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Market Analysis (Page 3)

2024-10-10
EURUSD: Bears focus on 1.0800 and US Inflation clues

EURUSD licks its wounds at the lowest level in eight weeks as traders await September's US Consumer Price Index (CPI) data.

2024-10-09
GBPUSD: Bears attack 50-SMA, key horizontal support ahead of Fed Minutes

GBPUSD struggles to hold onto early gains after bouncing off a three-month support level.

2024-10-08
USDJPY: Sellers should pay attention to 146.40, Fed Minutes and US inflation

Early Tuesday, USDJPY remains weak after retreating from a seven-week high.

2024-10-07
Bitcoin: BTCUSD extends recovery from 200-SMA to pare weekly losses

Bitcoin (BTCUSD) rises to a week’s high, continuing its rebound from the 200-SMA.

2024-10-04
Gold: “Bullish Pennant” keeps XAUUSD buyers optimistic on US NFP Day

Gold prices are starting to rise, reducing weekly losses on the first positive day in three.

2024-10-03
EURUSD: Bears seek confirmation from “Double Tops” and US NFP

Early Thursday, EURUSD prints a five-day losing streak, reaching its lowest point in three weeks.

2024-10-02
GBPUSD: “Rising Wedge” signals selling pressure on Pound ahead of US employment clues

GBPUSD experienced its biggest decline in a week the previous day as the US Dollar strengthened ahead of the September jobs data.

2024-10-01
USDJPY: Recovery remains elusive below 146.30

On Tuesday morning, USDJPY gained momentum, continuing its recovery from a support level that had been holding for two months.

2024-09-30
Bitcoin: BTCUSD tests 7-Week uptrend as September wraps up

After three weeks of gains, Bitcoin (BTCUSD) kicks off the NFP week on a down note.

2024-09-27
Gold approaches key upside hurdle ahead of US PCE Inflation

After hitting an all-time high, gold prices are losing momentum as buyers await the US September Core PCE Price Index.

2024-09-26
EURUSD: Bulls need validation from 1.1200 and Fed Chair Powell

EURUSD is gaining support after falling from a 14-month high, as buyers wait for comments from US Federal Reserve (Fed) Chairman Jerome Powell.

2024-09-25
GBPUSD: Overbought RSI, key resistance test buyers at 31-month high

GBPUSD bulls are pausing at their highest level since February 2020, marking six days of gains despite a slow market atmosphere.