Daily Pivots: (S1) 0.8854; (P) 0.8866; (R1) 0.8886; More… EUR/GBP is staying in consolidation from 0.8896 and intraday bias remains neutral first. Further rally is expected as long as 0.8768 support holds. On the upside, Read more…
Daily Pivots: (S1) 1.5506; (P) 1.5539; (R1) 1.5592; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Another fall cannot be ruled out, but strong support could be seen from 38.2% retracement of Read more…
Daily Pivots: (S1) 1.0001; (P) 1.0023; (R1) 1.0047; More…. EUR/CHF is staying in consolidation below 1.0095 and intraday bias remains neutral. Downside of retreat should be contained by 0.9953 resistance turned support to bring another Read more…
European stocks kick off the week on last week’s positive vibes, adding more gains to their best ever start to a year. But sentiment in Asia was mixed; futures point at bearish start. On the Read more…
In December, UK payrolled employment rose 28k or 0.1% mom to 29.9m. That’s a rise of 2.3% yoy or 676k over the 12-month period. ONS also noted that the number employees were rising in line Read more…
China’s economy rose at an annualised rate of 3% in 2022 according to official data. Whilst this is the lowest rate in decades (and second lowest since the 70s) it still surpassed expectations, which were Read more…
Market movers today Today’s key data release will be the ZEW index from Germany. It will be interesting to see whether the recent rebound in leading indicators persists into Q1, which would give us a Read more…
Daily Pivots: (S1) 1.0791; (P) 1.0833; (R1) 1.0863; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0874 temporary top. Further rally is expected as long as 1.0482 support holds. On the upside, break Read more…
Daily Pivots: (S1) 1.3368; (P) 1.3393; (R1) 1.3433; More…. Intraday bias in USD/CAD remains neutral and outlook is unchanged. Further decline could still be seen, but downside should be contained above 1.3224 key support level. Read more…
Markets are generally stuck in tight range in Asian session today, with better than expected data from China providing no inspirations. Dollar is staying in consolidations in tight range, with no sign of a sustainably Read more…