Morning Briefing 12 Januray 2023

Stocks in Asia-Pacific rose, with investors looking forward to the US consumer price index report.
US index futures were flat, with investors awaiting the key inflation report.
Oil prices rose on hopes of an improving global economic outlook and concerns over the impact of sanctions on Russia's crude oil production.

Calendar：





EURUSD — The euro is consolidating near a 7-month high on the back of a weak dollar. Traders are keeping an eye on US inflation data.
Trend(1H)：→
Support：1.0650
Resistance：1.0850



GBPUSD — Range-bound Sterling is approaching its highest level in 3 weeks, traders tend to wait and see waiting for US inflation data tonight.
Trend(1H)：→
Support：1.2100
Resistance：1.2220



AUDUSD — The Aussie dollar rose in response to China's producer inflation data which fell more than expected
Trend(1H)：↑
Support：0.6860
Resistance：0.7000



USDJPY —The Japanese yen strengthened on hopes the BoJ will begin to roll back its ultra-loose policy at next week's meeting.
Trend(1H)：↓
Support：130.60
Resistance：132.85






XAUUSD — Gold prices firmed by a soft US dollar on lower US bond yields ahead of US CPI data later this evening.
Trend(1H)：↑
Support：1850.00
Resistance：1900.00






Crude Oil (WTI) — Oil prices rose on expectations of an improving global economic outlook and concerns over the impact of sanctions on Russia's crude oil production.
Trend(1H)：↓
Support：72.50
Resistance：81.00




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