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.
After defying a three-week losing streak, the NZDUSD pair grinds higher as traders brace for Wednesday’s New Zealand quarterly employment numbers.
AUDUSD marked negative closings in the last two consecutive weeks ahead of the Reserve Bank of Australia’s (RBA) monetary policy decision.
Repeated attempts to mark a downside break of the $1,980-79 support confluence comprising a fortnight-old symmetrical triangle.
