Gold portrays the second consecutive monthly gain as it flirts with the $1,800 threshold in the last few days.
GBPUSD braces for the first weekly gain in four as 200-EMA and a two-week-old support line defends Cable buyers.
EURUSD retreats inside a six-week-old bullish channel as the holiday season allows buyers to take a breather.
USDJPY consolidates the biggest daily loss in 14 years while positing a gradual rebound from the 78.6% Fibonacci retracement level of its May-October upside.
Gold retreats from a weekly horizontal resistance that’s near a top-end of an upward-sloping trend channel stretched since mid-November.
GBPUSD fades upside momentum after reversing from the 61.8% Fibonacci retracement level of January-September downside.
USDCAD portrays a bearish triangle formation after multiple rejections from the 1.3700 threshold.
USDJPY is likely to end 2022 on a negative note, despite bracing for the biggest yearly run-up since 2013.
A clear break of the monthly bullish channel welcomed AUDUSD buyers the last week despite the quote’s hesitance to break the 200-SMA.
Gold bears struggle inside a one-month-old rising wedge bearish formation, recently bouncing off the support line.
GBPUSD shows it all to suggest that the bull’s reign is near to end. However, a sustained trading below the 1.2330 support.
Downbeat US inflation data propelled the EURUSD pair to the highest levels since June on Tuesday.
