Technical Analysis
GBPUSD seesaws at the highest level in 12 weeks, printing mild intraday gains during a four-day uptrend, amid early Tuesday.
USDJPY faces resistance around the 50-SMA, prompting sellers to target the 149.00 level.
Gold price pares the weekly gain after the Thanksgiving holiday as traders seek more clues to stay bullish amid mixed clues.
GBPUSD ended a three-day winning streak following the UK's Autumn Statement, which failed to impress buyers of the British pound (Cable).
The EURUSD currency pair is currently trading close to its highest level in 14 weeks.
USDCAD fades the week-start recovery as market players await Canada inflation data on early Tuesday
USDJPY prints a three-day losing streak as it slides to the lowest level in three weeks amid early Monday.
EURUSD appears all-set for the weekly gain even if a three-month-old descending resistance line and the overbought RSI (14) restrict the pair’s immediate upside.
Gold price braces for the first weekly gain in three while defending the week-start rebound.
GBPUSD snaps a two-day winning streak with mild losses around 1.2270 as traders await the UK employment and the US inflation data on early Tuesday.
USDJPY rises for the sixth consecutive day while poking the yearly high marked in October, mildly bid near 151.70 during early Monday.
GBPUSD remains on the way to posting a weekly loss after declining in the last four consecutive days.
EURUSD consolidates the previous losses within a six-week-old rising channel, currently between 1.0760 and 1.0590.