GBPUSD is slipping from last week’s bounce off a six-month support line. Traders are watching for Tuesday's US Consumer Confidence report.
Bitcoin's (BTCUSD) recent gains are under pressure as traders await important data this week, including the US Q3 GDP, Fed Inflation, and Nonfarm Payrolls.
Early Friday, gold prices slipped after a brief bounce from a week-long support level, retreating from a point that has shifted from support to resistance.
EURUSD records its first daily gain in four, bouncing back from the lowest level since July 3.
USDJPY has reached its highest point since July 31, rising for the third straight day after breaking the 200-day Simple Moving Average (SMA) early Wednesday.
On Tuesday morning, GBPUSD is testing the 100-bar Exponential Moving Average (EMA) support, pulling back from last week's bounce.
On Monday morning, Bitcoin (BTCUSD) experienced slight losses after reaching a three-month high.
Gold prices soared to a record $2,710, marking four days of gains as investors flock to safety.
USDJPY is stuck in a tight weekly trading range near the 200-day Exponential Moving Average (EMA), hovering between 149.30 and 150.00.
Early Wednesday, EURUSD sees the first daily gains in more than a week, after hitting its lowest point in 10 weeks.
GBPUSD pokes a three-month support region as pressure builds ahead of the UK employment and inflation data.
Bitcoin (BTCUSD) rises to a five-week high, crossing the 200-day Simple Moving Average (SMA) during a slow trading session on Monday.
