Optimism about a less dovish speech from the Federal Reserve (Fed) Chair Jerome Powell and a ‘not higher than expected inflation print earlier this week remained rather short-lived, as other FOMC officials didn’t beat about Read more…
Market movers today Today is the last day that the Fed can send any signals ahead of the January meeting, as the blackout period starts tomorrow. With the Fed signalling increasing support for a March Read more…
Daily Pivots: (S1) 156.07; (P) 156.76; (R1) 157.21; More… Intraday bias in GBP/JPY remains neutral for consolidation below 157.74. Further rally is expected with 154.86 support intact. On the upside, decisive break of 158.19 high Read more…
Daily Pivots: (S1) 130.45; (P) 130.94; (R1) 131.27; More…. Intraday bias in EUR/JPY remains neutral as consolidation from 131.59 is still extending. Further rise is expected with 130.01 support intact. Whole consolidation from 134.11 could Read more…
Daily Pivots: (S1) 0.8342; (P) 0.8351; (R1) 0.8365; More… Intraday bias in EUR/GBP stays neutral for consolidation above 0.8322 temporary low. In any case, outlook will stay bearish as long as 0.8417 resistance holds. Below Read more…
Daily Pivots: (S1) 1.5697; (P) 1.5720; (R1) 1.5758; More… Intraday bias in EUR/AUD remains neutral as range trading continues. On the downside, break of 1.5559 will resume the fall from 1.6168 to retest 1.5250/5354 support Read more…
Daily Pivots: (S1) 1.0414; (P) 1.0451; (R1) 1.0476; More…. Intraday bias in EUR/CHF remains neutral for the moment. Corrective rebound from 1.0342 could extend higher. But strong resistance should be seen from 38.2% retracement of Read more…
DXY: On the weekly, prices are on bullish momentum and abiding to our ascending trendline. We see potential for prices to bounce from our 1st support at 94.646 in line with 23.6% Fibonacci retracement towards Read more…
Daily Pivots: (S1) 0.7265; (P) 0.7289; (R1) 0.7305; More… Intraday bias in AUD/USD remains on the this point. Correction from 0.8006 could have completed after defending 0.6991. Further rise should be seen to 100% projection Read more…
Daily Pivots: (S1) 1.2475; (P) 1.2497; (R1) 1.2541; More… Intraday bias in USD/CAD remains on the downside for the moment. As noted before, rise from 1.2286 is finished at 1.2963, and possibly the whole pattern Read more…