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Apple is overbought: expect a pullback into may (technical analysis)

Based on some of my favorite momentum-trend oscillators of price, Apple appears to be due for a drop from $165. Using past instances of overbought con...

April 6, 2023, 7:19 am

Usd/cad price analysis: bears approach multi-month-old support near 1.3470

USD/CAD seesaws around five-week low after four-day downtrend. Clear break of 50-DMA, downbeat oscillators keep sellers hopeful. Ascending support lin...

March 31, 2023, 2:14 am

Eur/usd price analysis: 100-dma, doji candlestick prod bears around mid-1.0500s

EUR/USD struggles for clear directions after challenging the bears at two-month low. Trend reversal suggesting candlestick, rebound from 100-DMA join ...

March 9, 2023, 3:44 am

Nzdusd hovers near today’s 3½-month trough

NZDUSD sank to a fresh three-and-half month low of 0.6080, earlier today after the aggressive selling interest on Tuesday. The price is currently hold...

March 8, 2023, 8:45 am

Usd/cad refreshes four-month high above 1.3770 ahead of us employment and boc policy

USD/CAD is running higher with sheer momentum considering the bullish message from indicators and oscillators. USD/CAD has printed a fresh four-month ...

March 8, 2023, 5:44 am

Usd/chf price analysis: seesaws around 0.9415 key resistance-turned-support

USD/CHF remains sidelined after posting the biggest daily gains in five weeks. Clear upside break of 100-DMA joins momentum-positive oscillators to fa...

March 8, 2023, 2:44 am

Gbp/usd technical analysis - awaiting nfp

On the daily chart below, we can see that the price started to consolidate near the neckline of the possible ...

March 7, 2023, 9:39 am

Audusd shifts medium-term outlook to bearish

AUDUSD is still developing below the penetrated medium-term uptrend line with strong resistance being also the 200-day simple moving average (SMA) at ...

March 2, 2023, 9:31 am

Usd/cad price analysis: buyers need acceptance from 1.3620

USD/CAD clings to mild gains after defying a bullish chart formation. Upbeat oscillators, sustained trading beyond previous resistance line keep buyer...

March 2, 2023, 5:59 am

Usd/cad price analysis: retreats below 1.3600, but the uptrend is still in play

USD/CAD retreats from daily and weekly highs as the Asian session is about to begin. Despite dipping, oscillators remain bullish, meaning that further...

March 1, 2023, 10:29 pm

Usdjpy fights with 38.2% fibo and 200-day sma

USDJPY is struggling to surpass the 38.2% Fibonacci retracement level of the downward wave from 151.90 to 127.25 at 136.66, where also the 200-day sim...

March 1, 2023, 8:18 am

Eur/usd price analysis: sits quietly on bull’s radar around 1.0600

EUR/USD treads water after bouncing off 1.0530 support confluence, as well as crossing short-term resistance line. Downbeat oscillators, 50-day EMA ch...

February 28, 2023, 1:44 am

Usd/chf price analysis: extends break of fortnight-old support towards 0.9160

USD/CHF takes offers to renew intraday low, stretching pullback from weekly top. Clear downside break of short-term key trend line, SMA joins downbeat...

February 14, 2023, 5:59 am

Eur/usd price analysis: bulls cheer triangle breakout to aim for 1.0780 hurdle

EUR/USD extends the previous day’s rebound from five-week low, grinds higher of late. Sustained break of descending triangle, upbeat oscillators fav...

February 14, 2023, 12:44 am

Eurusd pauses southern move slightly below 1.0700

EURUSD is flirting with the 1.0670 support level, falling below the medium-term upward sloping channel and the short-term simple moving averages (SMAs...

February 13, 2023, 8:10 am

Wti crude oil gains some ground within trading range

WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower boundary of the trading range of 72.45-82.60. The price is...

February 9, 2023, 9:01 am

Nzdusd points marginally up within trading range

NZDUSD is ticking slightly higher, remaining within a medium-term consolidation area with upper boundary the 0.6510 resistance and lower boundary the ...

February 8, 2023, 8:29 am

Gbp/usd price analysis: death cross, 61.8% golden ratio probe recovery below 1.2100

Oscillators suggest further recovery but death cross on the EMAs and 61.8% Fibonacci retracement level probe bulls. Five-week-old horizontal support a...

February 8, 2023, 5:14 am

Aud/usd price analysis: bulls extend 200-ema breakout towards 0.7000

Sustained break of 200-EMA joins upbeat oscillators to favor buyers. Two-week-old horizontal resistance area challenges immediate upside while ascendi...

February 8, 2023, 3:29 am

What a stochastic indicator is and how to read its signals

What is a stochastic oscillator? How is a stochastic oscillator used by technical analysts, and can it ...

February 7, 2023, 12:46 pm


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