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AUDUSD portrays sluggish sentiment on Tuesday but the US dollar weakness propels the quote towards the upper line of a short-term triangle.
GBPUSD struggles for a clear direction inside a rising wedge bearish chart pattern on early Monday.
Brent oil traders defend $65.00 during early Friday, snapping a three-day downtrend.
EURUSD bounces off a three-day low after the FOMC minutes unearthed Fed tapering chatters and portrayed the heaviest daily losses in a week the previous da
Gold prices remain sidelined near the upper band of an ascending trend channel from March-end amid overbought RSI.
GBPUSD pair’s sustained break above the previous high of the month.
China’s downbeat Retail Sales and Industrial Production joined the sluggish sentiment to weigh on AUDUSD during early Monday.
The latest gold recovery moves toward a short-term resistance line near $1,835. Bears should wait until $1,797 breakdown happens.
EURUSD stays above the key support line from March 31. Considering the RSI bounce off oversold levels, the pair buyers are likely saved for now.
GBPUSD struggles amid the US dollar rebound and portrays a rounding bottom bullish chart formation. The US Consumer Price Index is awaited.
Brent oil shows bearish sentiment staying below a fortnight-old support line. The sellers are well-directed towards monthly support line, near $66.90.
AUDUSD crossed a four-month-old key hurdle and is moving to 0.8000 providing good bull opportunities.
Gold prices are likely to remain firm but markets await the US Nonfarm Payrolls to see how the gold will move further.
BOE Thursday is the key day for GBPUSD. It is likely to keep the uptrend though any disappointment will have larger repercussions.
NZDUSD is expected to further move upside towards a two-week-old horizontal resistance area around 0.7220.