NZDUSD registers the strongest intraday gains in three months after the Reserve Bank of New Zealand (RBNZ) announced plans to tapering bond purchases from late July.
Silver prices remain pressured inside a short-term bearish chart pattern, rising wedge, amid the early Tuesday’s trading.
Brent oil struggles to keep bounce off 200-SMA above $76.00 as sellers attack 50-SMA amid early Monday.
USDCAD struggles to defend a four-day uptrend ahead of the monthly employment data for Canada.
EURUSD bounces off an ascending support line from November 2020 amid oversold RSI during early Thursday.
Gold rises for the fifth straight day even as market sentiment dwindles. In doing so, the yellow metal keeps the previous day’s upside break of 100-DMA amid recovering oscillators.
Despite pouring cold water on the face of monetary policy adjustment hopes, the Reserve Bank of Australia (RBA) manages to keep AUDUSD at the front of the G10 gainers.
Although US traders cheer extended weekend on Monday, UK PM Boris Johnson’s unlock plan details may help GBPUSD to entertain the markets.
Gold extends early week recovery from March tops to poke 50-EMA ahead of the key US employment data.
Although the weekly falling trend line probes Brent oil buyers of late, the commodity prices remain inside an ascending trend channel from May 27.
Gold justifies a downswing from 100-DMA and a 61.8% Fibonacci retracement break around $1,757 during early Wednesday.
Despite bouncing off intraday low, EURUSD remains below immediate hurdles, namely 50-SMA and weekly rising trend line.
Despite failing to cross the previous support line from May 13, AUDUSD holds onto bounce off 50-SMA amid early Monday.
Silver’s first weekly gain in four portrays the metal’s gradual recovery from 200-DMA and 61.8% Fibonacci retracement April-May upside.
Sluggish markets and wobbling Treasury yields keep EURUSD below the key EMA amid a quiet session on early Thursday.