GBPUSD stays depressed at the six-month low even as bears struggle with a horizontal area comprising multiple levels marked since early February.
USDJPY stays defensive at an 11-month high as market players await this week’s key Japan inflation data.
Gold price bounces off a one-week-old rising support line within a symmetrical triangle comprising levels marked since late July.
GBPUSD extends losses, hitting a 5.5-month low, breaching the 200-day SMA, and testing the 61.8% Fibonacci retracement from March to July.
EURUSD retreats from recent rebound as investors prepare for the US Federal Reserve's monetary policy update this Wednesday.
USDCAD stays pressured at the lowest level in a month after breaking a six-week-old horizontal support.
USDJPY defends a two-week uptrend within an ascending trend channel established since early March.
Strong China data and a clear upside break of the 10-day SMA allow AUDUSD buyers to prod the resistance line of a five-week-old descending triangle on early Friday.
EURUSD braces for the first weekly gain in nine as markets await the key European Central Bank (ECB) Interest Rate announcement.
Gold Price again prods the 200-day Exponential Moving Average (EMA) support within a 2.5-month-old falling wedge bullish chart formation.
GBPUSD consolidates losses made in the last three consecutive weeks ahead of the UK’s employment report.
USDJPY begins the week on a negative note while extending a downside gap during the early hours of Monday.
