Daily Pivots: (S1) 1.2440; (P) 1.2495; (R1) 1.2576; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.2352. But further decline remains in favor as long as 1.2606 resistance holds. Read more…
Daily Pivots: (S1) 0.9001; (P) 0.9053; (R1) 0.9097; More… Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.9136. But further rally is expected as long as 0.8956 resistance turned support Read more…
Daily Pivots: (S1) 156.61; (P) 157.28; (R1) 158.33; More… Intraday bias in USD/JPY is back on the upside with breach of 158.06. Current rally from 139.57 is resuming to 61.8% projection of 139.57 to 156.74 Read more…
Dollar remains under some pressure as markets digest conflicting signals about the trade policy direction of the incoming Trump administration. President-elect Donald Trump dismissed media reports suggesting a sector-specific tariff plan as “fake news” but Read more…
Swiss CPI fell -0.1% mom in December, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) was unchanged for the month. Domestic products prices rose 0.1% mom while imported products prices fell Read more…
Markets Trump’s (trade) policy ruffled markets yesterday, underscoring the importance of politics under a second term of the former POTUS. The Washington Post citing three people familiar with the matter ran an article saying Trump’s Read more…
Early year worries that the AI rally would fizzle out were rapidly wiped out at the start of this week by Microsoft’s announcement to be willing to spend $80bn on data centers – which pushed Read more…
In focus today The focus today is the euro area inflation print. Inflation was expected to be 2.4% y/y in December, up from 2.2% in November. But with Germany rising 50bp and both Spain and Read more…
Key Highlights WTI Crude Oil prices started a fresh increase above the $71.50 resistance zone. A connecting bullish trend line is forming with support at $71.20 on the 4-hour chart. Gold prices could advance if Read more…
Nasdaq-100 reversed up from support zone Likely to rise to resistance level 21855.00 Nasdaq-100 index recently reversed up from the support zone located at the intersection of the support level 20820.00 (low of the previous Read more…