In focus today From the US, initial jobless claims and retail sales will provide markets with evidence of the health of US consumers and unemployment. For initial jobless claims consensus expects an increase of 210k (prior: 201k) and for December retail sales consensus expects 0.6% m/m (prior: 0.7%). The ECB will release the records of […]
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Daily Pivots: (S1) 155.56; (P) 156.85; (R1) 157.75; More… USD/JPY’s break of 156.01 support indicates short term topping at 158.86, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for Read more…
Daily Pivots: (S1) 1.2176; (P) 1.2242; (R1) 1.2310; More… GBP/USD is staying in consolidation above 1.2099 and intraday bias remains neutral. Outlook remains bearish with 1.2486 support turned resistance intact. Larger fall from 1.3433 is Read more…
Daily Pivots: (S1) 0.9090; (P) 0.9122; (R1) 0.9158; More… USD/CHF is staying in consolidation below 0.9200 and intraday bias stays neutral. As long as 0.9007 support holds, near term outlook remains bullish. On the upside, Read more…