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USD
The US dollar tumbled against its counterparts when President Trump called out China and Japan for currency devaluation tactics.
The bottom of the long-term range on EURAUD seems to be holding as a floor, with a small double bottom formation materializing.
USD
The US dollar had a volatile run but was unable to establish a clear direction while equities closed in the red.
GBPJPY recently broke past a descending trend line visible on its 4-hour time frame and is showing signs of a pullback.
USD
The dollar managed to regain ground towards the end of the week despite weaker than expected Q4 GDP data.
USDJPY has been trading sideways recently, bouncing off support at the 112.65 level and resistance at 115.30.
USD
The US dollar regained a bit of ground against its peers as traders seem to be buying into Trump's protectionist plans.
GBPUSD seems to be tired from its dive, as the pair formed a reversal pattern on its longer-term charts.
USD
The US dollar failed to benefit from the strong rallies in equities, even as the Dow 30 index surged past the 20K mark.
EURUSD has been trending higher but slowly consolidating inside a rising wedge formation visible on the 1-hour and 4-hour charts.
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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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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