Be it a clear rejection of a one-month-old bullish channel or sustained trading below the key SMAs, not to forget dovish RBA, AUDUSD has it all to convince bears.
USDJPY reverses the early-month losses by keeping the bounce off a nine-week-old ascending support line.
Be it the Doji candlestick just beneath the 10-week-old ascending resistance line or the overbought RSI (14), Gold Price flashes clear signs of bullish exhaustion.
EURUSD extends the previous day’s pullback from a seven-week-old ascending resistance line as it pares the weekly gains.
NZDUSD extends the early March’s bearish consolidation inside a three-week-old ascending trend channel as RBNZ announces the 11th consecutive rate increase
AUDUSD stays within a three-week-old bullish channel, poking the upside hurdle, on the RBA day.
USDJPY marked the first weekly gain in five while luring bulls to cross the 100-bar Exponential Moving Average (EMA).
EURUSD braces for the biggest weekly gains since early January even as it eases from a 2.5-month-old horizontal resistance area.
Gold price seesaws around the top line of a five-month-old bullish channel, recently supported by the 10-day EMA
Following its bounce off YTD low, the AUDUSD pair crossed an important resistance line from early February, now support
USDJPY struggles to defend the first positive week in five, grinding lower inside a falling wedge bullish chart formation.
GBPUSD confirmed a rising wedge bearish chart pattern on Friday, despite posting another weekly gain and marking an intraday run-up of late.