On Thursday (EST), all three US stock indices unexpectedly hit record highs following the Capitol chaos.
NewsThe early price action indicates the direction of the AUD/USD on Friday will be determined by trader reaction to the pivot at .7731.
IndustryThe price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days.
NewsAUD/USD is trying to get to the test of the support level at 0.7740.
IndustryUSD/CAD managed to get above the resistance at 1.2700 and is testing the next resistance level at 1.2720.
IndustryPlatformsFx is only 1.31 on the WikiFX APP. According to the latest risk warning, this broker currently has no valid regulatory status, please stay away from it!
ExposureThe price action indicates that investors are growing a little uncomfortable buying strength, which means a break into a value area is likely.
IndustryThis article will introduce three general types of forex analysis.
NewsThe dollar disappeared near its lowest level in nearly three years on Thursday after Democrats won control of the U.S. Senate and paved the way for a major fiscal stimulus under President-elect Joe Biden.
NewsGBP/USD is trying to settle below the nearest support at 1.3575.
IndustryEconomic data from the Eurozone and the U.S will draw attention. The Democrat victory and violence on Capitol Hill will set the tone, however.
IndustryOn Wednesday, the index straddled the minor pivot at 89.565. This level is controlling the minor direction.
IndustryUS Tech Stocks Break Down, FTSE 100 Soars, USD/JPY Upside Capped - US Market Open
IndustryUSD/CAD gained upside momentum and is trying to settle above the nearest resistance level at 1.2700.
IndustryFollowing is a set of trading solutions edited by WikiFX in efforts to protect you from losses.
NewsGold ticked up on Wednesday, aided by a weaker dollar, while investors awaited the results of the U.S. Senate runoff elections in Georgia that will decide the prospects of further stimulus.
NewsEUR/USD managed to get above the resistance at 1.2310 and is trying to settle above the next resistance level at 1.2325.
IndustryDue to the prolonged move up in terms of price and time, traders should watch for a potentially bearish closing price reversal top formation.
IndustryAs the debate about stimulus spending rages, you can trust the government when it says inflation really is low.
IndustryA senior U.S. diplomat has criticized Indian Prime Minister Narendra Modis trade policies, saying growing restrictions on market access and limits on the free flow of data are standing in the way of the South Asian nation becoming an alternative to Chinese supply lines.
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