Based on the early price action, the direction of the USD/JPY on Monday is likely to be determined by trader reaction to the 50% level at 104.135.
IndustrySpeculators pared some short positions in the U.S. Dollar on speculation the Fed would not now increase its bond buying program.
IndustryIts a relatively busy week ahead on the economic data front. While stats will provide direction, UK politics and COVID-19 news updates will also influence.
IndustryThe direction of the AUD/USD early next week is likely to be determined by trader reaction to the 50% level at .7731.
IndustryThe British pound continues to grind higher against the Japanese yen, as we are looking at trying to get towards the ¥142.50 level.
IndustryOnce you are in a certain position, the market will determine you are right or wrong. The only way to judge whether you are in the right position in the market is to prove it with profit and loss. The success or failure of trading is determined by the outcome, and trading logic as well. The criteria of trading comes from your perception of the market pattern and trading logic, which is the most direct manifestation of the pattern view.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsThe early price action indicates the direction of the AUD/USD on Friday will be determined by trader reaction to the pivot at .7731.
IndustryAUD/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.
IndustryThe price action indicates that investors are growing a little uncomfortable buying strength, which means a break into a value area is likely.
IndustryDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
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.
IndustryFirst of all, wish you great success, good health, and lasting prosperity throughout the new year.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsEUR/USD managed to get above the resistance at 1.2310 and is trying to settle above the next resistance level at 1.2325.
Industry
WikiFX
| News
2021/1/18 8:40:13
WikiFX
| Industry
2021/1/18 0:44:16
WikiFX
| News
2021/1/19 3:49:27
WikiFX
| News
2021/1/18 4:04:43
WikiFX
| News
2021/1/20 5:48:15
WikiFX
| Industry
2021/1/18 22:49:26
WikiFX
| Industry
2021/1/19 6:34:30
WikiFX
| Exposure
2021/1/20 2:35:15
WikiFX
| Exposure
2021/1/18 4:10:00
WikiFX
| Industry
2021/1/20 4:55:47
For more comprehensive data
Please download WikiFX APPThe Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.