USDCAD stays pressured at the lowest level in a month after breaking a six-week-old horizontal support.
USDJPY defends a two-week uptrend within an ascending trend channel established since early March.
Strong China data and a clear upside break of the 10-day SMA allow AUDUSD buyers to prod the resistance line of a five-week-old descending triangle on early Friday.
EURUSD braces for the first weekly gain in nine as markets await the key European Central Bank (ECB) Interest Rate announcement.
Gold Price again prods the 200-day Exponential Moving Average (EMA) support within a 2.5-month-old falling wedge bullish chart formation.
GBPUSD consolidates losses made in the last three consecutive weeks ahead of the UK’s employment report.
USDJPY begins the week on a negative note while extending a downside gap during the early hours of Monday.
Gold prices may see their first weekly loss in three weeks as they defend a recent U-turn from a key resistance line below important EMAs.
EURUSD braces for the eighth consecutive weekly loss despite the latest hesitance of the bears surrounding the bottom line of the 1.5-month-old descending trend channel.
USDCAD bulls struggle to keep the reins at a five-month high as markets await the all-important Bank of Canada (BoC) Interest Rate Decision.
AUDUSD bulls struggle to hold the forte after posting the first weekly gain in seven on the Reserve Bank of Australia (RBA) Interest Rate Decision Day.
GBPUSD managed to confuse pair sellers last week by defending a one-month-long falling wedge bullish chart pattern despite declining in the later days.