EURUSD bears appear running out of steam during the fourth weekly loss. Moreover, the Euro pair seesaws between a three-week-old falling resistance line.
A clear downside break of the 10-month-old rising support line teases the AUDUSD bears as China releases mixed inflation data from July.
Gold Price remains on the back foot but a clear downside break of $1,925 becomes necessary for the bears to take control.
USDJPY jostles with a five-week-old horizontal resistance by slipping beneath monthly horizontal support.
Failure to cross a nine-week-old horizontal resistance drags the Gold price back an upward-sloping support line from late February.
A daily closing beneath the 1.2720 support confluence, now resistance, teases the GBPUSD bears as Bank of England (BoE) policymakers brace for another interest rate hike.
NZDUSD slides beneath a two-month-old rising support line as New Zealand released mixed second-quarter (Q2) employment data.
AUDUSD fades bounce off a three-week low while poking a two-month-old rising support line on the Reserve Bank of Australia (RBA) Interest Rate Decision Day.
EURUSD signals a corrective bounce but the bullish trend remains elusive unless the quote remains below 50-SMA.
USDJPY appears well-set to reverse the previous weekly gains as it reverses from a three-week-old descending resistance line surrounding 141.00.
Gold price remains bullish as markets brace for the European Central Bank (ECB) monetary policy meeting despite the Fed-inflicted volatility.
AUDUSD fades bounce off 200-EMA, reversing from a one-week-old falling resistance line, as Australian inflation happened.