GBPUSD licks its wounds at the highest level since March 2022 as the overbought RSI line jostles with an upside break of the ascending resistance line.
Gold prices have ended a two-day drop as traders look ahead to the key Jackson Hole Symposium in Wyoming.
EURUSD traders are taking a break at its highest level since July 2023 as they await August PMI data for the Eurozone and the US.
The USDJPY pair is currently recovering from its lowest point in two weeks and breaking a three-day losing streak.
GBPUSD snaps a three-day winning streak by easing from its highest level in a month as the US Dollar licks its wounds at the multi-month low.
EURUSD is bouncing back after a big drop, as traders wait for the University of Michigan’s Consumer Sentiment Index.
Gold has ended a two-day drop by bouncing off its 9-day Exponential Moving Average (EMA) within a symmetrical triangle pattern.
NZDUSD dropped over 1.0% today, making the biggest move among major currencies.
WTI crude oil has ended its four-day rise as prices fall from their highest level since July 19, due to a slow start on Tuesday morning in Asia.
Early Monday, the USDJPY has risen slightly above 147.00 after its first weekly gain in six weeks.
Gold's recent strong performance suggests a positive sentiment among buyers.
EURUSD is seeing its first daily gains in three days as buyers gear up to tackle key resistance levels ahead of upcoming US employment data.
