Forex

The Japanese Yen could be at risk of extended losses, as price hovers precariously above sentiment-defining support. AUD/JPY, CAD/JPY, NZDJPY levels to watch.

Upcoming Chinese PMI data and Georgia's Senate runoff elections in the United States look set to dictate sentiment over the next 24 hours with AUD/USD running to the upside

The New Zealand Dollar remains on strong footing as trading in the new year gets under way.

The US Dollar pivoted lower on Tuesday and reversed the prior session's rebound with Georgia senate runoff election results in focus. AUD/USD advanced decisively while USD/CAD edged lower.

US indices have begun the year with a volatile start, fluctuating significantly as covid concerns and political uncertainty take turns influencing sentiment.

Gold prices surged 2.6% into the yearly open with the breakout already eyeing initial resistance hurdles. These are the levels that matter on the XAU/USD weekly chart.

NZD/USD may continue to exhibit a bullish behavior as it clears the 2020 high (0.7241), while the Relative Strength Index (RSI) flirts with overbought territory.

Unlike other FX pairs, USD/MXN has yet to see meaningful volatility in the first trading days of 2021.

Sterling started the year on a strong note. But that turned around yesterday, begging the question as to whether bulls will be able to retain the reins of the British…

USD/CAD may remain under pressure ahead of Canada’s Employment report as the exchange rate takes out the 2020 low (1.2688).