Softer prints of the Eurozone inflation joined the overall risk-off mood and slightly upbeat US data to drag the EURUSD pair down on Tuesday.
USDJPY bounces off 200-SMA while testing the previous day’s rising wedge confirmation as Yen traders respond to the Bank of Japan’s (BoJ) inaction.
AUDUSD prints a three-day winning streak on upbeat Australia Retail Sales for September.
Gold Price rises to the highest level in three months on early Friday amid a softer US Dollar and mixed sentiment.
AUDUSD continues its decline from the weekly peak, heading towards the lower boundary of a three-week descending triangle near 0.6285
GBPUSD prints mild losses below 1.2200 during early Wednesday as market players await the UK inflation data.
EURUSD stays within a three-month-old bearish trend channel despite rising the most in October the previous day.
Brent oil buyers pause following their largest daily increase in six months, with overbought conditions reflected in the RSI (14) prompting a pullback.
Gold Price reverses the post-US inflation retreat from a two-week high as market players await more consumer-centric details on early Friday.
GBPUSD seesaws at a three-week high ahead of the UK data dump, probing a six-day winning streak.
EURUSD bulls struggle at a weekly high while waiting for inflation clues from Germany and the US, as well as the Fed Minutes, on Wednesday.
USDJPY began the trading week on a back foot within a two-month-old rising wedge bearish chart formation.