GBPUSD holds onto the recovery from an early February rebound from a three-month-old ascending support line, staying beyond the 100-day EMA to lure more bids.
The EURUSD pair rebounds ahead of first readings of Eurozone Q4 GDP and US CPI for January loom.
USDJPY traders are waiting for the official release of Japan's Q4 GDP and the US Consumer Price Index.
GBPUSD pares the early-week recovery from 78.6% Fibonacci retracement of January 06-23 upside while taking a U-turn from the 200-SMA hurdle.
EURUSD fades bounce off the 10-week-old ascending support line as the weekly resistance line and the 200-SMA challenge buyers.
Gold bears remain unconvinced as they retreat from the key support, despite pulling back the metal from a multi-month high the last month.
Having breached a one-month-old bullish channel the last Friday, AUDUSD portrays a recovery
Friday’s US jobs report finally offered the much-needed bounce to the USDCAD pair.
EURUSD bulls seem to run out of steam despite the nearly overbought RSI (14).
Gold price is bouncing off $1,900 although still keeping buyers pleased and getting on the bears' radar.
AUDUSD stays pressured after a short pause making a pullback from the previous 9-month high.
NZDUSD upside appears limited as the key week begins influenced by New Zealand’s quarterly jobs report and the FED monetary policy meeting.