AUDUSD remains pressured inside a two-week-old descending triangle after posting heavy losses in the last week.
USDCAD again fails to remain beyond the 200-DMA, suggesting another attempt in breaking an upward-sloping support line from November 2022, close to 1.3320 at the latest.
GBPUSD portrays a bullish megaphone trend widening formation as the Cable traders await the UK employment report on Tuesday.
A clear downside break of 200-SMA and a six-week-old ascending trend line allowed EURUSD bears to cheer the biggest weekly loss since September 2022.
Gold price eyes the first weekly loss in three as it retreats inside a 15-week-old rising wedge.
After taking out the 1.2580 key resistance, GBPUSD bulls jostle with the 78.6% Fibonacci retracement of its March-September 2022 downturn, around 1.2685.
EURUSD broke a five-week-old ascending support line as US Consumer Price Index (CPI) for April looms.
AUDUSD remains firmer inside an 11-week-old trading range, poking the 100-DMA hurdle of 0.6790 of late.
USDJPY marked the first negative weekly close in four despite Friday’s gains.
Having refreshed a multi-month high on the Federal Reserve’s (Fed) dovish rate hike, the Gold buyers appear running out of steam as markets await the US Nonfarm Payrolls (NFP) data.
EURUSD recently pierced a three-week-old symmetrical triangle as the European Central Bank (ECB) Interest Rate Decision looms.
GBPUSD pauses a two-week uptrend inside a rising wedge bearish chart formation.