GBPJPY portrays a corrective bounce off the lowest level in seven months while recovering from a 10-month-old ascending support line.
USDJPY begins the week on a back foot while declining for the fifth consecutive day to the lowest since early January.
Early Friday, Gold price reverses the previous day’s pullback from a two-week high as traders await the US monthly employment data for July.
EURUSD remains mildly bid around 1.0830 early Thursday as it defends the previous day’s recovery.
USDJPY defends the previous day’s retreat from a three-week-old falling resistance line.
GBPUSD remains pressured after refreshing a three-week low the previous day.
WTI Crude Oil posts more than 1.0% intraday gain early Monday, after declining in the last three consecutive weeks.
Gold consolidates weekly loss while posting a corrective bounce from the lowest level in 13 days as traders await the US Core PCE Price Index for June, also known as the Fed’s favorite inflation gauge.
USDCAD rises for the sixth consecutive day while extending the early-week breakout of a downward-sloping resistance line from mid-April.
USDJPY remains on the bear’s radar after reversing from a seven-month-long support-turned-resistance line and the 50-SMA the last week.
AUDUSD drops to a three-week low early Monday while printing a six-day losing streak as the People’s Bank of China (PBoC) announced a surprise rate cut.
Gold price remains pressured for the third consecutive day while extending the mid-week pullback from an all-time high.
