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After a few weeks of steady losses, gold prices now find themselves sitting on a key rising trendline from February. Will a breakout lower mark the beginning of a broader bearish bias?
While the British Pound appears to be stabilizing against the US Dollar after a Hammer candlestick, the 4-hour timeframe shows that Descending Channel price action remains in play.
Natural gas still maintains a broader neutral technical bias, but near-term price action is starting to look increasingly bearish. What are key levels to watch for in the week ahead?
The Euro is on the verge of confirming a key downside breakout against the US Dollar. But, be wary of fading momentum on the 4-hour chart heading into the remainder of the week.
The Japanese Yen is once again under pressure from the US Dollar in the aftermath of the BoJ. USD/JPY might be readying to resume the broader upside focus. What are key levels ahead?