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Euro surged more than 4.2% off the yearly lows against the Dollar with EUR/USD now eyeing technical downtrend resistance. The levels that matter on the weekly chart.
S&P 500 marked an outside-day reversal yesterday with the index plunging back into the yearly lows- levels to know. The technicals that matter on the SPX500 charts.
It was another strong week for the US Dollar, putting in its sixth consecutive week of gains as EUR/USD, GBP/USD and AUD/USD all fell to fresh lows.
Gold prices collapsed for a fourth consecutive week with the plunge now attempting a break of key technical support. The levels that matter on the XAU/USD weekly chart.
Gold prices may fall below confluent support on tonight's US inflation data. A drop below the 200-day SMA and trendline support may see prices hit the 2022 low.