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.
USDCAD’s rebound from a weekly low fails to cross the 200-SMA hurdle amid a holiday-thinned trading session on Friday.
AUDUSD keeps the bounce off 200-SMA despite mixed jobs report as market sentiment improves during early Thursday in Asia.
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.