Tag - usd

January 19: the USD gets softer
January 19: the USD gets softer

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.

Dollar stretches gains on the session
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.

EUR/USD: bearish forecasts
EUR/USD: bearish forecasts

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

Weekly Market Outlook: January 18-22
Weekly Market Outlook: January 18-22

While Donald Trump says his last words as the US President and Joe Biden brings his oath this week, the CAD, JPY, and EUR will see their Central Banks share their respective monetary strategies. In the meantime, while the USD gets stronger, oil and gold take a pause. So, how do we trade Forex this week?

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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