Climbs to fresh two-week highs above 0.9800
USD/CHF extends its weekly gains to 1.98% after the Fed and SNB monetary policy decisions. The major break above the 0.9600-0.9700 range, registering a fresh weekly high at 0.9851. The … Read More
Tag: Technical Analysis
Tumbles below 164.00, approaches the H4 head-and-shoulders target
GBP/JPY is set to finish the week with decent losses of 1.28%. From a daily chart perspective, the cross-currency GBP/JPY shifted to neutral biased. Short term, the GBP/JPY is about … Read More
Could DocuSign (DOCU Stock) drop to a new 52W low at around $53.70?
Today’s instrument is DocuSign Inc.‘s stock traded on the Nasdaq exchange under the ticker DOCU. Looking at DOCU‘s chart, we can see it is traded at around $55.70 after dropping … Read More
Climbs towards weekly highs above 0.8500, but finishes around 0.8480s
EUR/GBP prepares to finish the week almost flat, compared to last week’s marginally down 0.06%. The cross-currency pair is range-bound in the 0.8400-0.8490 area, though risks are skewed to the … Read More
Bearish-biased as sellers reclaimed the 100/50/20-DMAs, eyeing 0.6700
AUD/USD plunged more than 0.50% on Friday amidst a buoyant greenback. The major slid in each day of the week; losing between Monday-Wednesday almost 3%. A break below 0.6869 clears … Read More
Gets smashed towards 0.7050 after rejection at 200 DMA
AUD/USD sees a sharp sell-off on renewed China growth concerns. US dollar gathers upside traction as risk-off remains at full steam. Multiple rejection at 200 DMA spells trouble for the … Read More
Buyers react to a bullish-doji in the daily chart
Based on a softer US inflation report, USD/JPY climbs during the week by 1.14%, after a volatile last three days. USD/JPY is neutral biased, but a doji emerging in the … Read More
Sellers eye 0.6800 as a bearish-engulfing candle pattern emerges
AUD/USD is about to finish the week with losses of 1.10%. A bearish-engulfing candle pattern and the RSI’s crossing below 50 are two reasons that could tumble the AUD/USD. AUD/USD … Read More
Shifted downwards in the near-term unless bulls reclaim 164.00
The GBP/JPY finished the week with decent losses of 0.68%. July’s worldwide reported S&P Global PMIs resurfaced recession concerns in the financial markets, shifting sentiment sour. GBP/JPY Price Analysis: In … Read More
Recovery remains elusive below $100.00
WTI snaps two-day downtrend inside immediate triangle, grinds higher of late. 200-EMA, two-week-old descending trend line restricts immediate upside. Bullish MACD signals, sustained bounce off $94.12 favor buyers. WTI grinds … Read More