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EURJPY appears to be retracing from its recent rally earlier in the month, as price has found resistance near the 141.00 major psychological level and pulled back to the 139.00 area.
USD
The US dollar had another mixed performance, as it gave up ground to the euro and yen but rallied to the commodity currencies.
EURUSD has been trending lower and has recently made another strong break below support at the 1.2800 major psychological level.
USD
The US dollar regained ground to most of its counterparts as risk aversion continued to dominate financial trading.
USDCAD is moving inside a rising channel on its 1-hour time frame, indicating that the uptrend is getting stronger.
USD
The US dollar regained ground against most of its major counterparts, although it did have trouble extending its wins to the Japanese yen.
NZDUSD might be due for a strong bounce, as the pair is testing the bottom of the ascending trend channel on its daily time frame.
USD
The Greenback dominated against most of its major forex counterparts, as it advanced to the comdolls but consolidated to the yen.
USDCAD appears to be forming a rising trend channel on its 1-hour forex chart, as the pair recently made higher lows and higher highs.
USD
The Greenback resumed its rally against most of its major counterparts on Friday, despite the lack of top-tier data from the US economy.
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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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