David Song

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.

The US economy performed better-than-expected in 2024, with the International Monetary Fund (IMF) upgrading its growth forecast for the region.

EUR/USD appears to be defending the yearly low (1.0333) as it rebounds from a fresh monthly low (1.0343).

GBP/USD struggles to retrace the decline following the Federal Reserve interest rate decision even as the Bank of England (BoE) keeps the Bank Rate at 4.75%.

USD/JPY rallies to a fresh monthly high (154.64) even as the Federal Reserve implements a 25bp rate-cut at its last meeting for 2024.

GBP/USD trades within the opening range for December as it gives back the advance from the start of the week.

AUD/USD clears the August low (0.6349) to register a fresh yearly low (0.6337).

USD/JPY rallies to a fresh monthly high (152.18) ahead of the update to the US Consumer Price Index (CPI).

The price of gold pushes above the opening range for December as it carves a series of higher highs and lows.

EUR/USD snaps the series of higher highs and lows from last week after attempting to trade back above the former-support zone around the April low (1.0601).

The Bank of Canada (BoC) meeting may produce headwinds for the Canadian Dollar as the central bank is anticipated to deliver another rate-cut.

GBP/USD remains susceptible to a bear-flag formation as the 50-Day SMA (1.2893) reflects a negative slope.

AUD/USD may attempt to test the yearly low (0.6349) as it extends the decline from the start of the month.

The price of gold may give back the advance from the November low ($2537) as it struggles to trade back above the 50-Day SMA ($2668).