Technical Analysis - Page 2

Gold Battered After Hawkish Fed Chair Renominated

Fed Chair Jerome Powell was renominated by the White House for another term of 4 years. Gold bulls were not too pleased with Powell widely...

Majors relax ahead of key USD resistance levels

Major dollar crosses look like they're easing back ahead of significant tests major dollar resistances. All this on the back of the notion that Fed...

EURUSD At 15-mth Lows: Where To Next?

EURUSD has finally cleared the major long-term support at 1.1500 dollars. The euro is now at 15-month lows against the dollar. But will 1.1500 be...

Gold clears 3-month highs but will it last?

Gold has cleared the 1830 dollar ceiling but is it the start of a new bull run? Check out the Daily chart below. Ahead of the...

Gold probing 3-month highs on back of dovish central bankers

Gold had been surging pass the 1800 dollar pivot in the last couple of days to re-test the resistance at 1830 dollars, as per...

FX majors break out of ranges for more swing trades

Many FX majors (except USDJPY) have finally broken out of familiar intraday ranges, allowing for more swing trade opportunities. The charts in this post are...

Intraday FX targets unchanged in calm November start

The new month opened calmly ahead of NFP and rate decisions out of the US and the UK. H4 range targets remain the same, hence...

Month-end book adjustments spur spikes but no surprises

Institutional traders squaring books in the month-end caused a few spikes, but price action were still largely contained in familiar ranges as expected earlier...

Quiet Trading Keeps Price Action Rangebound This Week

Other than the US Core PCE Price index number this Friday, this week promises to be quiet from fundamental analysis standpoint. The charts in this...

Dollar Undecided After Taper Talk Regains Focus

Headlines are saying the dollar is climbing as Fed's Powell returns to focus with more tapering talk. But we also see bond market positioning implying...

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