The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.
Trading plan on January 16
Information is not investment advice
US-China agreement was priced in. Thus, markets are calm. The only important event of the day is US retail sales level. Get clues on the direction of EUR/USD, USD/CAD, USD/JPY, and AUD/USD.
The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.
How to enter the market in trend and in correction? We are discovering all of that and much more in this webinar.