Latest Analysis

Technical Analysis – Natural gas futures tick higher as bullish forces linger

Natural gas futures (September 2022 delivery) have drifted higher again after their recent downside correction faltered.

GBPAUD re-activated its 2022 downtrend early on Friday, tumbling to a new more-than-a-four-year low of 1.7084 after a four-month period of consolidation.

Technical Analysis – USDCAD plummets but 200-day SMA caps downside

USDCAD has been losing ground in the short term since it peaked at the 20-month high of 1.3222 in mid-July.

Technical Analysis – GBPJPY battling to keep its feet above trendline

GBPJPY came under renewed selling pressure on Thursday but encouragingly it quickly managed to recover its flash drop to 161.

Technical Analysis – JP 225 index defends bulls, but not out of the woods yet

Japan’s 225 stock index (cash) stepped on the resistance trendline and the 20-day simple moving average (SMA) around 27,800 to defend its latest bullish break out of the bearish channel on Wednesday, but negative risks have not completely faded out.

Technical Analysis – BTCUSD extends advance, eyeing $25,000 mark

BTCUSD has been in a steady uptrend since it managed to halt its long-term decline at the 2022 low of 17,588.

Technical Analysis – EURCHF approaches SNB flash crash low

EURCHF entered a sliding mode this week, after hitting 0.9800, and is now hovering near the July 29 low, at 0.

Technical Analysis – AUDUSD spikes after soft US CPI print

AUDUSD had been battling with its 50-day simple moving average (SMA) after it rebounded from the 26-month low of 0.

Technical Analysis – Gold abandons bullish channel, but confirmation required

Gold could not sustain its bullish power above the 1,795 ceiling despite its flash spike to 1,807 on Wednesday, with the price retreating below the upward-sloping channel instead to reach a low of 1,783 early on Thursday.

Technical Analysis – WTI oil futures gently move up; key resistance ahead

WTI oil futures (August delivery) have been gently crawling up over the past week following the close below the 200-day simple moving average (SMA) and the drop to a six-month low of $87.

Tesla’s stock has been in a sustained uptrend since early June, generating a structure of higher highs and higher lows.

EURGBP shifted to the sidelines in the four-hour chart after hitting resistance around the 50% Fibonacci retracement of the 0.

Τechnical Analysis – USDJPY resumes rebound but 50-day SMA caps advance

USDJPY has been gaining some ground in the short-term after its latest decline came to a halt at the 130.40 region.

Technical Analysis – NZDUSD in quiet trading ahead of US CPI inflation

NZDUSD has been silent since Monday’s negligible pickup, which put the market in the green territory on a weekly basis, trading flat at 0.

Technical Analysis – Disney stock bounces off 29-month low

Disney's share price has been in a sustained downtrend since the beginning of the year, but lately it is exhibiting some signs of a recovery after rebounding from the 29-month low of 90.

Technical Analysis – US 100 index flatlines between key boundaries

The US 100 stock index (cash) added more credence to its ongoing bullish wave after setting a strong foothold around June’s ceiling of 12,896 at the end of July, where the 38.

Technical Analysis – EURJPY bullish correction still at risk

EURJPY has been in the green every single day since the plunge to an almost three-month low of 133.39 and the creation of a bullish hammer candlestick last week, rising gradually up to 137.

Technical Analysis – GBPUSD capped by 50-day SMA as rebound falters

GBPUSD has been in a prolonged downtrend since the beginning of the year, creating a clear structure of lower highs and lower lows.

USDJPY jumped on the back of a stronger-than-expected US nonfarm payrolls report on Friday, piercing aggressively the constraining 50-period simple moving average (SMA) on the four-hour chart to top at 135.

Technical Analysis – US 500 index defends bullish direction; bias cautiously positive

The US 500 stock index (cash) managed to crawl above its 100-day simple moving average (SMA) last week and rise as high as 4,170, adding more credence to the short-term bullish trend.



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