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USDJPY remains under bearish pressure on the Daily timeframe following a sharp rejection from the 163.70–164.00 area.
Gold (XAUUSD) remains in an important corrective phase on the H4 timeframe after the market experienced a sharp decline from the recent high around the 4670–4680 area.
AUDUSD continues to maintain a bullish Elliott Wave structure on the Weekly timeframe.
The EURUSD H4 chart shows a developing bullish Elliott Wave structure following the completion of a significant corrective decline.
Financial markets were shaped by a busy week of economic data, central bank decisions, and corporate earnings.
Markets face a busy week of high-impact economic events, with central bank policy, inflation, employment, growth and energy data all in focus.
Gold (XAUUSD) is currently showing signs of a potential recovery after experiencing a sharp corrective decline from the recent high area.
Gold (XAUUSD) on the H4 timeframe is showing signs of a significant corrective phase following the strong bullish advance seen throughout August.