David Song

The price of gold snaps a three-day rally to hold below the December high ($2726) ahead of the inauguration of US President Donald Trump.

GBP/USD continues to pullback from the weekly high (1.2307) as the UK Retail Sales report shows an unexpected 0.3% decline in December.

AUD/USD no longer carves a series of higher highs and lows as it struggles to push above the weekly high (0.6247).

USD/CHF seems to be unfazed by the weaker-than-expected US Retail Sales report as it holds above the weekly low (0.9079).

USD/CAD may threaten the positive slope in the 50-Day SMA (1.4175) if it fails to defend the monthly low (1.4280).

The recovery in the price of gold seems to have stalled ahead of the December high ($2726) as it no longer carves a series of higher highs and lows.

EUR/USD may continue to track the negative slope in the 50-Day SMA (1.0495) as it pushes below the opening range for January.

AUD/USD rebounds from a fresh monthly low (0.6131) to pull the Relative Strength Index (RSI) back from oversold territory.

The US is expected to add 154K jobs in December, while the Unemployment Rate is anticipated to hold steady at 4.2% during the same period.

USD/JPY extends the advance from the start of the week to clear the December high (158.09).

GBP/USD may continue to trade within the 2024 range should it extend the recent series of higher highs and lows.

AUD/USD seems to be defending the 2022 low (0.6170) as it extends the series of higher highs and lows from last week.

USD/CHF starts to carve a series of lower highs and lows after failing to test the 2024 high (0.9225).

EUR/USD halts a three-day selloff to keep the Relative Strength Index (RSI) out of oversold territory.

USD/CAD extends the rebound from the weekly low (1.4338) to push the Relative strength Index (RSI) back towards overbought territory.

GBP/USD trades below the May low (1.2446) as it extends the decline from earlier this week.

AUD/USD holds below pre-US election rates as trades at its lowest level since 2022.