Home / Blog / Market Analysis / Weekly Preview: Technical Analysis on USDJPY, GBPUSD, USDCNH, XAUUSD, WTI, SPX (Jan 20 - Jan 24)

Weekly Preview: Technical Analysis on USDJPY, GBPUSD, USDCNH, XAUUSD, WTI, SPX

Market Analysis /
20 Jan 2020

Last week, safe haven currencies took a backseat while commodity currencies benefited from the risk on environment with the market focusing on the signing of the Phase One trade deal between the US and China. Elsewhere, oil extended its decline as tensions between the US and Iran eased. Looking ahead, we could be seeing a mixed market risk sentiment ahead.

CURRENCY: USDJPY

USDJPY Chart, Source: TradingView.com
USDJPY Chart, Source: TradingView.com

CURRENCY: GBPUSD

GBPUSD Chart, Source: TradingView.com
GBPUSD Chart, Source: TradingView.com

 

CURRENCY: USDCNH

USDCNH Chart, Source: TradingView.com
USDCNH Chart, Source: TradingView.com

CURRENCY: SPX

SPX Chart, Source: TradingView.com
SPX Chart, Source: TradingView.com

CURRENCY: XAUUSD

XAUUSD Chart, Source: TradingView.com
XAUUSD Chart, Source: TradingView.com

CURRENCY: WTIUSD (USOIL)

WTIUSD (USOIL) Chart, Source: TradingView.com
WTIUSD (USOIL) Chart, Source: TradingView.com

Read more market views from the AxiTrader team: https://www.axitrader.com/uk/market-news-blog/.

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