The GBP/USD pair pulled back on the back of the overall strong US dollar.
The EUR/USD pair declined sharply as the US Dollar Index jumped on the first trading day of the year.
The BTC/USD pair remained under pressure in the evening session even as the Bitcoin hashrate surged to an all-time high.
The AUD/USD pair tilted lower on Monday as concerns about the Covid-19 pandemic in Australia rose.
The EUR/USD pair drifted upwards on the first trading day of the year.
The BTC/USD pair had a sluggish start of the year as the demand for Bitcoin remained low.
There is a potential pivotal point at $1.1315.
The GBP/USD pair crossed a key resistance level on Wednesday as investors reflected on the rising US trade deficit and weak housing data.
The BTC/USD pair remained under pressure on Thursday morning as demand for Bitcoin remained sluggish.
The AUD/USD pair tested a key resistance level on Wednesday as the US dollar weakened.
Short-term price action is turning bearish.
The EUR/USD pair retreated slightly as US equities continued their Santa Claus rally.
The BTC/USD suffered a harsh reversal after rising in the past few days.
The AUD/USD pair retreated slightly on Wednesday morning amid low volumes.
Bulls face potentially strong resistance at 0.7271.