On Monday, January 20th, U.S. markets are closed for Martin Luther King Day celebrations, which will affect the trading hours of exchange-traded instruments such as U.S. stocks, indices and futures. Trump’s inauguration is scheduled for the same day, which may affect trading dynamics in the currency market and global stock markets. On Tuesday, the dynamics […]
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Daily Pivots: (S1) 189.48; (P) 190.05; (R1) 190.75; More… A temporary low is formed at 189.31 with current recovery. Intraday bias in GBP/JPY is turned neutral first. Some consolidations would be seen but risk will Read more…
Daily Pivots: (S1) 159.82; (P) 160.42; (R1) 161.12; More… Intraday bias in EUR/JPY remains neutral for the moment. Recovery from 159.74 might extend, but further decline will remain in favor as long as 162.88 resistance Read more…
Daily Pivots: (S1) 0.8417; (P) 0.8436; (R1) 0.8458; More… EUR/GBP’s rally from 0.8221 picks up momentum again. With break of 0.8446 resistance, next target is 0.8624 key cluster resistance zone. For now, outlook will remain Read more…