This article focuses on the technical outlook for several major pairs, such as EUR/USD, USD/CAD and AUD/USD. The piece also explores crucial price thresholds worth keeping an eye on in the upcoming trading sessions.

USD/JPY is a nearing levels that may prompt the Bank of Japan to start talking intervention. Tuesday’s rate decision and the Quarterly Outlook Report remain key for the Yen’s next move.

Retail sales volumes fell over the festive period just one month after Black Friday sales prompted a 1.4% rise in November. Full year volumes declined 2.8% – GBP/USD lower