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Technical Analysis

USDJPY eases within the bullish channel, sellers need validation from 159.00

USDJPY defends the previous day’s retreat from a two-month high as traders await Tuesday’s US Confederation Board’s (CB) Consumer Confidence figures for June.

Impending “Death Cross” lures Crude Oil sellers

Crude Oil struggles to defend the previous two-week uptrend early Monday, after reversing from a seven-week high on Friday.

Gold braces for consecutive second weekly gain, focus on $2,390

Gold price seesaws at the highest level in a fortnight early Friday, after rising the most in five weeks the previous day.

EURUSD fades bounce off key support line as full markets return

EURUSD lacks clear directions early Thursday after rising in the last three consecutive days.

GBPUSD stays on bear’s radar ahead of UK inflation, BoE

GBPUSD stays defensive after recovering from a one-month low in the last two days.

WTI Crude Oil’s pullback appears elusive beyond $78.00

WTI crude oil pares the biggest daily gain in a week while posting mild losses near $79.50 early Tuesday.

USDJPY pokes key resistance amid mixed market, light calendar

USDJPY struggles to defend a two-day winning streak and the weekly gains while jostling with a seven-week-old symmetrical triangle’s resistance line early Monday.

Crude Oil buyers brace for a bumpy road ahead, focus on $79.50

WTI Crude Oil picks up bids to reverse the previous day’s retreat from a seven-week-old falling resistance line.

Gold snaps three-day uptrend, impending “Death Cross” keeps sellers hopeful

The US Federal Reserve’s (Fed) hawkish halt failed to impress the US Dollar buyers as softer inflation data raised doubts.

EURUSD traders should focus on 1.0790, US inflation, and Fed meeting

EURUSD licks its wounds at the lowest level in six weeks as the pair traders await the US Consumer Price Index (CPI) for May.

GBPUSD defends week-start recovery as UK employment data looms

GBPUSD stays defensive above 1.2700 as traders await the UK’s monthly employment data early Tuesday.

USDJPY approaches key upside hurdle as Fed, BoJ week begins

USDJPY extends Friday’s recovery from the 50-SMA while rising toward a six-week-old descending resistance ahead.

“Golden Cross” directs Gold buyers toward $2,400 as US NFP looms

Gold braces for the first weekly gain in three even as it seesaws at the highest level in a fortnight early Friday.