Gold recovers from a seven-month-old amid an oversold RSI (14) and failure to break the weekly horizontal support surrounding $1,815.
GBPUSD remains pressured at the lowest level in seven months as the Cable traders await final prints of the UK S&P Global/CIPS PMIs for September.
AUDUSD is trading near 0.6335, close to its yearly low following the Reserve Bank of Australia's decision to keep its cash rate unchanged, in line with expectations.
USDJPY extends Friday’s rebound from the nine-week-old rising support line while printing the fresh high of the year 2023.
EURUSD pares weekly losses ahead of the key inflation data from the Eurozone and the US.
Gold licks its wounds at the lowest level in more than six months after falling the most since late July the previous day.
AUDUSD breaks a three-week-old rising support line despite upbeat Australian inflation data.
GBPUSD stays depressed at the six-month low even as bears struggle with a horizontal area comprising multiple levels marked since early February.
USDJPY stays defensive at an 11-month high as market players await this week’s key Japan inflation data.
Gold price bounces off a one-week-old rising support line within a symmetrical triangle comprising levels marked since late July.
GBPUSD extends losses, hitting a 5.5-month low, breaching the 200-day SMA, and testing the 61.8% Fibonacci retracement from March to July.
EURUSD retreats from recent rebound as investors prepare for the US Federal Reserve's monetary policy update this Wednesday.
