Page 21 - Moving Average News Today

The EUR/USD pair traded uneventfully around the 1.0900 figure throughout the first half of the day, awaiting critical first-tier news.

Gold remains confined within familiar levels on Thursday despite resurgent US Dollar demand following first-tier news.

The 4-hour chart of XAU/USD indicates that the price climbed above the 50% Fib retracement level of the downward move from the $2,062 swing high to the $2,001 low. However, the bears are still active near the $2,040 zone.

The retracement in the crypto market continues today with a 3.3% decline, moving the total market cap to $1.64 trillion.

The EUR/USD pair flirts with the 1.0900 threshold ahead of Wall Street’s opening as a better market mood plays against the US Dollar.

The US Dollar surged in the American session, driving XAU/USD down to $2,011.72, a fresh weekly low.

The EUR/USD pair trades at the lower end of its weekly range as the US Dollar gathers strength mid-European morning.

USD/MXN reversed after briefly testing the 200-Day Moving Average (DMA).

BMY has pulled back to two historically bearish trendlines

The US Dollar (USD) sees its gains in the runup to the Richmond Manufacturing numbers being partially erased with yet another miss on estimates. Markets meanwhile are having difficulties with the Bank of Japan (BoJ) rate decision this Tuesday.