Technical Analysis
EURUSD pares the biggest daily gains of the week while posting mild losses early Friday.
GBPUSD stays defensive at the lowest level in a week, snapping a two-day losing streak.
Gold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend.
On Tuesday, the RBA kept its monetary policy unchanged and dragged the AUDUSD pair back from an intraday high.
USDJPY bounces off a one-month low to snap a three-day winning streak early Monday
Gold price brace for the second consecutive weekly loss despite downbeat US Dollar performance.
GBPUSD grinds higher past 50% Fibonacci retracement of October 2023 to March 2024 upside.
EURUSD remains pressured at the lowest level in a week, extending the late April’s retreat from 20-SMA.
A mixed bag of Japan statistics triggered the USDJPY pair’s fresh run-up early Tuesday.
AUDUSD remains on the front foot at the highest level in nearly a fortnight, after jumping the most on a week since December 2023.
USDJPY prints a three-day winning streak while rising to a fresh high since 1990.
Gold price portrays a four-day losing streak as market players brace for the first readings of the US Q1 2024 GDP.
AUDUSD rises to the highest level in a week, up for the third consecutive day.