Technical Analysis: Gold bears catch a breather

Gold prices bounce off $1817 to currently around $1840.

Technical Analysis: Gold bears catch a breather
Technical Analysis: Gold bears catch a breather but 200-SMA guards immediate upside

Gold prices bounce off $1817 to currently around $1840.

Technical Analysis: Gold sellers aren’t invited beyond $1889

A pullback from $1959 directs gold sellers to attack a confluence of 50-SMA and an ascending trend line from November 30.

Technical Analysis: Gold sellers aren’t invited beyond $1889
Technical Analysis: 10-month-old resistance line probes EURUSD bulls near April 2018 top

EURUSD snaps three-day uptrend while reversing from the highest since April 2018 on early Thursday.

Technical Analysis: 10-month-old resistance line probes EURUSD bulls near April 2018 top
Technical Analysis: Rising wedge at multi-month top teases AUDUSD bears ahead of Georgia election results

AUD/USD teases a 33-month high around 0.7780 inside a bearish chart pattern as global markets await Georgia’s Senate runoff.

Technical Analysis: Rising wedge at multi-month top teases AUDUSD bears ahead of Georgia election results
Technical Analysis: Brent oil buyers can ignore short-term support break

Brent oil remains beyond 21-day SMA despite breaking an ascending trend line from early November.

Technical Analysis: Brent oil buyers can ignore short-term support break
Technical Analysis: Gold clears five-month-old resistance line, eyes $1965

Gold prices kick-start 2021 on a positive front while crossing a multi-day-old hurdle.

Technical Analysis: Gold clears five-month-old resistance line, eyes $1965
Technical Analysis: Gold teases monthly support line following failures to cross $1,900

Gold trades defensive despite the US dollar gauge’s (DXY) slump to the fresh low since April 2018.

Technical Analysis: Gold teases monthly support line following failures to cross $1,900
Technical Analysis: AUDUSD buyers can ignore Monday’s bearish spinning top

AUDUSD remains positive amid a risk-on mood. The pair failed to justify Trump's signing of the coronavirus (COVID-19) aid package.

Technical Analysis: AUDUSD buyers can ignore Monday’s bearish spinning top
Technical Analysis: GBPUSD bulls eye another confrontation with 1.3618/24 resistance area

GBPUSD stays above a one-week-old ascending trend line amid bullish MACD.

Technical Analysis: GBPUSD bulls eye another confrontation with 1.3618/24 resistance area
Technical Analysis: Bullish flag on weekly chart favors gold buyers

Gold prices paid a little heed to the Brexit deal announcement and the US stimulus news.

Technical Analysis: Bullish flag on weekly chart favors gold buyers
Technical Analysis: EURUSD eyes 1.2300 amid Brexit, US stimulus optimism

EURUSD is up for grabs ahead of Christmas. While the key fundamental events are yet to be announced, no major negatives are likely to erupt.

Technical Analysis: EURUSD eyes 1.2300 amid Brexit, US stimulus optimism
Technical Analysis: Brent oil battles 21-day SMA support as risks drop

Brent oil prices have been declining so far in the current week.

Technical Analysis: Brent oil battles 21-day SMA support as risks drop
Technical Analysis: Monthly rising channel, 200-SMA defend gold bulls

Gold prices fade the previous day’s bounce off 200-SMA while testing two-week-old horizontal support around $1,875/74 during early Tuesday.

Technical Analysis: Monthly rising channel, 200-SMA defend gold bulls
Technical Analysis: GBPUSD extends losses amid Brexit deadlock, new strain of covid

GBPUSD remains on the back foot on Monday amid grave concerns over Brexit and the new strain of the coronavirus (COVID-19) in the UK.

Technical Analysis: GBPUSD extends losses amid Brexit deadlock, new strain of covid