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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.
Brent oil sees further downside after confirming short-term rising wedge bearish chart pattern the last week.
USDCAD bears are yet to provide a convincing sign of return despite Friday’s heavy fall.
GBPUSD bulls cheer clear upside break of 50-DMA to poke six-week top, amid bullish MACD signals
Gold prices conquered a two-week-long ascending support line. The bearish impulse takes clues from downbeat MACD signals.
EURUSD seesaws around 200-SMA inside a six-week-old symmetrical triangle, suggesting the buyer’s return.
GBPUSD bulls fail to cheer a clear upside break of the monthly horizontal resistance, now support, as the 50-DMA challenges immediate upside.
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.
EURUSD remains within a small trading range ever since it refreshed the yearly low to 1.1186.
Sustained trading below the 200-SMA and monthly horizontal resistance keep gold sellers hopeful as markets brace for the last data dose ahead of Christmas fever.
The GBPUSD pair’s failure to cross a five-week-old ascending trend line, not to forget 200-SMA, keeps sellers hopeful.
Brent oil sellers cheer a clear downside break of 200-DMA and 50% Fibonacci retracement of March-October upside around 13-day low.
USDCAD posted the highest daily close of 2021 on Friday, bouncing off 10-day EMA.
RBA towards a rate hike, favoring AUDUSD prices to consolidate losses posted since late October.
EURUSD traders cautious inside a short-term symmetrical triangle ahead of the ECB monetary policy meeting.