Category: Cryptocurrencies

In focus today In the US, we will get the US January job report. We expect the employment growth to have slowed down to 180k from 216k in December, which is a robust pace in Read more…

Daily Pivots: (S1) 0.6527; (P) 0.6553; (R1) 0.6598; More… AUD/USD recovered quickly after breaching 0.6524 support and intraday bias stays neutral. On the downside, decisive break of 0.6524 argue that whole rebound from 0.6269 has Read more…

Daily Pivots: (S1) 1.3349; (P) 1.3406; (R1) 1.3445; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, firm break of 1.3342 support will argue that rebound from 1.3176 has completed at Read more…

Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… Intraday bias in USD/JPY remains neutral for the moment. Further rally will remain mildly in favor as long as 145.97 resistance turned support holds. Above 148.79 Read more…

Daily Pivots: (S1) 0.8549; (P) 0.8599; (R1) 0.8628; More…. Outlook in USD/CHF remains unchanged and intraday bias stays neutral for the moment. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 Read more…

Daily Pivots: (S1) 1.2661; (P) 1.2708; (R1) 1.2792; More… Range trading continues in GBP/USD and intraday bias remains neutral. Consolidation from 1.2826 could still extend further, and deeper fall cannot be ruled out. But downside Read more…

Daily Pivots: (S1) 1.0810; (P) 1.0843; (R1) 1.0905; More… Intraday bias in EUR/USD is turned neutral again as it recovered after dipping to 1.0779. While another fall cannot be ruled out, considering persistent bullish convergence Read more…

Dollar had a dramatic turnaround in its fortune overnight, following the significant slide in US 10-year yield, which coincided with robust rally in US stock markets. Major indexes effectively wiped out the sharp declines seen Read more…

Key insights from the week that was. In Australia, the Q4 CPI printed 0.6% (4.1%yr) for headline inflation and 0.8% (4.2%yr) for core trimmed mean inflation, meaningfully lower than the RBA’s forecast of 4.5%yr across Read more…

Short Term Elliott Wave view in DAX suggests the rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave 1 ended at 17003.28. Wave 2 pullback subdivided into a Read more…