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EURUSD bears are hopeful to visit a 20-pip horizontal region comprising March 2020 peak and June 2020 trough.
Brent oil’s bounce off a two-month low the previous day, the black gold remains pressured towards re-testing the 100-day EMA level.
Gold’s pullback from the yearly resistance gains supports from RSI retreat, suggesting further weakness in prices.
GBPUSD’s gradual rebound from the yearly low is at test ahead of the UK Retail Sales as the pair portrays a bearish chart pattern.
NZDUSD goes towards confirming falling wedge bullish formation, extending run-up towards the 200-SMA level of 0.7070.
The broad US dollar strength could be well witnessed on the EURUSD chart that prints the lowest level since July 2020.
Gold buyers battle the yearly resistance line heading into the US Retail Sales release for October.
GBPUSD also cheers US dollar pullback to bounce off yearly low during early Monday.
Brent oil fades bounce off 61.8% Fibonacci retracement (Fibo.) level of September-October upside
GBPUSD posts a corrective pullback from the yearly low of around 1.3425 ahead of the UK data dump, comprising preliminary readings of the UK Q3 GDP.
EURUSD defies a three-day recovery ahead of the key US Consumer Price Index (CPI) data on early Wednesday.
Gold fades upside momentum after refreshing a two-month high on early Tuesday.
USDCAD pair remains above four-month-old horizontal support despite failing to cross a convergence of the 200-SMA and a 50% Fibonacci retracement.
EURUSD bears are on the way to testing the March 2020 high near the 1.1500 threshold
GBPUSD bears retake controls on the key Thursday comprising Bank of England (BOE) monetary policy meeting and important Brexit talks in Paris.