Dollar retreats from highs ahead of Yellen's testimony
Asian equity markets mostly rallied with risk appetite spurred as trade picked up from Monday’s holiday.
USD/CAD: price to test Moving Averages
Information is not investment advice
The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far. In this case, we're likely going to have a local downward correction towards the nearest support at 1.1386 above the Moving Averages. The subsequent pullback from these levels could be a departure point for another advance towards the next resistance at 1.3559.
Galya Svetlova
Similar
USD/JPY: bouncing downwards
Look at the H1 chart for USD/JPY - is it not a perfect example of a reversal in the resistance zone?
Dollar stretches gains on the session
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.
Popular
All attention to Biden's inauguration
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!
Dollar retreats from highs ahead of Yellen's testimony
Asian equity markets mostly rallied with risk appetite spurred as trade picked up from Monday’s holiday.
USD/JPY: bouncing downwards
Look at the H1 chart for USD/JPY - is it not a perfect example of a reversal in the resistance zone?
Choose your payment system
