
EUR/AUD rose to 1…
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Ichimoku Kinko Hyo
CAD/JPY: The pair is trading in a bullish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
Fibonacci Levels
XAG/USD: Silver is finding a resistance at 23.6% retracement area. Bulls remain strong.
US Market View
China arrested Jimmy Lai, one of Hong Kong’s richest and best-known publishers, on suspicion of collusion with foreign agents. Beijing also said it will sanction 11 US politicians, including Senators Ted Cruz and Marco Rubio, in response to US sanctions announced on the same number of Chinese officials last week. US President Trump issued four executive orders to partially extend the payment of enhanced unemployment benefits, to bridge a gap left by the failure of Congressional Republicans and Democrats to agree on a new package of economic relief measures.
US Key Point
EUR/AUD rose to 1…
US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.
Biden maintains the lead in crucial Pennsylvania. EUR/USD little changed since this morning.
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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