Technical Analysis: Multiple supports, oversold RSI question USDCHF sellers near 3-month low

USDCHF bounces off the mid-March bottom while trading around 0.9450 amid the early Thursday The pair seems to take clues from oversold RSI conditions while staying near the short-term key horizontal

Technical Analysis: Multiple supports, oversold RSI question USDCHF sellers near 3-month low
Technical Analysis: Gold prices aim for the monthly resistance line on Fed day

Gold prices seem to pick-up the bids around $1717/18 as broad US dollar weakness ahead of the US Federal Reserve monetary policy meeting favor the yellow metal.

Technical Analysis: Gold prices aim for the monthly resistance line on Fed day
Technical Analysis: AUDUSD steps back from 10-month high amid overbought RSI

With the overbought RSI restricting the fuel for the AUDUSD pair buyers, the quote recedes from the multi-day top.

Technical Analysis: AUDUSD steps back from 10-month high amid overbought RSI
Technical Analysis: Multiple upside barriers to question Brent oil's rise past-$40

Despite trading near a three-month top, Brent oil's further upside becomes doubtful amid multiple resistance and overbought RSI conditions.

Technical Analysis: Multiple upside barriers to question Brent oil's rise past-$40
Technical Analysis: USDJPY confronts key resistance amid overbought RSI on NFP day

Despite successfully trading beyond 200-day SMA, USDJPY is yet to clear the key 109.30/40 resistance area comprising March 20 low and April 06 high In addition to the strong upside barrier

Technical Analysis: USDJPY confronts key resistance amid overbought RSI on NFP day
Technical Analysis: EURUSD steps back from the key horizontal resistance on ECB day

The EURUSD pair's run-up to 12-week top fails to cross the horizontal resistance comprising tops marked on December 31, 2019, and March 16, 2020, amid overbought RSI conditions

Technical Analysis: EURUSD steps back from the key horizontal resistance on ECB day
Technical Analysis: Brent Oil confronts 100-day SMA in a run-up to 12-week top

While extending its gradual recovery from April 22, as portrayed by a six-week-old rising trend line, Brent oil probes the 100-day SMA around $39.50 during the early Wednesday.

Technical Analysis: Brent Oil confronts 100-day SMA in a run-up to 12-week top
Technical Analysis: AUDUSD eases from 7-week-old resistance line

With the RBA's status-quo failing to propel the AUDUSD beyond late-January tops, a short-term rising trend line seems to trigger the pullback moves amid overbought RSI conditions.

Technical Analysis: AUDUSD eases from 7-week-old resistance line
Technical Analysis: GBPUSD clears three-month-old resistance to pierce 1.2400

Having breached a downward sloping trend line from early-March, GBPUSD rises to three-week high above 1.2400 Considering the ability to cross key resistance line, now support, the buyers are

Technical Analysis: GBPUSD clears three-month-old resistance to pierce 1.2400
Technical Analysis: Gold probes short-term resistance line on a key day

With US President Donald Trump set to address a press conference on China, at 18:00 GMT on Friday, safe-havens gained bid on early Friday.

Technical Analysis: Gold probes short-term resistance line on a key day
Technical Analysis: EURUSD probes 200-day EMA ahead of key US data

Despite trading near the highest in eight weeks, EURUSD is yet to cross 200-day EMA on a daily closing basis.

Technical Analysis: EURUSD probes 200-day EMA ahead of key US data
Technical Analysis: 200-day EMA limits AUDUSD pullback from March high

Despite stepping back from the 11-week top during early Wednesday, AUDUSD stays above 200-day EMA while trading around 0.6645. As a result, the bulls remain hopeful inside an ascending channel formation stretched from April 21.

Technical Analysis: 200-day EMA limits AUDUSD pullback from March high
Technical Analysis: USDCHF stays weak inside three-week-old falling channel

While observing the USDCHF pair's early-month pullback from 0.9783 coupled with the previous week's bounce off 0.9637, the quote seems to portray a short-term falling trend channel

Technical Analysis: USDCHF stays weak inside three-week-old falling channel
Technical Analysis: Brent oil buyers again target yearly resistance line inside immediate rising channel

While following a monthly ascending trend channel, the Brent Oil futures again aim to confront a falling trend line from January 05.

Technical Analysis: Brent oil buyers again target yearly resistance line inside immediate rising channel
Technical Analysis: Gold fails to cheer risk-off but bulls remain hopeful above $1693

While the global financial markets witness full-fledged risk aversion on early Friday, Gold fails to justify its safe-haven appeal The reason is the US dollar's broad strength that goes against the

Technical Analysis: Gold fails to cheer risk-off but bulls remain hopeful above $1693