Eurozone advance Jan consumer confidence data now out 23 Jan
The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity
EURUSD up to 1.2284 on the headline and softer Richmond Fed data which also sees USDJPY testing session lows around 110.30 again. A break here should accelerate further losses into the 110.00 barrier but expect good defence still.
GBPUSD tests 1.4000 offers again after those 1.3917 lows earlier. I did warn that there were a few buyers lurking so well done to all who took heed down there. Currently pausing for thought again at 1.3990 and I shall be looking to re-create some shorts up here again that I covered downstairs earlier.
USDCHF dropping further on the general USD supply and looking to test next layer of support/bids around 0.9580
I'm out of here now so I'll see you all again tomorrow. Good trading everyone.
