Forex analysis | Amega

The Daily Market Watch: GOLD, USDJPY, & SHIBA (23.12.21)

23 December 2021 Amega

Gold has managed to pull a 0.20% leg above the $1800 handle on the back of a weaker dollar, and it remains bullish above the round support. Next up? $1815!

The dollar has risen against the Japanese yen though as the haven has lost its shine over increasing risk appetite. It’s up 0.15% intraday but nears the 50% Fibo at 114.40 as we speak.

Newly-listed Shiba Inu has made an incredible comeback since the 281 low and has gained more than 3 percent intraday as it tries to break past 376. Can it last?

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