Daily Pivots: (S1) 1.0203; (P) 1.0289; (R1) 1.0353;More… Intraday bias in EUR/USD remains neutral for the moment. Fall from 1.1213 is in progress to 1.0199 fibonacci level. Decisive break there will solidify the case of larger bearish trend reversal. Next target will be 61.8% projection of 1.1213 to 1.0330 from 1.0629 at 1.0083. On the […]
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US initial jobless claims fell -10k to 201k in the week ending January 4, below expectation of 218k. That’s also the slowest number since February 2024. Four-week moving average of initial claims fell -10k to Read more…
US ADP private employment data revealed a slowdown in job creation for December, with 122k jobs added, missing market expectations of 143k, and prior month’s 146k. Breaking down the numbers, goods-producing sectors added 10k jobs, Read more…
Crude oil continues to rise for a third week. On Wednesday, the price of a barrel of Brent crude rose above $77.50, its highest level in almost three months. Better-than-expected economic data from the US Read more…