
Last week EUR/USD tested 1.1570 but then retraced down and closed below 1.15.

Last week EUR/USD tested 1.1570 but then retraced down and closed below 1.15.
What events are anticipated to make markets volatile?
Learn how to trade GBP/USD and USD/TRY!
Friday will bring important economic data for the British pound the US dollar.

USD/MXN is testing levels below 50-week MA and is vulnerable for a slide to the 100-week MA.
As a result, risky assets still have chances to appreciate.

The pair slid back below the Fibonacci level. Moving averages on H4 are in the negative order.

The pair closed below 50-month MA in December and below 100-week MA (1.3600) last week.
Check how to trade USD/CAD and CAD/JPY on January 9.

USD/CAD has turned sharply down at the start of January and has been declining since then.
Canadian trade balance data is scheduled for today!

The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.
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