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Market Analysis (Page 41)

2022-11-30
Bearish RSI divergence teases EURUSD sellers on a crucial day

EURUSD pair is all set to register the biggest monthly gain since September 2010.

2022-11-29
Bull flag keeps USDCAD buyers hopeful

USDCAD grinds lower inside a bullish chart pattern. That said, the 50-DMA hurdle surrounding 1.3570 guards the Loonie pair’s immediate upside.

2022-11-28
AUDUSD teases bears amid China-inspired risk aversion

AUDUSD remains on the bear’s radar as it broke a short-term symmetrical triangle, as well as the 50-SMA.

2022-11-25
Gold buyers are all set to revisit $1,787

Gold pierces 50-SMA as it braces for the weekly gains with a four-day uptrend.

2022-11-24
EURUSD is on the way to refresh monthly high

EURUSD stays on the front foot after successfully breaking a one-week-old descending resistance line, now support around 1.0290.

2022-11-23
NZDUSD stays on the buyer’s radar on RBNZ day

NZDUSD defends the early month breakout of the 100-DMA and a downward-sloping trend line from April 05.

2022-11-22
AUDUSD bulls are at test, 0.6535 is the key

AUDUSD remains pressured after printing the first negative week in five. The bearish bias recently got acceptance from the 50-SMA breakdown.

2022-11-21
GBPUSD remains on the bull’s radar

GBPUSD remains sidelined since the last Wednesday and retreats from its intraday high so far on Monday.

2022-11-18
Gold could drop to $1,730 but further downside appears doubtful

A clear break of a fortnight-old ascending trend line and the RSI pullback from overbought territory favor gold bears to snap a two-week uptrend.

2022-11-17
AUDUSD bulls eye 200-DMA on Aussie employment data day

AUDUSD retreats from a descending trend line from early April, but the 100-DMA challenges the pair bears as they cheer a retreat from a two-month high.

2022-11-16
EURUSD needs a sustained break of 1.0430 to avoid a pullback

EURUSD refreshed a 4.5-month high by piercing the 200-DMA ahead of the US Retail Sales.

2022-11-15
GBPUSD buyers are all set to confront the 1.2030 hurdle

GBPUSD bulls approach the key resistance line, stretched from mid-June, ahead of the UK’s employment numbers.