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.
Better-than-expected US growth numbers triggered the much-awaited pullback in the EURUSD prices from the eight-month high.
Gold tries its best to stay on the bull's radar, while traders await the key advance US GDP for Q4 2022.
USDCAD are expecting a 1.3250 strong support on the day of the the Bank of Canada (BoC) interest rate decision.
