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EURUSD technical analysis

The pair rises, but currently remains in a short-term flat trend ahead of Joe Biden’s inauguration and possible new stimulus measures for the US economy. The price may fall if today’s consumer inflation data shows growth.

Technical side:

The price is above the middle Bollinger band, above SMA 5 …

12.01. Fresh trading analysis: markets are mixed, possible new stimulus in the US

Tuesday, January 12th, today’s news—American markets are flat following yesterday's decline. President-elect Joe Biden promises "trillions of dollars" in stimulus, Treasury yields rise, European markets are mixed. The price of Brent oil is $56.60, WTI—$53.13, EUR/USD is at 1.2163, GBP/USD—1.3601, gold is $1,862.45 per ounce. Read the daily selection of …

AUDUSD analysis

The Australian dollar fluctuated in a narrow, upward range during the Asian session against the US dollar amid scarcity of economic data by the Australian economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the largest economy in the world, which includes …

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