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Market Analysis (Page 45)

2022-09-19
NZDUSD hovers above 0.5890 key support as the Fed week begins

NZDUSD dropped to the lowest level since May 2020 before bouncing off 0.5940 on Friday.

2022-09-16
Gold sellers brace for fresh yearly low, $1,650 in the spotlight

Gold renewed the yearly bottom on breaking the fortnight-old support line, now resistance around $1,700, the previous day.

2022-09-15
AUDUSD rebound remains unreal below 0.6780

AUDUSD bounced off a two-month-old support line as nearly oversold RSI pushed back the bears.

2022-09-14
GBPUSD recalls bears targeting 1.1400, UK CPI in the spotlight

GBPUSD seesaws below 50-SMA after breaking the weekly support line, not to forget to mention the reversal from a three-week-old horizontal hurdle.

2022-09-13
EURUSD bulls struggle to retake control ahead of US inflation

On Monday, EURUSD rose past 200-SMA for the first time in a month and formed a bullish channel.

2022-09-12
USDJPY stays on the way to 150.00

Despite the latest pullback from a 24-year high, the USDJPY remains inside a five-month-old megaphone formation suggesting a further widening of the uptrend.

2022-09-09
GBPUSD approaches 1.1730 on bullish RSI divergence, channel breakout

GBPUSD crosses the monthly bearish channel, also the 50-SMA hurdle, after briefly declining to the lowest levels since 1985.

2022-09-08
EURUSD bears running out of steam ahead of ECB

EURUSD fades bounce off the lowest levels in almost two decades as traders await the European Central Bank’s (ECB) second rate hike.

2022-09-07
Fortnight-old bearish channel keeps gold sellers hopeful

Gold extends pullback from 50-SMA and the upper line of the 12-day-long descending trend channel as sellers flirt with the $1,695.

2022-09-06
AUDUSD braces for yearly low on RBA day

AUDUSD bears take a breather after bouncing off a two-month-old horizontal support area, inside a broad bearish channel from early May.

2022-09-05
USDCAD bulls struggle ahead of BOC, Canada employment data

USDCAD again battle with the resistance line of an upward sloping trend channel since late October 2021.

2022-09-02
Gold eyes fresh yearly low, $1,660 in focus

Gold flirts with the $1,700 threshold as it approaches the yearly bottom ahead of the key US Nonfarm Payrolls (NFP) data.