Technical Analysis: AUDUSD bulls attack monthly hurdle on hawkish RBA

The Reserve Bank of Australia’s (RBA) keeping of September tapering on the table, despite covid woes at home, offered over 40 pips of immediate upside to the AUD/USD pair on the announcement.

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Technical Analysis: Silver bulls seek entries beyond $25.85

Despite bouncing off a four-month low during the last week, silver buyers need validation from the 200-SMA level near $25.85 to retake the controls.

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Brent oil technical analysis July 30
Technical Analysis: Brent oil stays on the way to $76.25 despite recent pullback

Brent oil prices ease from the two-week top during early Friday. However, the British oil benchmark holds onto the three-week-old resistance breakout.

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Technical Analysis: EURUSD heads to 1.1880 key resistance ahead of US GDP

The post-Fed rally of EURUSD pokes a two-week-old resistance line as bulls brace for the preliminary figures of the US Q2 GDP, up for publishing later today.

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Technical Analysis: Gold recovery remains elusive below $1,810, focus on Fed

Although US dollar weakness ahead of the Fed’s verdict put a bid under gold prices, a confluence of 100 and 50-SMA becomes a tough nut to crack for the bulls around $1,807-08.

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