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Market Analysis (Page 21)

2023-12-01
EURUSD recovers within key trading zone, ECB’s Lagarde, Fed’s Powell eyed

EURUSD portrays a corrective bounce from the weekly low, snapping a two-day losing streak.

2023-11-30
Gold buyers lack momentum within rising wedge, Fed inflation eyed

Gold price remains sidelined at the highest level since May 05, making rounds to $2,045-50 during early Thursday.

2023-11-29
NZDUSD jumps to four-month high despite RBNZ inaction

NZDUSD extends the previous day’s 200-SMA breakout despite the Reserve Bank of New Zealand’s (RBNZ) status quo.

2023-11-28
GBPUSD pullback appears overdue, 1.2560 eyed

GBPUSD seesaws at the highest level in 12 weeks, printing mild intraday gains during a four-day uptrend, amid early Tuesday.

2023-11-27
USDJPY extends pullback from 50-SMA despite firmer yields

USDJPY faces resistance around the 50-SMA, prompting sellers to target the 149.00 level.

2023-11-24
Gold retreats on Black Friday but bulls stay hopeful

Gold price pares the weekly gain after the Thanksgiving holiday as traders seek more clues to stay bullish amid mixed clues.

2023-11-23
GBPUSD bounces off 200-SMA ahead of UK PMIs

GBPUSD ended a three-day winning streak following the UK's Autumn Statement, which failed to impress buyers of the British pound (Cable).

2023-11-22
EURUSD bulls prod golden Fibonacci ratio amid overbought RSI

The EURUSD currency pair is currently trading close to its highest level in 14 weeks.

2023-11-21
USDCAD sellers need validation from 1.3670 and Canada inflation data

USDCAD fades the week-start recovery as market players await Canada inflation data on early Tuesday

2023-11-20
USDJPY drops to three-week low on breaking 150.00 key support

USDJPY prints a three-day losing streak as it slides to the lowest level in three weeks amid early Monday.

2023-11-17
EURUSD hovers around key resistance, focus on ECB’s Lagarde

EURUSD appears all-set for the weekly gain even if a three-month-old descending resistance line and the overbought RSI (14) restrict the pair’s immediate upside.

2023-11-16
Gold price recovery appears elusive below $1,975

Gold price braces for the first weekly gain in three while defending the week-start rebound.