
USD/CAD, GBP/CAD Price Action Hints at a Potential GBP/USD Bounce
USD/CAD shows signs of exhaustion while GBP/CAD retains a bullish structure, providing clues for a potential GBP/USD rebound ahead of US CPI.
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USD/CAD shows signs of exhaustion while GBP/CAD retains a bullish structure, providing clues for a potential GBP/USD rebound ahead of US CPI.

Gold (XAU/USD) shows signs of quiet accumulation above $4,000 despite US dollar strength, with fading bearish momentum and dip buyers eyeing a rebound.

AUD/USD faces a volatile week as Middle East tensions, rising oil prices, RBA minutes, Australian jobs and US CPI test the Aussie's recovery.

Gold bears approach major support around $4,000, while USD/CHF shows signs of a bearish reversal. Middle East tensions add to market uncertainty.

USD/JPY stalls at its 200-day SMA as bullish momentum fades, while AUD/JPY hints at a swing high. Japanese yen reversal risks are building.

USD/CAD retreats from stretched highs as the US dollar rally cools, with softer yields, Canadian trade strength and crude oil in focus.

BOE hike bets are rising as the British pound recovers, with GBP strength most promising against the Australian and Canadian dollars.

AUD/USD enters the week after four straight declines, but softer Fed expectations, stretched positioning and support could slow the selloff.

USD/CHF reverses from channel resistance as bond volatility surges and broad Swiss franc strength points to a possible carry-trade unwind.

USD/JPY and GBP/JPY show signs of stabilising, while AUD/JPY remains vulnerable as yen crosses deliver mixed technical signals.

Crude oil is setting the tone across rates and FX, leaving EUR/USD vulnerable and USD/JPY caught between higher Treasury yields and the growing threat of intervention

AUD/USD faces an expected RBA hike and Australian CPI before attention turns to US PCE, ISM and nonfarm payrolls later in the week.

AUD/USD slumps towards 70c as surging US yields and a stronger dollar overshadow Australian jobs data and the RBA outlook.
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