Month: January 2022

Daily Pivots: (S1) 1.1387; (P) 1.1410; (R1) 1.1429; More… Intraday bias in EUR/USD remains neutral for the moment. Rebound from 1.1185 is seen as a corrective move. Above 1.1482 will extend the rebound but upside Read more…

Daily Pivots: (S1) 1.3624; (P) 1.3657; (R1) 1.3676; More… GBP/USD is staying in consolidation below 1.3748 and intraday bias remains neutral first. Downside of retreat should be contained by 1.3489 support to bring another rally. Read more…

Daily Pivots: (S1) 0.9124; (P) 0.9141; (R1) 0.9161; More…. Intraday bias in USD/CHF as consolidation from 0.9090 is still in progress. On the downside, firm break of 0.9084 support will argue that choppy rise from Read more…

DXY: On the H4 timeframe, price is consolidating in a descending channel and is on bearish momentum. We expect a dip from our 1st resistance at 95.254 towards our 1st support at 94.620 in line Read more…

Daily Pivots: (S1) 114.29; (P) 114.47; (R1) 114.79; More… USD/JPY’s rebound from 113.47 accelerated higher today. While further rise cannot be ruled out, we’re not expecting a break of 116.34 for now. Instead, the corrective Read more…

Dollar is making a strong come back in Asian session today, as 10-year yield powers up to 1.85 level. Yen is under some selling pressure after BoJ stood pat as expected, and delivered little surprise Read more…

BoJ left monetary policy unchanged. Under the yield curve control, short-term policy interest rate is held unchanged at -0.1%. BoJ will also buy a “necessary amount” of JGB bonds to keep 10-year yield at around Read more…

In the The latest NZIER Quarterly Survey of Business Opinion, a net 34.4% of New Zealand businesses expect a deterioration in general economic conditions over the coming months, much worse than prior quarter’s 11.1%. Trading Read more…