EURUSD bears are hopeful as traders await major central bankers’ debate at the ECB Forum.
USDJPY sustains upside break of a weekly resistance line, now support around 134.85, as bulls brace for the fresh multi-year high.
Gold remains inside a two-week-old symmetrical triangle but the bulls seem running out of steam of late.
EURUSD again bounces off the monthly low as sellers flirt with a horizontal area surrounding multiple levels marked since April.
GBPUSD fades bounce off yearly low as the cable traders await the UK and the US preliminary PMIs for June.
Gold fades bounce off monthly horizontal support ahead of Fed Chair Jerome Powell’s key testimony.
AUDUSD gyrates inside the one-week-old symmetrical triangle after the RBA Minutes and Governor Philip Lowe’s speech.
EURUSD holds onto its bearish bias, despite bouncing off an immediate support line.
A clear downside break of the fortnight-old support line, favored USDJPY bears in the last few days.
GBPUSD fades the corrective pullback from a two-year low, as well as the 61.8% FE level of late March-May moves.
Gold holds onto Monday’s rising wedge confirmation, suggesting further downside despite bouncing off.
EURUSD dribbles around a monthly low after breaking the six-week-old horizontal support. That said, the downward sloping RSI (14) line.
