Gold keeps the bounce off 23.6% Fibonacci retracement of November-December fall to cross the 100-SMA surrounding $1,805
USDCAD traders to a decisive point with a “Head and Shoulders” bearish chart pattern luring sellers.
Gold broke the key support around $1,795 comprising 200-SMA and a 13-day-old ascending trend line.
GBPUSD keeps the 50-DMA breakout to battle the 100-DMA as traders await final readings of UK Services PMI for December.
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.