Technical Analysis: EURUSD traders have a tough road to the north ahead of Fed

Although Joe Biden's nearness to the US presidency weighs on the US dollar off-late, multiple upside barriers probe the EURUSD bulls ahead of the Federal Reserve's (Fed) monetary policy meeting

Technical Analysis: EURUSD traders have a tough road to the north ahead of Fed
Technical Analysis: Gold sellers return even as US election polls blue wave hopes

The US dollar's gains weigh on the gold amid the initial updates. In doing so, the bullion steps back from a two-month-old falling trend line.

Technical Analysis: Gold sellers return even as US election polls blue wave hopes
Technical Analysis: AUDUSD keeps pullback from 100-day EMA on RBA-led bearish move

Although RBA couldn't please bears much, despite offering a 0.15% rate cut and A$100 billion QE, AUDUSD marks fourth U-turn from 100-day EMA While global markets are closing watching over the US

Technical Analysis: AUDUSD keeps pullback from 100-day EMA on RBA-led bearish move
Technical Analysis: Bumpy road for GBPUSD sellers ahead of 1.2865

Despite Brexit optimism, GBPUSD fails to defy the weakness portrayed from October 21 as the second lockdown in England rekindles fears of a double-dip recession

Technical Analysis: Bumpy road for GBPUSD sellers ahead of 1.2865
Technical Analysis: Brent breaks seven-week-old trend line to high June lows for oil bears

Brent oil prices recently conquered the key support line to confirm near-term bearish momentum.

Technical Analysis: Brent breaks seven-week-old trend line to high June lows for oil bears
Technical Analysis: EURUSD flirts with monthly support line on ECB day

EURUSD is yet to conquer an ascending trend line from September 25 as it faces key events like the US GDP and the ECB.

Technical Analysis: EURUSD flirts with monthly support line on ECB day
Technical Analysis: 200-candle SMA probes USDCAD bulls banking on BPC formation

USDCAD bulls need to defy the pullback (P) from 200-bar SMA to justify the latest bounce off resistance-turned-support, continuation (C) point.

Technical Analysis: 200-candle SMA probes USDCAD bulls banking on BPC formation
Technical Analysis: AUDUSD bulls battle key upside hurdle with diminishing strength

AUDUSD keeps its bounce off 100-day EMA, not to forget a one-month-old ascending trend line, amid normal RSI conditions However, a confluence of 21-day and 50-day EMA, followed by a descending

Technical Analysis: AUDUSD bulls battle key upside hurdle with diminishing strength
Technical Analysis: GBPUSD entertain intraday bears on key data release

Having reversed from 61.8% Fibonacci retracement on Wednesday, GBPUSD remains on the back foot as the US dollar recovers losses The declines, despite being smaller, ignore upbeat UK Retail Sales and

Technical Analysis: GBPUSD entertain intraday bears on key data release
Technical Analysis: USDJPY retraces the heaviest drop in two months

USDJPY prints mild gains while bouncing off a four-week low. However, the bulls have miles to go with the 50-day SMA level of 105.65

Technical Analysis: USDJPY retraces the heaviest drop in two months
Technical Analysis: Two-month-old resistance line probes Gold bulls around $1925

​Although the upside break of 200-bar SMA keeps the gold buyers happy near a one-week high, the easing of RSI may play its role to trigger the quote's pull

Technical Analysis: Two-month-old resistance line probes Gold bulls around $1925
Technical Analysis: AUDUSD prints Head-and-Shoulders on H4

AUDUSD refreshes three-week low while declining to 0.7040 on Tuesday The pair forms a Head-and-Shoulders bearish chart pattern on the four-hour play (H4) with the quote currently testing the

Technical Analysis: AUDUSD prints Head-and-Shoulders on H4
Technical Analysis: Silver sellers look for entry below monthly support line

Although bearish MACD and sustained trading below 200-bar SMA keep silver sellers hopeful, an upward sloping trend line from September 24, at $23.96 now, probe the bears' entry

Technical Analysis: Silver sellers look for entry below monthly support line
Technical Analysis: GBPUSD drops to 21-day SMA as Brexit talks dwindle

Although the European Union (EU) and the UK didn't leave the table on the expire of the previously cheered October 15 deadline for the Brexit talks, GBPUSD remains sluggish ahead of UK PM Johnson's

Technical Analysis: GBPUSD drops to 21-day SMA as Brexit talks dwindle
Technical Analysis: EURUSD struggle for traction above 1.1700 as EU summit begins

EURUSD remains mildly positive above 50-day EMA, which in turn propels the quote towards a five-week-old falling trend line, at 1.1810 now.

Technical Analysis: EURUSD struggle for traction above 1.1700 as EU summit begins