Month: January 2023

Market movers today Today’s data calendar is thin. After yesterday’s bunch of data releases and Fed minutes, markets will probably listen closely to Fed’s Bostic in the afternoon. While waiting for Friday’s US payrolls, we get a Read more…

Daily Pivots: (S1) 0.8779; (P) 0.8800; (R1) 0.8816; More… Intraday bias in EUR/GBP is turned neutral first. As long as 55 day EMA (now at 0.8714) holds, rise from 0.8545 is still in favor to Read more…

Daily Pivots: (S1) 1.5385; (P) 1.5542; (R1) 1.5666; More… Intraday bias in EUR/AUD is turned neutral first, as it recovered after dipping to 1.5414. On the downside, below 1.5414 will extend the fall form 1.5976 Read more…

Daily Pivots: (S1) 0.9841; (P) 0.9873; (R1) 0.9905; More…. EUR/CHF is still extending the consolidation pattern from 0.9953 and intraday bias remains neutral. On the upside, firm break of 0.9953 resistance will resume larger rally Read more…

Daily Pivots: (S1) 138.80; (P) 139.78; (R1) 141.68; More…. Intraday bias in EUR/JPY is turned neutral first with current recovery. Outlook stays bearish as long as 142.92 resistance holds. Break of 137.37 will resume the Read more…

Daily Pivots: (S1) 157.61; (P) 158.89; (R1) 161.28; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Further decline is still expected as long as 162.32 resistance holds. Break of 155.33 will Read more…

Overall, the movements in the markets remain indecisive. Yen is staying soft after reversing all of earlier gains in the week, but holds above near term support levels. Dollar is stuck in familiar range against Read more…