USDCAD grabbed the bull’s attention ever since it crossed a two-month-old descending resistance line, now support around 1.3500.
USDJPY fades bounce off the 200-DMA as it failed to cross the previous support line from late May.
EURUSD is likely to end the two-week-old winning streak as traders brace for key consumer-centric data from the US.
Gold buyers appear running out of steam, despite grinding around $1,770 of late.
A clear upside break of the 50-DMA and a descending trend line from October’s peak keeps USDCAD bulls hopeful.
AUDUSD grinds near a three-month high as the RBA lifts benchmark interest rate by 0.25%, as expected.
USDJPY is under immense pressure as it breaks the 200-DMA support, as well as marks the 3.5-month low.
Gold prices brace for the biggest weekly jump in three as it stays around the highest levels since mid-August.
GBPUSD posted the biggest monthly gains since mid-2020 in November.
EURUSD pair is all set to register the biggest monthly gain since September 2010.
USDCAD grinds lower inside a bullish chart pattern. That said, the 50-DMA hurdle surrounding 1.3570 guards the Loonie pair’s immediate upside.
AUDUSD remains on the bear’s radar as it broke a short-term symmetrical triangle, as well as the 50-SMA.