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EURUSD fades bounce off 61.8% Fibonacci retracement of November-January upside as traders eye Congressional testimony
Brent oil’s bounce-off early February low has a bumpy road ahead as 200-SMA joins the previous support line from February 19.
Gold keeps the previous day’s pullback from a multi-day-old resistance line, forming part of the falling wedge bullish chart.
GBPUSD bulls catch a breather below a three-week-old resistance line after cheering the Fed-led run-up the previous day.
EURUSD bears are favored by MACD and weak RSI as global markets prepare for the Fed decision on Wednesday.
Gold heads to the key upside hurdle on the four-hour chart with the US dollar easing ahead of the Fed and bond bears are also catching a breather.
GBPUSD drifts lower during early Monday. The quote fizzles recovery moves from 200-SMA portrayed during the last week amid downbeat RSI and M
Although a one-month-old support line triggered USDCAD bounce off two-week low, the pair isn’t sure of further upside ahead of the Canadian employment data
EURUSD wavers in a choppy range above 1.1900 as the pair traders await ECB's decision.
Gold prints mild losses while taking a U-turn from 10-day SMA during early Wednesday.
AUDUSD wavers around 11-week-old support during early Tuesday, recently bouncing off the monthly low.
Having failed to conquer $72.00 during early 2020, Brent bulls again confront the key hurdle comprising 78.6% Fibonacci retracement level
EURUSD bears cheer downside break of 100-day SMA for the first in over four months.
Gold’s sustained trading below a horizontal area established since May 2020 gained support from Treasury.
GBPUSD prices ahead of the key UK annual budget announcement, up for publishing around 12:30 GMT.