Gold price fades bounce off a two-month-old rising support line, failing to cheer the US Dollar’s weakness.
USDJPY buyers are hesitant to enter the market unless there's a daily close above the horizontal resistance level near 148.80-90.
AUDUSD prints the first daily gain in three while bouncing off the lowest level since mid-November.
EURUSD dropped to the lowest level in two months after Federal Reserve (Fed) Chairman firmly pushed back the March rate cut.
Gold price rose in the last four consecutive days. Moreover, Gold buyers are likely to keep the reins.
GBPUSD remains pressured within a six-week-old descending triangle.
EURUSD stays pressured within a three-week-old falling wedge bullish chart formation.
USDJPY makes rounds to 148.00 early Monday as the key week comprising the US employment report begins
Gold price stays defensive near $2,022 as bulls await the key US data to extend the previous day’s rebound.
EURUSD pair managed to rebound from an upward-sloping support line from early November.
GBPUSD floats above the 200-bar Exponential Moving Average (EMA) as traders brace for the monthly activity data.
USDJPY pair’s recovery needs to surpass Friday’s peak of around 148.80 to activate fresh buying.