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The AUD/JPY cross has trimmed its daily gains and trades near 99.90 during European trading hours on Monday. Meanwhile, the Japanese Yen (JPY) faced headwinds
G20 talks drive market sentiment as USD holds firm. Gold struggles to recover while GBP/USD and EUR/USD traders eye major price action.
The EUR/CAD cross attracts some follow-through buying at the start of a new week and looks to build on its recovery from the vicinity of
The NZD/USD pair retraces its recent gains, trading around 0.5850 during the European hours on Monday. A review of the daily chart highlights a growing
The Euro (EUR) is likely to trade in a range between 1.0505 and 1.0585. In the longer run, price action continues to suggest EUR weakness;
Scope for the Pound Sterling (GBP) to edge lower to 1.2590; the major support at 1.2565 is likely out of reach. In the longer run,
And with a slight nudge up today, price is testing the 100-hour moving average (red line) again. The key near-term level is seen at 1.0571
Gold is up over 1% on the day and starting to close back in on testing the $2,600 mark once more. The bounce here comes
