Forex Technical Analysis Week 2 (Week of 10 Jan 2022)

Hello and Welcome!

First off, giving a quick snippet of what is up for this coming week!*Note date and time are adjusted to Singapore Time.*

Some key releases to take note are the CPI, PPI and retail sales coming out from the USD. Other than not much happenings from the rest.

USD Index - Pretty stuck in a range from 95.60 to 96.60.Direction should be clearer after that.

EURUSD - Similarly on EURUSD waiting for clear direction, just the same as with USD.

AUDCAD - Bias to short this pair. Overall AUD is weak among the other majors. You may also want to take a look at AUDJPY too!

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