Friday’s US jobs report finally offered the much-needed bounce to the USDCAD pair.
EURUSD bulls seem to run out of steam despite the nearly overbought RSI (14).
Gold price is bouncing off $1,900 although still keeping buyers pleased and getting on the bears' radar.
AUDUSD stays pressured after a short pause making a pullback from the previous 9-month high.
NZDUSD upside appears limited as the key week begins influenced by New Zealand’s quarterly jobs report and the FED monetary policy meeting.
Better-than-expected US growth numbers triggered the much-awaited pullback in the EURUSD prices from the eight-month high.
Gold tries its best to stay on the bull's radar, while traders await the key advance US GDP for Q4 2022.
USDCAD are expecting a 1.3250 strong support on the day of the the Bank of Canada (BoC) interest rate decision.
Despite a soft start, GBPUSD managed to regain upside momentum.
USDJPY refreshes its multi months low. The currency is posted to make the biggest gain as well.
EURUSD pair’s upside bias, despite multiple failures to cross the 1.0880 horizontal hurdle in the last week.
Despite the AUDUSD pair’s south-run on the downbeat Aussie jobs report, the pair trades successfully.
USDJPY pair remains on the bear’s radar as it is yet to cross a four-month-long descending trend line resistance.