A bullish triangle joins Thursday’s rebound to lure GBPUSD buyers as markets await the first estimates of the UK Q2 GDP.
EURUSD bears appear running out of steam during the fourth weekly loss. Moreover, the Euro pair seesaws between a three-week-old falling resistance line.
A clear downside break of the 10-month-old rising support line teases the AUDUSD bears as China releases mixed inflation data from July.
Gold Price remains on the back foot but a clear downside break of $1,925 becomes necessary for the bears to take control.
USDJPY jostles with a five-week-old horizontal resistance by slipping beneath monthly horizontal support.
Failure to cross a nine-week-old horizontal resistance drags the Gold price back an upward-sloping support line from late February.
A daily closing beneath the 1.2720 support confluence, now resistance, teases the GBPUSD bears as Bank of England (BoE) policymakers brace for another interest rate hike.
NZDUSD slides beneath a two-month-old rising support line as New Zealand released mixed second-quarter (Q2) employment data.
AUDUSD fades bounce off a three-week low while poking a two-month-old rising support line on the Reserve Bank of Australia (RBA) Interest Rate Decision Day.
EURUSD signals a corrective bounce but the bullish trend remains elusive unless the quote remains below 50-SMA.
USDJPY appears well-set to reverse the previous weekly gains as it reverses from a three-week-old descending resistance line surrounding 141.00.
Gold price remains bullish as markets brace for the European Central Bank (ECB) monetary policy meeting despite the Fed-inflicted volatility.