US dollar rising on no tier-1 data and holiday thin volume markets

The worry is always that due to a lack of liquidity and low volume there could be a nasty surprise that moves the markets. Over the weekend we learned that Omicron had ground 2400 flights, which in itself shows the rising disruptions and lack of demand potential for oil in the coming days and weeks. Keeping an eye on the spreads, Twitter, and significant support and resistance levels before entering a trade would be wise, and also cutting your size. Thin volume markets are known to grind higher and this opens up the potential for the indices to rise to new highs. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

1:45 US DOLLAR INDEX

2:08 BRENT

2:47 USD/JPY

3:13 GOLD

3:30 USD/CAD