Tag: SMA
USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High
Canadian Dollar Talking PointsUSD/CAD trades to a fresh weekly high (1.3808) as it extends the advance following the Federal Reserve rate decision, a [...]
AUD/USD to Track 50-Day SMA amid Failure to Test October High
Australian Dollar Talking PointsAUD/USD struggles to hold its ground following the kneejerk reaction to the Federal Reserve rate decision, and the ex [...]
Oil Price Holds Above 50-Day SMA to Eye October High
Crude Oil Price Talking PointsThe price of oil climbs to a fresh weekly high ($90.36) following an unexpected decline in US inventories, and crude ma [...]
Selling EUR/GBP at the 20 SMA After the Retreat Higher
The GBP has remained slightly bid across the board recently, buoyed by the positive impact of the appointment of Rishi Sunak as the UK Prime minister. [...]
Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA
Gold Price Talking PointsThe price of gold carves a series of lower highs and lows despite the kneejerk reaction to the US Personal Consumption Expen [...]
USD/JPY Reverses Ahead of 50-Day SMA with Fed Rate Decision on Tap
Japanese Yen Talking PointsUSD/JPY rises for the second day following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price In [...]
EUR/USD Testing the 50 SMA Despite the Surging CPI Inflation
EUR/USD briefly rose above the immediate resistance at the early-October high at parity last week, coinciding with the upper edge of a falling channel [...]
AUD/USD to Test 50-Day SMA on Break Above Monthly Opening Range
Australian Dollar Talking PointsAUD/USD trades back above the September low (0.6363) as it carves a series of higher highs and lows, and the exchange [...]
Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report
Gold Price Talking PointsThe price of gold trades to a fresh weekly high ($1675) as US Treasury yields fall to fresh weekly lows, and bullion may con [...]
Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
Gold Price Talking PointsThe price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the p [...]
EUR/USD Rebound Fizzles Ahead of 50-Day SMA
EUR/USD Rate Talking PointsEUR/USD carves a series of lower highs and lows as it continues to pull back from the weekly high (0.9876), and the exchan [...]
EUR/USD Rate Rebounds Ahead of Yearly Low to Approach 50-Day SMA
EUR/USD Rate Talking PointsEUR/USD carves a series of higher highs and lows following the kneejerk reaction to the US Consumer Price Index (CPI), and [...]
EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range
EUR/USD Rate Talking PointsEUR/USD trades in a narrow range after snapping the series of lower highs and lows from last week, but failure to defend th [...]
Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA
Crude Oil Price Talking PointsThe price of oil extends the advance from the start of the week as the Organization of Petroleum Exporting Countries (O [...]
Gold Price Climbs Above 50-Day SMA to Approach September High
Gold Price Talking PointsThe price of gold clears the former-support zone around the July low ($1681) as it extends the series of higher highs and lo [...]