50-hour EMA and seven-day long descending trend-line limit WTI’s immediate upside. 23.6% Fibonacci retracement, $52.20 seem close supports. Despite being above 23.6% Fibonacci retracement of its one-week downpour from July… Read more »
Kiwi buyers fail to build on risk rebound after better labour market data ForexLive The pair fails to find further upside momentum after the positive headlines earlier in the day… Read more »
Ripple price recovered recently above $0.3100, but struggled to break $0.3140 against the US dollar. The price is currently declining and it might even break the $0.3050 support area in… Read more »
EUR/GBP buyers aren’t giving up yet after the recent move back under 0.9000 ForexLive The more immediate focus in the near-term chart is seeing if price can stay above the… Read more »
GBP/USD price action is seen hugging the key hourly moving averages ForexLive Currently, all the talk is about Boris Johnson assembling his Brexit “dream team” but there is also chatter… Read more »
Gold prices reversed off the first major resistance target at the 100% extension of the 2016 advance and leaves the broader XAU/USD breakout vulnerable near-term. These are the updated targets… Read more »
ASX 200 Technical Analysis Talking Points: The Australian stock benchmark remains tantalizingly close to record peaks But steady gains have given way to more range-bound trade How this plays out… Read more »
AUD/USD trades in just a 17 pips range so far today ForexLive But more importantly, buyers defended an attempt by sellers to drive price below the 100-hour MA (red line)… Read more »
USD/JPY gains limited by the 200-hour moving average and the 108.00 level ForexLive The pair is holding higher on the day after the yen weakened into the Tokyo fix earlier… Read more »
Cable runs into a test of the 100-hour moving average ForexLive The pound is moving towards a key challenge right now as we see GBP/USD hit a high of 1.2484… Read more »