Month: January 2023

The S&P500 traded lower for a third day, the US yields rebounded, as the US reached its debt ceiling yesterday. Wow, Netflix Netflix added nearly 7.7 million new subscribers last quarter, versus only around 4.5 Read more…

Market movers today Data calendar for Friday is almost empty. We have only UK retail sales due in the morning and US existing home sales out in the afternoon. ECB’s Lagarde will again be on Read more…

Daily Pivots: (S1) 158.06; (P) 158.66; (R1) 159.73; More… Intraday bias in GBP/JPY remains neutral for the moment as range trading continues. . On the downside, break of 155.33 will resume the whole decline from Read more…

Daily Pivots: (S1) 138.20; (P) 138.82; (R1) 139.71; More…. EUR/JPY recovered ahead ahead of 137.37 support and intraday bias is turned neutral. On the downside, firm break of 137.37 will resume whole decline from 148.38 Read more…

Daily Pivots: (S1) 0.8713; (P) 0.8750; (R1) 0.8778; More… EUR/GBP’s fall from 0.8996 is still in progress and intraday bias remains on the downside for 61.8% retracement of 0.8545 to 0.8896 at 0.8679. Sustained break Read more…

Daily Pivots: (S1) 1.5559; (P) 1.5655; (R1) 1.5770; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Correction from 1.5976 should have completed at 1.5376. Further rally would be seen for Read more…

Daily Pivots: (S1) 0.9891; (P) 0.9911; (R1) 0.9942; More…. EUR/CHF recovered after hitting 55 day EMA and intraday bias is turned neutral first. Another fall is in favor as long as 0.9962 minor resistance holds. Read more…

Daily Pivots: (S1) 1.3436; (P) 1.3479; (R1) 1.3510; More…. Intraday bias in USD/CAD is turned neutral with current retreat. But risks stay on the upside as long as 1.3320 support holds. Pull back from 1.3704 Read more…

Daily Pivots: (S1) 0.6872; (P) 0.6910; (R1) 0.6948; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.7062. Overall outlook stays bullish as long as 0.6721 support holds. On the upside, break of 0.7062 Read more…