Gold Price breaks a month-old bearish channel towards the south and suggests further downside past the latest three-month low surrounding $1,920.
GBPUSD dropped in the last three consecutive days and is on the way to posting the first weekly loss in four, despite the latest rebound.
EURUSD pares the biggest weekly gain since early January ever since it reversed from the monthly high on Friday.
AUDUSD prods three-week uptrend after RBA Minutes and PBOC rate cut impresses bearish ahead of Fed Chair Powell’s Testimony.
USDCHF eyes another visit to the yearly low, after a two-week downtrend, as it braces for the Swiss National Bank (SNB) Interest Rate Decision.
Be it the triangle breakout or the Bank of Japan (BoJ) officials’ dovish signals ahead of the monetary policy announcements.
EURUSD defends recovery from 200-EMA, as well as stays above the 50-EMA hurdle, as markets prepare for the ECB.
Gold again bounces off the 100-DMA after five consecutive attempts to break an important moving average that has been pushing back bears since late May.
GBPUSD extends the week-start retreat from a one-month high, after posting a two-week upside, as it braces for the UK employment numbers on Tuesday.
AUDUSD marked the biggest weekly gain since early November 2022, not to forget mentioning the second in a row, backed by RBA’s hawkish surprise.
the Gold buyers appear running out of steam as the metal stays within a three-week-old bearish triangle.
USDJPY remains on the way to posting the second consecutive weekly loss after reversing from the yearly top in the last week.