Gold may run higher if it clears the psychologically imposing 1900 level, but several other technical considerations are in play for the yellow metal. Where could XAU/USD head next?
US Dollar Technical Outlook: USD/SGD, USD/THB, USD/IDR, USD/PHP
2021-05-24 03:00:00
Daniel Dubrovsky,
Strategist
US Dollar, USD/SGD, USD/THB, USD/PHP, USD/IDR – ASEAN Technical Analysis
US Dollar is seeing mixed technical signals across ASEAN FX
Singapore Dollar Technical Outlook
The US Dollar continues to consolidate against the Singapore Dollar, but with what seems to be a slight downside bias. There was a bearish crossover between the 20- and 50-period Simple Moving Averages in April that remains in play. Falling resistance from March also seems to be maintaining the downside bias. A daily close under the 78.6% Fibonacci retracement at 1.3238 may open the door to revisiting the key 1.3158 – 1.3189 support zone.
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Analysis: Panic Selling Hits Cryptos
2021-05-20 03:00:00
Daniel Dubrovsky,
Strategist
Bitcoin (BTC/USD), Ethereum (ETH/USD),Litecoin (LTC/USD), Technical Analysis – Talking Points
Marketwide volatility hit cryptocurrencies on worst day since early 2020
Bitcoin could be vulnerable after prices took out the key 200-day SMA
Ethereum eyeing 100-day SMA, Litecoin took out medium-term trendline
Bitcoin Technical Outlook
Bitcoin suffered its worst daily drop in over 14 months on Wednesday. Weakness wasn’t just isolated to BTC, but felt throughout digital currencies in one amplified move. This was a pronounced marketwide reaction that wiped out about US$1 trillion from the total crypto market cap. So where does this leave Bitcoin, Ethereum and Litecoin from a technical perspective? What could traders expect in the event of deeper losses?
The US Dollar is losing ground against a few ASEAN counterparts. USD/SGD, USD/IDR and USD/PHP seem to be maintaining a downside bias. USD/THB may rise, however.
Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch
2021-05-12 02:00:00
Thomas Westwater,
Analyst
Euro Technical Forecast – Talking Points
EUR/USD consolidation may lead to a selloff as strength eases
EUR/AUD may look to retest former Rising Wedge support
EUR/JPY slightly lower after recording new multi-year high
EUR/USD Technical Breakdown
The Euro has advanced against a broadly weak US Dollar month-to-date, with EUR/USD up just over a full percentage point. Resistance over the past week has seen fading upside pressure, defined by a trendline that loosely forms a Rising Wedge pattern. Currently, the support line of that wedge appears to be in danger of giving way to downward price action.