05-14
GBPUSD pokes nine-week-old resistance as key UK/US data loom

GBPUSD regains upside momentum, after posting the first weekly loss in three.

2024-05-13
USDJPY pokes key resistance with eyes on US inflation, Japan's GDP

USDJPY jostles with a fortnight-old horizontal resistance as buyers turn cautious ahead of this week’s US inflation.

2024-05-10
EURUSD bulls keep control ahead of ECB Minutes, US data

EURUSD pares the biggest daily gains of the week while posting mild losses early Friday.

2024-05-09
100-SMA prods GBPUSD bears on BoE Super Thursday

GBPUSD stays defensive at the lowest level in a week, snapping a two-day losing streak.

2024-05-08
Gold keeps buyers in-game despite recent inaction, focus on $2,338

Gold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend.

2024-05-07
AUDUSD portrays “fakeout” on RBA’s status quo

On Tuesday, the RBA kept its monetary policy unchanged and dragged the AUDUSD pair back from an intraday high.

2024-05-06
USDJPY rebound appears elusive below 155.70

USDJPY bounces off a one-month low to snap a three-day winning streak early Monday

2024-05-03
Gold grinds within the falling wedge ahead of the US NFP

Gold price brace for the second consecutive weekly loss despite downbeat US Dollar performance.