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.
EURUSD’s break of a six-month-old ascending support line, as well as poking of the 200-day EMA.
AUDUSD remains on the bear’s side after breaking the key support line in the last week.
USDCHF fades upside momentum, after witnessing a three-week uptrend.
GBPUSD marked a three-week downtrend while closing below the 50-DMA, as well as an eight-month-old ascending support line.
Gold braces for the third consecutive weekly loss as it challenges a six-month-old bullish trend channel formation.
A gradual shrinking of EURUSD upside moves prints a six-month-old rising wedge bearish chart pattern, currently between 1.1120 and 1.0690.
NZDUSD fails to justify the RBNZ’s 0.25% rate hike as it drops the most in a week after the Interest Rate Decision.
After repeated failures to cross the 100-DMA, the AUDUSD pair again attacks an 11-week-long ascending support line.
NZDUSD managed to ignore the US Dollar strength in the last week amid hawkish expectations from the RBNZ.