Technical Analysis: USDCAD sellers attack 1.2450 key support ahead of Canadian CPI

Although USDCAD buyers keep lurking around an upward sloping trend line from June, failures to stay decisively above the 200-DMA keep sellers hopeful of breaking the 1.2450 support.

Technical Analysis: GBPUSD bears look for entries with eyes on UK employment data

Having reversed from the late October tops, GBPUSD pokes the key support lines around the mid-1.3600s.

Technical Analysis: AUDUSD eyes further downside, monthly support line in focus

AUDUSD justifies a bearish candlestick formation, namely Gravestone Doji, to post the biggest daily losses in a fortnight the previous day.

Technical Analysis: EURUSD rebound needs to stay beyond 1.1385 to convince bulls

EURUSD extends the run-up beyond 200-SMA to cross a two-month-old horizontal area surrounding 1.1385 post-US inflation data.

Technical Analysis: Gold buyers tighten grips ahead of US inflation data

Gold keeps the bounce off 23.6% Fibonacci retracement of November-December fall to cross the 100-SMA surrounding $1,805

Technical Analysis: “Head and Shoulders” on 4H keeps USDCAD bears hopeful

USDCAD traders to a decisive point with a “Head and Shoulders” bearish chart pattern luring sellers.

Technical Analysis: Gold stays directed towards $1,760 ahead of US NFP

Gold broke the key support around $1,795 comprising 200-SMA and a 13-day-old ascending trend line.

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Technical Analysis: GBPUSD must stay above 1.3555 to keep bulls on the table

GBPUSD keeps the 50-DMA breakout to battle the 100-DMA as traders await final readings of UK Services PMI for December.

Technical Analysis: EURUSD bears eye 1.1260 key support ahead of US ADP, FOMC Minutes

EURUSD dropped beneath the 20-DMA and made seller’s way clear for a battle with a six-week-old support line, around 1.1260.

Technical Analysis: Brent oil stays softer ahead of OPEC+ JTC, US ISM PMI

Brent oil sees further downside after confirming short-term rising wedge bearish chart pattern the last week.

Technical Analysis: USDCAD bears have miles to go before retaking controls

USDCAD bears are yet to provide a convincing sign of return despite Friday’s heavy fall.

Technical Analysis: GBPUSD bulls are at test on the final day of 2021

GBPUSD bulls cheer clear upside break of 50-DMA to poke six-week top, amid bullish MACD signals

Technical Analysis: Gold bears eye $1,764 on fortnight-old support break

Gold prices conquered a two-week-long ascending support line. The bearish impulse takes clues from downbeat MACD signals.

Technical Analysis: EURUSD pierces 200-SMA but 1.1350 holds the gate for bulls

EURUSD seesaws around 200-SMA inside a six-week-old symmetrical triangle, suggesting the buyer’s return.

Technical Analysis: GBPUSD battles 50-DMA but bearish trend persists

GBPUSD bulls fail to cheer a clear upside break of the monthly horizontal resistance, now support, as the 50-DMA challenges immediate upside.

Technical Analysis: Six-week-old support line, 200-SMA test USDCAD bears

USDCAD sellers cheer a rising wedge bearish pattern confirmation at the yearly top amid downbeat MACD and RSI signals to keep the reins during the last days of 2021.