Markets Mexico and Canada dodged the US tariff bullet at the very last moment. At least for now. Tariffs will be paused for a 30 day period to see whether or not a final deal Read more…
Headline hunting about the latest on Trump and his tariff threats is what traders are up to. The news of a month of delay for the tariffs targeting Mexico landed soon after the US opening Read more…
In focus today Today, the US JOLTs labour turnover data for December will be released. The number of job openings, a key measure of labour demand for the Fed, has stabilised in recent months following Read more…
Daily Pivots: (S1) 190.89; (P) 191.87; (R1) 193.72; More… GBP/JPY recovered ahead of 189.31 support and intraday bias is turned neutral. On the downside, firm break of 189.31 will suggest that corrective pattern from 180.00 Read more…
Daily Pivots: (S1) 158.66; (P) 159.40; (R1) 160.83; More… EUR/JPY recovered after dipping to 157.96 and intraday bias is turned neutral first. Overall outlook is unchanged that consolidation pattern from 154.40 could still extend. On Read more…
Daily Pivots: (S1) 0.8284; (P) 0.8315; (R1) 0.8339; More… EUR/GBP’s fall from 0.8472 is in progress and intraday bias stays on the downside. Corrective rebound from 0.8221 should have completed already. Deeper decline would be Read more…
Daily Pivots: (S1) 1.6536; (P) 1.6664; (R1) 1.6738; More… EUR/AUD’s consolidation from 1.6800 is extending with another falling leg and intraday bias remains neutral. Strong support is expected from 38.2% retracement of 1.5963 to 1.6800 Read more…
Daily Pivots: (S1) 0.9376; (P) 0.9398; (R1) 0.9436; More…. EUR/CHF recovered after dipping to 0.9359 and intraday bias is turned neutral first. Risk will now stay on the downside as long as 0.9516 resistance holds. Read more…
Daily Pivots: (S1) 1.0252; (P) 1.0301; (R1) 1.0391; More… EUR/USD recovered ahead of 1.0176 support and intraday bias is turned neutral first. Outlook will stay bearish as long as 1.0531 resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.2314; (P) 1.2385; (R1) 1.2520; More… Intraday bias in GBP/USD remains neutral for the moment. Corrective rebound from 1.2099 could extend further with another rise. But strong resistance should be seen from Read more…