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.
The GBPUSD saw its first daily gain in three days on Wednesday, bouncing back from the 100-day Simple Moving Average (SMA).
GBPJPY portrays a corrective bounce off the lowest level in seven months while recovering from a 10-month-old ascending support line.
USDJPY begins the week on a back foot while declining for the fifth consecutive day to the lowest since early January.
Early Friday, Gold price reverses the previous day’s pullback from a two-week high as traders await the US monthly employment data for July.
EURUSD remains mildly bid around 1.0830 early Thursday as it defends the previous day’s recovery.