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Xau/usd outlook: deepening crisis in the middle east lifts gold price to one-month high

Daily close above broken 200dma ($1929) is seen as minimum requirement to keep bulls intact for attack ...

October 18, 2023, 9:44 am

Eur/gbp in extended sideways mode and looks for fresh direction signal

EURGBP keeps bullish stance but a multiple failure under 200dma (0.8709) warn that bulls face strong he...

September 27, 2023, 10:34 am

Gbp/usd outlook: cable hits 10-month low after boe’s decision to keep rates unchanged

Limited corrective upticks should stay below falling 10DMA (1.2414) which formed a death-cross with 200dma...

September 21, 2023, 4:14 pm

Gbp/usd: sterling hit further by weak uk gdp data, but key support still holds

GBPUSD was down over 40 pips this morning in immediate reaction to weaker than expected UK GDP data. The price fell to the lowest in more than three m...

September 13, 2023, 8:13 am

Gbp/usd: dips after weak jobs data but still looks for clearer direction signal

Cable loses traction after weak UK jobless data and dips below 1.2500 mark on Tuesday morning. Fresh weakness adds to signals that brief recovery is l...

September 12, 2023, 10:33 am

Xau/usd : gold price regained traction on dovish signals from fed

Gold price rose further on Friday, extending recovery from $1915, where the higher base is forming after three-day fall found firm ground, after being...

September 8, 2023, 1:55 pm

Euro to dollar rate outlook: eur/usd holds key support ahead of data releases

The 200dma could be major support for EURUSD as it also lines up with a support trendline on the chart....

August 30, 2023, 6:44 pm

Eur/usd outlook: bears keep control ahead of jackson hole meeting

Bears eye next key supports at 1.0797/86 (200dma/Fibo 76.4% of 1.0635/1.1275), violations of which woul...

August 23, 2023, 11:14 am

Xau/usd: deeper drop to be expected on firm break of key $1900 support zone

Gold price edged higher in European trading on Thursday, after hitting five-month low ($1889) in Asia. Wednesday’s close below key supports at $1900...

August 17, 2023, 10:59 am

Wti crude oil settles above the 200-day moving average for the first time since august

WTI crude oil settled above the 200-day moving average for the first time since August in a rare win for the bulls this year.The rally above the ...

July 24, 2023, 7:07 pm

Brent crude – oil testing the 200dma for the first time since last summer

Can Brent break the 200-day SMA? There have been a number of factors that have contributed to the gains recently, starting with the Saudi extension to...

July 24, 2023, 4:11 pm

Brent crude – oil edging higher again after recent positive developments

Oil turns higher after brief pullback EIA reports small draw of 0.7 million 200dma could provide next t...

July 19, 2023, 4:12 pm

Usd/jpy: initial reversal signal needs confirmation on extension above 140

The USDJPY is consolidating above rising daily cloud in early Monday, trying to capitalize from initial reversal signals (strong rejection above conve...

July 17, 2023, 11:02 am

Usd/jpy outlook: initial reversal signal needs confirmation on extension above 140

The USDJPY is consolidating above rising daily cloud in early Monday, trying to capitalize from initial reversal signals (strong rejection above conve...

July 17, 2023, 9:14 am

Usd/jpy: bears lost traction on approach to 200dma

The USDJPY bounces on Friday, registering significant gains for the first time in seven days and generating initial signal of correction. Pullback fro...

July 14, 2023, 11:07 am

Aud/usd: aussie dollar stays afloat after rba paused but kept hawkish stance

Australian dollar regained traction after post-RBA dip and holding above thin daily cloud, pressuring strong barriers at 0.0.6690 zone (Monday’s hig...

July 4, 2023, 11:38 am

Aud/usd: bears pausing but hold grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below ...

June 26, 2023, 2:33 pm

Aud/usd outlook: bears are pausing but hold grip

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below ...

June 26, 2023, 10:59 am

Usd/jpy outlook: bulls to pause for consolidation before resuming

Daily studies remain in full bullish setup and support the action, with consolidation to ideally stay above 137.13 (broken ...

May 22, 2023, 9:00 am

Usd/jpy: key barriers in focus but consolidation likely to precede attack

Strong bullish acceleration extends into fifth straight day and cracks 200dma (137.05), with key barrie...

May 17, 2023, 9:01 am


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