Author: Analysis Team

NZD/USD reverses Monday’s recovery moves with mild losses. Strong Momentum line may tease bears but bulls will refrain to enter below 100-HMA. NZD/USD bounces off an intraday low of 0.6970 while licking its wounds, down 0.13% on the day,...

Traders added more than 9K contracts to their open interest positions in crude oil futures markets after two daily pullbacks in a row on Monday, considering flash data from CME Group. Volume followed suit and went up by around...

EUR/JPY’s rebound run out of steam near 131.60. So far, the next support comes in at the 130.00 area. EUR/JPY failed to push the upside momentum further north of the 131.60 zone on turnaround Tuesday. The inability of the cross...

EUR/USD’s bounce stay so far limited around the 1.1920 area. The mid-1.1800s emerge as the next contention zone. EUR/USD gives away part of Monday’s bullish attempt to levels past the 1.1900 yardstick. If the recovery gathers extra steam, then the...

EUR/GBP marks another failure to cross 0.8600, teases two-day-old support line. Downward sloping RSI backs U-turn from the key moving average, resistance line. EUR/GBP sellers attack nearby support line while taking offers around 0.8588 during Monday’s Asian session. The...