Technical Analysis: Gold bears can keep the hopes below $1,871

Gold prices are yet to regain the previous bullish momentum. Not only that, but the yellow metal's extended weakness under 200-SMA.

Technical Analysis: Gold bears can keep the hopes below $1,871
Technical Analysis: EURUSD bulls flex muscles near April 2018 high ahead of US NFP

EURUSD prints a four-day uptrend while probing the multi-month top flashed the previous day.

Technical Analysis: EURUSD bulls flex muscles near April 2018 high ahead of US NFP
Technical Analysis: USDCAD buyers should look for entries as bears struggle around 1.2900

Not only the support line of a five-week-old falling wedge but the short-term channel's lower line also challenges USDCAD bears off-late With the RSI and MACD both suggesting weakness in the

Technical Analysis: USDCAD buyers should look for entries as bears struggle around 1.2900
Technical Analysis: GBPUSD bulls seem tired inside rising wedge, Brexit blow can recall the bears

GBPUSD consolidates the biggest gains in three weeks above 1.3400 during early Wednesday While cheered US Dollar weakness the previous day, the Cable buyers are likely cautious amid on-going Brexit

Technical Analysis: GBPUSD bulls seem tired inside rising wedge, Brexit blow can recall the bears
Technical Analysis: AUDUSD extend bounce off monthly support on market optimism, RBA's status quo

In addition to the covid vaccine hopes and expectations of US stimulus but the RBA's cautious optimism concerning the inflation and employment data at home also favor the AUDUSD bulls on Tuesday

Technical Analysis: AUDUSD extend bounce off monthly support on market optimism, RBA's status quo
Technical Analysis: Gold drops to fresh five-month low inside falling channel

Having failed to clear a three-week-old support-turned-resistance, gold prices trade near the fresh multi-day low below $1,800 Although a seven-day-long falling channel keeps the bullion sellers

Technical Analysis: Gold drops to fresh five-month low inside falling channel
Technical Analysis: USDJPY sellers eye three-week-old support line

A sustained reversal from 200-SMA, coupled with the fresh risk-on mood and the US dollar weakness, directs the USDJPY sellers towards a short-term support line stretched from November 06 during the

Technical Analysis: USDJPY sellers eye three-week-old support line
Technical Analysis: AUDUSD bulls seem tired near multi-day high

AUDUSD eases from two-week-old rising trend line amid nearly overbought RSI during the early Thursday In doing so, the quote steps back from the highest since September 02 while eyeing the revisit

Technical Analysis: AUDUSD bulls seem tired near multi-day high
Technical Analysis: EURUSD eyes further upside ahead of US GDP, FOMC minutes

Although the weekly resistance line keeps hammering the EURUSD bulls, upbeat RSI and MACD conditions join the pair's sustained trading above 100-SMA to favor forecasts of further upside

Technical Analysis: EURUSD eyes further upside ahead of US GDP, FOMC minutes
Technical Analysis: Gold refreshes multi-month low, early-July top in focus

Gold sellers attack 61.8% Fibonacci retracement of June-August upside having slipped beneath September lows.

Technical Analysis: Gold refreshes multi-month low, early-July top in focus
Technical Analysis: GBPUSD pierces 11-week-old horizontal resistance ahead of UK PMIs

With the cautious optimism surrounding Brexit and the coronavirus (COVID-19) vaccine favoring the USD weakness, GBPUSD crosses the key upside hurdle while extending the uptrend beyond 1.3315/20 key

Technical Analysis: GBPUSD pierces 11-week-old horizontal resistance ahead of UK PMIs
Technical Analysis: Brent oil sellers can look for entries only below $41.30

Although a short-term symmetrical triangle restricts Brent oil's move off-late, upbeat RSI and MSCD signals keep the commodity buyer-friendly unless breaking a confluence of 100-SMA and 18-day-old

Technical Analysis: Brent oil sellers can look for entries only below $41.30
Technical Analysis: Risk aversion, falling channel direct USDJPY sellers toward 103.00

Be it covid resurgence in the US, Europe and Japan or the 'five eyes' attacking China's Hong Kong crackdown, not to forget Brexit woes, everything weighs on the risks and drags the USDJPY

Technical Analysis: Risk aversion, falling channel direct USDJPY sellers toward 103.00
Technical Analysis: Bearish flag on 4H keeps Gold sellers hopeful below $1,900

Gold prices nurse November 09 losses while portraying a short-term ascending trend channel afterward The moves, considered together, print a bearish flag formation on the four-hour chart

Technical Analysis: Bearish flag on 4H keeps Gold sellers hopeful below $1,900
Technical Analysis: GBPUSD gears up for monthly top beyond 1.3300

With the recently increasing odds of a soft Brexit, GBPUSD extends pullback from the monthly support line, towards challenging Monday's top above 1.3200

Technical Analysis: GBPUSD gears up for monthly top beyond 1.3300