The price of gold may continue to track the positive slope in the 50-Day SMA ($3162) as it struggles to close above the moving average.
EUR/USD may continue to track the positive slope in the 50-Day SMA (1.1085) following the failed attempt to close below the moving average.
The price of gold pulls back ahead of the record high ($3500) to keep the Relative Strength Index (RSI) out of overbought territory.
EUR/USD appears to be defending the rebound from the monthly low (1.1266) as it no longer carves a series of lower highs and lows.
The price of gold falls toward 50-Day SMA ($3081) as it snaps the range bound price action from earlier this week.
The price of gold seems to be coiling above the 50-Day SMA ($3042) as it defends the weekly low ($3260).
EUR/USD reverses ahead of the November 2021 high (1.1617) to register a fresh weekly low (1.1308).
EUR/USD gives back the rebound from the weekly low (1.1264) as the European Central Bank (ECB) implements another 25bp rate-cut.
EUR/USD bounces back ahead of the monthly low (1.0778) to clear the 2024 high (1.1214).
The price of gold bounces back ahead of the 50-Day SMA ($2953) to register a fresh weekly high ($3099).
The opening range for April is in focus for EUR/USD as a cup-and-handle formation seems to be taking shape.
EUR/USD declines for the sixth consecutive day as it extends the series of lower highs and lows from last week.
