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USD
The US dollar advanced against the euro and the pound even as data from the US came in mixed.
EURAUD recently broke below the short-term triangle consolidation pattern.
USD
The US dollar managed to squeeze out a few gains after the US flash manufacturing PMI jumped from 51.5 to 53.2 to show a faster pace of expansion compared to the estimated rise to 51.6.
EURGBP is still trending higher on its daily time frame, just slightly above the rising trend line connecting the recent lows of price action.
USD
The US dollar was able to post gains against its counterparts on Friday even though there were no major US reports on deck.
EURJPY has been trending lower, moving inside a descending channel visible on its 1-hour time frame.
USD
Economic data from the US came in mixed, with initial jobless claims missing expectations and the existing home sales report printing upbeat results.
USDCAD bounced off the ascending channel support around the 1.3100 area recently and is on its way to test resistance at 1.3300-1.3350.
USD
The US dollar had a mixed performance as it reacted to country-specific events.
USDCAD is trending higher on its long-term and short-term charts, moving inside an ascending channel on its 1-hour time frame.
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2023 Martin Luther King Holiday Schedule
Due to the Martin King Holiday on 16 January, 2023, market activity and liquidity may be lower than usual....
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