The Japanese yen inched higher after January’s Tokyo CPI beat expectations. The US dollar found support in the daily demand zone around 113.50. And that is a sign that upbeat sentiment in the medium-term remains Read more…
Markets We retain from the day after the hawkish FOMC meeting that the greenback pushed towards fresh recovery highs. The trade-weighted DXY crossed above 96.94 to close at 97.26. Next important resistance stands at 97.72 Read more…
American equities jumped sharply on Thursday after the strong economic data from the United States. The Dow Jones rose by more than 400 points while the S&P 500 and Nasdaq 100 indices rose by 45 Read more…
Swiss KOF Economic Barometer rose from 107.2 to 107.8 in January, above expectation of 106.0. KOF said the “various subgroups of the barometer are developing unevenly.” Outlook has improved for consumer spending and for financial Read more…
Daily Pivots: (S1) 1.1103; (P) 1.1173; (R1) 1.1214; More… Intraday bias in EUR/USD remains on the downside for the moment. Larger down trend from 1.238 has just resumed. Deeper fall should be seen to 61.8% Read more…
Daily Pivots: (S1) 1.3337; (P) 1.3403; (R1) 1.3447; More… Intraday bias in GBP/USD stays on the downside. Fall from 1.3748 should target a test on 1.3158 low first. Break there will resume larger down trend Read more…
Daily Pivots: (S1) 0.9194; (P) 0.9220; (R1) 0.9268; More…. Intraday bias in USD/CHF remains on the upside for 0.9372 first. Firm break there will target 0.9471 resistance next. On the downside, below 0.9243 minor support Read more…
Daily Pivots: (S1) 114.74; (P) 115.11; (R1) 115.75; More… Intraday bias in USD/JPY remains on the upside for retesting 116.34 high first. Firm break there will resume larger up trend for 118.65 long term resistance Read more…
Daily Pivots: (S1) 0.6998; (P) 0.7060; (R1) 0.7095; More… Intraday bias in AUD/USD remains on the downside for retesting 0.6991/2 support zone. Sustained break there will resume larger down trend from 0.8006, and carries larger Read more…
Daily Pivots: (S1) 1.2679; (P) 1.2714; (R1) 1.2776; More… Intraday bias in USD/CAD remains on the upside for 1.2812 resistance first. Break there will target 1.2963 high next. On the downside, below 1.2558 minor support Read more…