Month: January 2022

Daily Pivots: (S1) 1.2464; (P) 1.2491; (R1) 1.2528; More… Downside momentum is diminishing in USD/CAD as seen in 4 hour MACD. But with 1.2569 resistance intact, further decline is still expected. As noted before, the Read more…

Daily Pivots: (S1) 1.0366; (P) 1.0381; (R1) 1.0389; More…. Intraday bias in EUR/CHF remains on the downside as fall from 1.0510 is in progress for 1.0324 low. Firm break there will resume larger down trend Read more…

Daily Pivots: (S1) 0.8302; (P) 0.8321; (R1) 0.8336; More… EUR/GBP is losing downside momentum as seen in 4 hour MACD. But after all, outlook stays bearish with 0.8377 resistance intact. Current down trend should continue Read more…

Daily Pivots: (S1) 1.5581; (P) 1.5660; (R1) 1.5732; More… Much volatility is seen in EUR/AUD but it’s staying in established range after all. Intraday bias remains neutral for the moment. On the downside, break of Read more…

Daily Pivots: (S1) 128.73; (P) 129.41; (R1) 129.77; More…. Intraday bias in EUR/JPY stays on the downside for the moment. Fall from 131.59 is seen as part of the corrective pattern from 134.11. Deeper decline Read more…

Daily Pivots: (S1) 154.88; (P) 155.47; (R1) 155.80; More… GBP/JPY’s break of 154.85 support argues that rebound from 148.94 has completed at 157.74, ahead of 158.19 high. Fall from 157.74 is seen as the third Read more…

Yen is regaining strength in Asian session today and sentiment turned risk-off again. In particular, selloff is particularly apparent in cryptocurrencies. Swiss Franc, Euro and Dollar are all ticking up slightly. On the other commodity Read more…

Bitcoin breaks down through 39636 temporary support today, after another rejection by 4 hour 55 EMA. Down trend from 68986 resumes and should now target 61.8% projection of 68986 to 41908 from 52101 at 35366. Read more…

Japan CPI core (all item ex-food) was unchanged at 0.5% yoy in December, below expectation of 0.6% yoy. But that’s still the second increase in a row, and the fastest pace in nearly two years. Read more…