GBPUSD stays beyond a downward sloping resistance line from January 20, now support around 1.3590.
AUDUSD justifies its risk-barometer status, also backed by an upbeat Aussie jobs report for January, during Thursday.
Gold marked a stellar decline after refreshing eight-month top on Tuesday, forming a double top around $1,880.
Amid escalating tensions concerning the Russian invasion of Ukraine, crude oil prices rally to a multi-month high.
EURUSD during the last week portrayed multiple tops around 1.1480 before ending the week by resting on 200-SMA.
GBPUSD stays ready to reverse the month-start bearish signal, initially triggered by the 50-SMA’s break below 200-SMA.
Gold extends a fortnight-long recovery to stay comfortably beyond the 200-SMA and a horizontal area from early January.
USDCAD remains chopped inside a 140-pip trading range in the last two weeks, recently fading the bounce off the lower end comprising 200-SMA.
GBPUSD bears flex muscles with eyes on Thursday’s UK Q4 GDP.
AUDUSD marked a notable U-turn from the 50-DMA by the end of the key week.
Gold traders keep their eyes on the US monthly jobs report for January during early Friday.
EURUSD extends bounce off a 19-month low, also comprising 61.8% Fibonacci Expansion (FE) of late September 2021 to early January 2022 moves