Technical Analysis
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.
EURUSD struggles to defend the previous week’s rebound from a yearly low.
GBPUSD bears take a breather after a two-week downtrend as the quote bounces off the lowest level since mid-November 2023.
EURUSD extends the previous day’s pullback from a four-month-old support-turned-resistance.
AUDUSD prints mild gains around mid-0.6400s despite mixed outcomes of the Aussie employment report.
GBPUSD traders lick their wounds at the lowest level in five months early Wednesday as the monthly UK inflation data.