Latest Analysis

NZDJPY crawled swiftly to challenge July’s resistance area of 77.27 on Wednesday, inching slightly above the 200-period simple moving average (SMA) too on the four-hour chart.

Technical Analysis – NZDUSD’s bearish tilt offset by upbeat job results

NZDUSD recently acquired a surge of positive momentum, resulting from stronger New Zealand job numbers for Q2, which has managed to somewhat neutralise the neutral-to-bearish bias in the pair.

Technical Analysis – USDJPY dives at 10-week low; bearish bias

USDJPY is holding beneath the ascending channel in the medium-term, sending the market below the 109.00 handle.

EURCHF is plummeting towards a fresh nine-month low of 1.0727, creating a strong selling movement after the pullback off 1.

Technical Analysis – EURJPY rebounds but downside risks remain in force

EURJPY is drifting across the 129.61 level, which happens to be the 50.0% Fibonacci retracement of the up leg from 125.

WTI crude oil futures are moving horizontally over the last 4-hour sessions above the 70.60 support level and below the short-term simple moving averages (SMAs).

Technical Analysis – GBPUSD advances above 1.39; neutral outlook

GBPUSD is heading up again after the pullback off the 1.4000 restrictive level and the 40-day simple moving average (SMA) last week.

Technical Analysis – AUDUSD consolidates below 0.74 but buyers intensify

AUDUSD is currently pushing above the 50-period simple moving averages (SMAs) and the flattening Ichimoku lines at 0.

USDJPY is attracting a selling interest beneath the 23.6% Fibonacci retracement level of the down leg from 111.

Technical Analysis – Gold eases back toward 1,800 after advances curbed

Gold is currently at the red Tenkan-sen line at 1,811 looking set to continue the road to the 1,800 mark, after positive developments were halted by the 50-day simple moving average (SMA) and the July 15 high of 1,834.

Technical Analysis – EURUSD pulls back off 40-day SMA around 1.1900

EURUSD found strong resistance at the 40-day simple moving average (SMA), which was hovering near the 1.1900 psychological level.

USDCHF’s decline has recently stalled around the 0.9043-0.9053 support obstacle.  In spite of this, the falling 50- and 100-period simple moving averages (SMAs) and their recent bearish crossovers of the 200-period SMA are nourishing the plunge in the pair.

GBPUSD found some footing at the red Tenkan-sen line at 1.3935 after a minor pullback from the 1.3981 level.

Technical Analysis – USDCAD looks for buyers near 1.2440; bears could dominate

USDCAD retreated below the short-term supportive trendline and to a two-week low of 1.2431 on Thursday following the multiple rejections from the 200-day simple moving average (SMA).

Technical Analysis – GBPJPY attempts to overcome 40-day SMA

GBPJPY is challenging the 40-day simple moving average (SMA) and the 153.40 resistance, following the bounce off the 148.

Technical Analysis – GBPAUD fiercely exits range area after a year

GBPAUD knocked the wall around 1.8525 to fiercely exit the one-year-old range area and peak at a 14-month high of 1.

Amazon stock price has been falling erasing the upward move followed the company’s stock ascending move in the previous week, remaining above the 20- and 40-day simple moving average (SMAs).

EURUSD, although having marginally peeked above its 200-period simple moving average (SMA) at 1.1870, is being curbed by the neighbouring defence of 1.

Technical Analysis – AUDUSD snaps key barrier, but stronger efforts needed

AUDUSD opened above the red Tenkan-sen line on Thursday, with scope to finally snap the Ichimoku line, which held the bulls under control since mid-June, and re-challenge the nearby 0.

Technical Analysis – WTI futures battle with SMAs; still positive

WTI crude oil futures had a strong battle with the 20- and 40-day simple moving averages (SMAs) near 72.30.

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