
USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?

USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.

AUD/USD has formed a ‘harami’ on the D1 and a higher low on the H4. The pair will likely go up to test the resistance line that connects January highs.

Flat resistance and higher lows is what we have on the strategic map for gold. So, are we going to see it rise back up?
Joe Biden takes the presidency in the US, the Forex market is mostly bullish. We were correct with many of our short-term projections yesterday. Let's see what happens today and what the week brings.

Joe Biden will take the post of president of the USA on the morning of 20 January 2021. Trump is going to skip the inauguration. What will be the market reaction? Let’s find out!

Asian equity markets mostly rallied with risk appetite spurred as trade picked up from Monday’s holiday.

Look at the H1 chart for USD/JPY - is it not a perfect example of a reversal in the resistance zone?
In this daily update, you have short-term and mid-term outlook for the main currencies and commodities weighted against the long-term horizon. You are also provided with suggestions on which to levels to look at and what the most likely trajectories are for USD, EUR, AUD, GBP, gold and WTI oil.

Global stocks were mostly lower on Monday, following the weakness on Wall Street on Friday that stemmed from the weaker-than-expected retail sales report for December.

Most analysts claim EUR/USD will dip to 1.2000. After that, the pair should reverse to the upside.

Asian equity markets began the week cautiously after Friday’s losses on Wall St. Mixed Chinese GDP added to the tentative mood for stocks.
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