FX Market Insight for the 10th January 2020

The overnight news was a lot of recycled stories and no major geopolitical events through the American session, although I thought we might have been in for it with Trump doing his usual impromptu appearance, which equated to nothing much happening through the market.

The DXY continued is march north with most of the Majors playing ball and correlating nicely. Most pairs are now sitting at some sort of support or resistance which sets us up nicely for the NFP during Friday's session.

The initial jobless figures o/night was a little push for the USD being lower than the estimate and much lower than the revised number, this might be a tell for the NFP's.

Other than that it was a pretty subdued trading session which I assume means the big players are waiting until the NFP's drop during Friday session.

Hopefully, that's pretty much-summarised things correctly as we have had some pairs breach there weekly support as well. Hopefully, we will make our cash today.