Daily FX & Market Commentary

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1 Daily FX & Market Commentary 1

2 Market Overview US The U.S. Senate shifted slightly closer on Tuesday to resolving a month-long partial government shutdown, Republican Senate majority laid the groundwork for a vote on Thursday to fund the Government for three weeks. Asia Pacific The Financial Times, reported earlier on Tuesday that the Trump administration had rejected an offer from China. However, a top economic adviser to U.S. President Donald Trump, cited that the story wasn t true. US stocks ended lower on Tuesday, as gloomy global economic outlook and disappointing economic and company data. UK & EU The new forecast from IMF was released on the eve Davos first day, the world economic forum will take the spotlight of the market this week. The Brexit impasse in parliament by proposing to prevent customs checks on Irish Border. Above sources are cited from 2

3 Trading Strategy Trading Strategy (4 Hour Chart) EUR/USD Moving Average / RSI 42.9 / / / Comments: EUR/USD continued to break a low over the last week, reaching around However, the low each day is only broken through for a minimal range, instead of a clear break. Investors and traders are probably eyeing on the World Economic Forum, before they build positions again. Crucial price range on the above is

4 Trading Strategy Trading Strategy (con t) (4 Hour Chart) USD/JPY Moving Average / RSI / / / 4

5 Trading Strategy Trading Strategy (con t) (4 Hour Chart) XAU/USD Moving Average / RSI 47.1 / / / 5

6 Client Trade Data Economic Calendar Coming Key Indicator release This week Date (GMT+0800) Mon, 21/01/2019 Time (RMT+0800) Currency Indicator / Events Pervious Consensus Actual CNY GDP (YoY) Q4 6.5% 6.4% 6.4% CNY Retail Sales (YoY) (Dec) 8.1% 8.2% 8.2% EUR German PPI (MoM) (Dec) 0.1% -0.2% -0.4% Tue, 22/01/ GBP Average Earnings Infex + Bonus (Nov) 3.3% 3.3% 3.4% JPY Trade Balance (Dec) -738 B -30 B -55 B Wed, 23/01/2019 Tentative JPY BOJ Outlook Report CAD Core Retail Sales (MoM) ((Nov) 0.0% -0.5% AUD Employment Change (Dec) 37.0K 16.5K Thur, 24/01/ EUR German Manufacturing PMI (Jan) EUR Manufacturing PMI (Jan) USD Manufacturing PMI (Jan) Fri, 25/01/ USD Core Durable Goods Orders (MoM)(Dec) 0.4% 0.2% 6

7 Daily Range FX & Commodity Technical Room Last Trade day Performance (22 nd Jan,2019) Currency (GMT +0800) Open High Low Close Dollar Index USD/CNH EUR/USD USD/JPY GBP/USD USD/CHF AUD/USD NZD/USD USD/CAD AUD/NZD XAU/USD BTC/USD XRP/USD

8 Disclaimer The BYFX Global Co., Limited has made every attempt to ensure the accuracy and reliability of the information provided in this material. However, the information is provided on as is basis without warranty of any kind. The Company does not accept any responsibility or liability for the accuracy, content, completeness, legality or reliability of the information contained in this material. No warranties, guarantee and/or representations of any kind, expressed or implied and of whatsoever nature, are given as to the nature, standard, accuracy or otherwise of the information provided in this material nor to the suitability or otherwise of the information to your particular circumstances. All the materials and/or information, unless otherwise stated, be the property of the Company. These materials and/or information are protected by copyright and other intellectual property laws. Information received through this material and/or any other information provided by the Company and/or its staff may be displayed or printed for your personal and non-commercial use only. You cannot reproduce or retransmit or copy the materials, in whole or in part, in any manner, without the prior written consent of the Company and the Company reserves their rights to claim against you for any infringement of the intellectual rights hereof. Copyright 2018 BYFX Global Co., Limited. All rights reserved 8

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