GBPUSD stays near the two-year low, despite the post-Fed rebound, as cable traders brace for the Bank of England’s (BOE) 0.25% rate hike.
EURUSD holds onto the one-week-old sideways grind ahead of the key Federal Open Market Committee (FOMC).
On Friday, silver prices closed at the lowest levels last seen during early February while portraying a seven-day downtrend.
USDCAD refreshed a seven-year high on Thursday before reversing from a downward sloping trend line from December 2021.
Gold sellers cheer firmer US dollar and a sustained break of the three-month-old ascending trend line at the lowest levels in nine weeks ahead of the key US Q1 2022 GDP data.
AUDUSD rebounds from a two-month low, also snapping a four-day downtrend, by cheering a strong quarterly inflation data at home.
EURUSD prices remain above a five-month-old downward sloping support line.
GBPUSD extends pullback from 1.3090 ahead of the key UK data, as well as a speech from the BOE Governor Andrew Bailey, during early Friday.
Gold prices fail to reject the rising wedge bearish chart pattern confirmation portrayed on Tuesday.
EURUSD licks its wounds around a two-year low during a cautiously optimistic Asian session on Wednesday.
USDCHF prints a five-day uptrend to refresh the yearly high at around 0.9460. The pair’s latest upswing took place from the 21-DMA and monthly support line.
AUDUSD renews its monthly low during early Monday as mixed data from the biggest customer China joins the risk-off mood.