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  • German industrial production falls sharply in December
  • Completion of bearish pattern on daily chart adds to downside risk
  • Bitcoin remains at the back foot but still lacks clearer direction signals
  • Limited upticks to keep bears in play for fresh attempts lower
  • Dollar advances on fresh expectations for prolonged tightening cycle
  • Aussie remains under increased pressure
  • Bolls hold grip for stronger recovery but more evidence needed to confirm the stance
  • Near term action weighed by rejection under weekly cloud and formation of reversal pattern
  • Fresh bears look for more signals of deeper pullback
  • Dollar appreciates upbeat US data

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Bulls may take some time to eventually break through pivotal barriers at 1.0930/42

Slobodan Drvenica Jan 26, 2023
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Bears are pausing ahead of key BoJ policy meeting

Slobodan Drvenica Jan 16, 2023
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Sterling extends advance on growing expectations for more dovish Fed

Slobodan Drvenica Jan 9, 2023
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EURJPY – the biggest daily fall since mid-2016

Slobodan Drvenica Dec 20, 2022
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Dollar dips on lower than expected US Nov inflation

Slobodan Drvenica Dec 13, 2022
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Bulls hold under strong barriers, awaiting signals from key events this week

Slobodan Drvenica Dec 13, 2022
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Dow eases on profit taking as investors eye Fed policy meeting

Slobodan Drvenica Dec 5, 2022
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Dollar remains in red on growing signs of Fed easing pace of hikes; US job report in focus

Slobodan Drvenica Dec 2, 2022
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S&P 500 – looming recession threatens to stall recent strong recovery rally

Slobodan Drvenica Dec 1, 2022
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Dollar under fresh pressure from less hawkish than expected Powell

Slobodan Drvenica Dec 1, 2022
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Breaking News
6h

USDCAD trades sideways between 1.3439 & 1.3356. #forex #USD #CAD

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6h

USDCAD trades sideways between 1.3439 & 1.3356. #forex #USD #CAD

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6h

GER30 trades sideways between 12995 & 12930. #forex #GER30

Reply on Twitter 1622873587416694784 Retweet on Twitter 1622873587416694784 Like on Twitter 1622873587416694784 Twitter 1622873587416694784
6h

EURUSD prints fresh session low at 1.0696. #forex #EUR #USD

Reply on Twitter 1622872652762300418 Retweet on Twitter 1622872652762300418 Like on Twitter 1622872652762300418 Twitter 1622872652762300418
6h

GBPUSD prints fresh session low at 1.1986. #forex #GBP #USD

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Lastest Posts
  • German industrial production falls sharply in December
  • Completion of bearish pattern on daily chart adds to downside risk
  • Bitcoin remains at the back foot but still lacks clearer direction signals
  • Limited upticks to keep bears in play for fresh attempts lower
  • Dollar advances on fresh expectations for prolonged tightening cycle

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