Gold refreshed its monthly high as strong US inflation underpins the safe-haven demand for the metal.
EURUSD fades Friday’s rebound ahead of the key US Consumer Price Index (CPI) data for March.
AUDUSD bears have a tough time keeping the reins with the oversold RSI conditions.
Gold prices have been in a choppy range between $1,915 and $1,950 since the start of April.
A one-month-old horizontal area probes EURUSD bears amid oversold RSI conditions, portraying a corrective pullback towards the late March low near 1.0945.
AUDUSD failed to provide a daily closing beyond the monthly resistance line, around 0.7600 by the press time.
GBPUSD struggles to defend 1.3100 inside a one-week-old symmetrical triangle.
USDJPY has it all to revisit the multi-year top poked during late March.
Gold struggles to defend Thursday’s daily closing the 21-DMA, the first in two weeks. Even so, firmer RSI.
EURUSD’s corrective pullback remains below 21-DMA, as well as a two-week-old ascending trend line
Gold has already printed a bear cross but the 200-SMA has been defending bulls so far, suggesting a tough fight between the buyers and sellers.
GBPUSD’s sustained break of the one-month-old horizontal resistance, near 1.3265-70, keeps buyers hopeful ahead of the UK CPI data for February.