Markets Today counts as the real first trading year of the year with UK and US investors returning from New Year festivities. Only Japanese markets remained closed. German December inflation figures were the main dish. Regional numbers throughout the day served as an indicator for the national number, released in European afternoon. It explains the […]
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Daily Pivots: (S1) 1.3910; (P) 1.3963; (R1) 1.4028; More… Intraday bias in USD/CAD remains on the upside as rebound from 1.3749 short term bottom is in progress. Break of 55 D EMA (now at 1.4043) Read more…
Daily Pivots: (S1) 0.6332; (P) 0.6397; (R1) 0.6436; More… AUD/USD recovered after breaching 0.6364 support briefly and intraday bias stays neutral. On the upside, break of 0.6511 will resume the rally from 0.5913 to 61.8% Read more…
Daily Pivots: (S1) 1.1022; (P) 1.1132; (R1) 1.1199; More… For now, EUR/USD’s fall from 1.1572 is still seen as a corrective move. Strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at Read more…