USDCHF eyes another visit to the yearly low, after a two-week downtrend, as it braces for the Swiss National Bank (SNB) Interest Rate Decision.
Be it the triangle breakout or the Bank of Japan (BoJ) officials’ dovish signals ahead of the monetary policy announcements.
EURUSD defends recovery from 200-EMA, as well as stays above the 50-EMA hurdle, as markets prepare for the ECB.
Gold again bounces off the 100-DMA after five consecutive attempts to break an important moving average that has been pushing back bears since late May.
GBPUSD extends the week-start retreat from a one-month high, after posting a two-week upside, as it braces for the UK employment numbers on Tuesday.
AUDUSD marked the biggest weekly gain since early November 2022, not to forget mentioning the second in a row, backed by RBA’s hawkish surprise.
the Gold buyers appear running out of steam as the metal stays within a three-week-old bearish triangle.
USDJPY remains on the way to posting the second consecutive weekly loss after reversing from the yearly top in the last week.
USDCAD remains unimpressive after breaking a seven-week-old horizontal support zone the previous day.
AUDUSD struggles to defend the previous weekly rebound from the yearly low as traders await the Reserve Bank of Australia’s (RBA) monetary policy decision.
EURUSD’s failure to cheer the US Dollar’s first weekly loss in four appears less positive for the pair bears.
Gold price extends rebound from an 11-week-old horizontal support zone, as well as the 100-DMA, as it approaches the 50-DMA hurdle surrounding $1,992.
