EURUSD stays on the back foot ever since it reversed from a multi-month high the last week, despite the latest corrective bounce.
GBPUSD marked the first weekly loss in three while slipping beneath the 100-SMA and an upward-sloping support trend line stretched from late June.
EURUSD remains on the buyer’s radar despite the latest retreat as the key event remain on the docket to shake the markets next week.
AUDUSD remains on the front foot while printing the first daily gains in five after strong Australian employment data.
GBPUSD extends pullback from a 15-month high, marked the last week, as it awaits the UK’s headline inflation data for June.
Gold price reverses the previous week’s retreat from an eight-week-old descending resistance line, grinding higher past the 100-bar Exponential Moving Average (EMA).
USDJPY dropped in the last two consecutive weeks but ended Friday on a positive note.
Pullback moves remain elusive unless the EURUSD remains firmer past the previous resistance line from February, near 1.1180.
Gold price rises to the highest level in a month after crossing a convergence of the 200-SMA and a six-week-old descending trend line.
NZDUSD jumps to a three-week high while piercing the 200-EMA.
GBPUSD printed the first weekly gain in three after the US Dollar’s fall post-NFP.
AUDUSD’s previous weekly gain appears a one-off affair unless the US inflation signals keep softening.