Technical Analysis

Monday morning open levels – indicative forex prices – 23 January 2023


Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week!

On a Monday morning, market liquidity

Read this Term is very thin until it improves as more Asian centres come online. This Monday is a little different of course as many Asia centres are out today for the Lunar New Year holidays:

China, Singapore, and Hong Kong are all out today. It’s a local holiday is New Zealand’s capital Wellington also.

Australia and Japan are in as usual.

As usual for an early Asia Monday morning, prices are liable to swing around on not too much at all, so take care out there.

Levels guide, repeat … only a guide!

EUR/USD 1.0865
USD/JPY 129.49
GBP/USD 1.2395
USD/CHF 0.9200
USD/CAD 1.3385
AUD/USD 0.6967
NZD/USD 0.6456

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