Technical Analysis: EURUSD bears flexing muscles ahead of ECB Meeting Accounts

EURUSD remains on the back foot so far during the current week, heading into the key ECB Monetary Policy Meeting Accounts.

Technical Analysis: USDCAD sellers attack 1.2450 key support ahead of Canadian CPI

Although USDCAD buyers keep lurking around an upward sloping trend line from June, failures to stay decisively above the 200-DMA keep sellers hopeful of breaking the 1.2450 support.

Technical Analysis: GBPUSD bears look for entries with eyes on UK employment data

Having reversed from the late October tops, GBPUSD pokes the key support lines around the mid-1.3600s.

Technical Analysis: AUDUSD eyes further downside, monthly support line in focus

AUDUSD justifies a bearish candlestick formation, namely Gravestone Doji, to post the biggest daily losses in a fortnight the previous day.

Technical Analysis: EURUSD rebound needs to stay beyond 1.1385 to convince bulls

EURUSD extends the run-up beyond 200-SMA to cross a two-month-old horizontal area surrounding 1.1385 post-US inflation data.

Technical Analysis: Gold buyers tighten grips ahead of US inflation data

Gold keeps the bounce off 23.6% Fibonacci retracement of November-December fall to cross the 100-SMA surrounding $1,805

Technical Analysis: “Head and Shoulders” on 4H keeps USDCAD bears hopeful

USDCAD traders to a decisive point with a “Head and Shoulders” bearish chart pattern luring sellers.

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Technical Analysis: Gold stays directed towards $1,760 ahead of US NFP

Gold broke the key support around $1,795 comprising 200-SMA and a 13-day-old ascending trend line.

Technical Analysis: GBPUSD must stay above 1.3555 to keep bulls on the table

GBPUSD keeps the 50-DMA breakout to battle the 100-DMA as traders await final readings of UK Services PMI for December.

Technical Analysis: EURUSD bears eye 1.1260 key support ahead of US ADP, FOMC Minutes

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.

Technical Analysis: Brent oil stays softer ahead of OPEC+ JTC, US ISM PMI

Brent oil sees further downside after confirming short-term rising wedge bearish chart pattern the last week.

Technical Analysis: USDCAD bears have miles to go before retaking controls

USDCAD bears are yet to provide a convincing sign of return despite Friday’s heavy fall.

Technical Analysis: GBPUSD bulls are at test on the final day of 2021

GBPUSD bulls cheer clear upside break of 50-DMA to poke six-week top, amid bullish MACD signals

Technical Analysis: Gold bears eye $1,764 on fortnight-old support break

Gold prices conquered a two-week-long ascending support line. The bearish impulse takes clues from downbeat MACD signals.

Technical Analysis: EURUSD pierces 200-SMA but 1.1350 holds the gate for bulls

EURUSD seesaws around 200-SMA inside a six-week-old symmetrical triangle, suggesting the buyer’s return.

Technical Analysis: GBPUSD battles 50-DMA but bearish trend persists

GBPUSD bulls fail to cheer a clear upside break of the monthly horizontal resistance, now support, as the 50-DMA challenges immediate upside.