logo |

News

    Home   >     Industry    >     Main body

    Daily Forex Analysis - 12 January 2021

    Abstract:Daily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
    Lark20210111-113727.jpeg

      USD Overview (12 January 2021)

      Yesterday, USD strengthened against all major currencies.

      It was reported that Democrats in the House of Representatives plan to carry out impeachment on President Trump on Wednesday if Vice President Pence refuses to invoke the 25th Amendment to remove Trump from the office.

      NZD/USD Outlook (12 January 2021)

    image.png

      Overall, NZD/USD is trending upwards. Recently, NZD/USD broke the support zone of 0.72000.

      NZD/USDs next support zone is at 0.70100 and the next resistance zone is at 0.72000.

      Look for selling opportunities of NZD/USD.

      AUD/USD Outlook (12 January 2021)

    image.png

      Overall, AUD/USD is trending upwards.

      Currently, AUD/USD is testing the support zone of 0.76800 and the next resistance zone is at 0.79100.

      Look for selling opportunities of AUD/USD if it breaks the support zone of 0.76800.

      USD/JPY Outlook (12 January 2021)

    image.png

      Overall, USD/JPY is ranging across. Recently, USD/JPY has been trending upwards.

      USD/JPYs next support zone is at 103.000 and the next resistance zone of 104.600.

      Look for short-term buying opportunities of USD/JPY.

      EUR/USD Outlook (12 January 2021)

    image.png

      Overall, EUR/USD is ranging across. Recently, EUR/USD broke the support zone of 1.21800.

      EUR/USDs next support zone is at 1.19800 and the next resistance zone is at 1.21800.

      Look for selling opportunities of EUR/USD.

      GBP/USD Outlook (12 January 2021)

    image.png

      Overall, GBP/USD is trending upwards. Recently, GBP/USD bounced off the support zone of 1.34800

      Currently, GBP/USD is moving towards the support zone of 1.34800 and the next resistance zone is at 1.37800.

      Look for selling opportunities of GBP/USD if it breaks the support zone of 1.34800.

      USD/CAD Outlook (12 January 2021)

    image.png

      Overall, USD/CAD is ranging across. Recently, USD/CAD broke the resistance zone of 1.27900.

      Currently, USD/CAD is testing the support zone is at 1.27900 and the next resistance zone is at 1.29800.

      Look for buying opportunities of USD/CAD if it bounces off the support zone of 1.27900.

      GBP/JPY Outlook (12 January 2021)

    image.png

      Overall, GBP/JPY is ranging across. Recently, GBP/JPY trended up into the key level of 141.

      Currently, GBP/JPY is testing to break above the key level of 141. Its next support zone is at 140.000 and the next resistance zone is at 142.200.

      Look for buying opportunities of GBP/JPY if it breaks above the key level of 141.

      EUR/JPY Outlook (12 January 2021)

    image.png

      Overall, EUR/JPY is ranging across. Recently, EUR/JPY broke the support zone of 126.800.

      EUR/JPYs next support zone is at 124.750 and the next resistance zone is at 126.800.

      Look for selling opportunities of EUR/JPY.

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The 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.