Markets The most interesting action occurred on German bond markets yesterday. Yields surged further north in the wake of the much smaller-than-expected HICP decline. The short end of the curve underperformed with the 2y yield Read more…
The Dow Jones, S&P 500, and Nasdaq 100 indices tilted higher after positive corporate results. On Tuesday, UBS reported that 2021 was its best year in over 15 years as the wealth management segment performed Read more…
US stocks gained for the third consecutive session, and the gains seemed more stable this time, as the VIX index retreated below the 22 mark. The Federal Reserve (Fed) storm is coming to an end, Read more…
Do you want to show your post thumbnails in your WordPress RSS feeds? RSS feeds help you promote your content in directories, feed readers, and other applications that use RSS feeds. However, the sad truth Read more…
The short-term Elliott wave view in EURUSD suggests that the pair is doing a corrective bounce to correct the cycle from January 14, 2022 high. While the decline to $1.1120 low has ended wave 1 Read more…
Daily Pivots: (S1) 154.68; (P) 154.94; (R1) 155.40; More… Intraday bias in GBP/JPY remains neutral as consolidation from 152.88 is extending. Fall from 157.74 should be the third leg of the corrective pattern from 158.19. Read more…
Daily Pivots: (S1) 128.94; (P) 129.23; (R1) 129.60; More…. EUR/JPY is staying in consolidation from 128.23 and intraday bias remains neutral. Outlook is unchanged that corrective pattern from 134.11 is extending with another falling leg. Read more…
Daily Pivots: (S1) 0.8315; (P) 0.8338; (R1) 0.8357; More… Intraday bias in EUR/GBP remains neutral first. Near term outlook stays bearish as long as 0.8421 resistance holds. Break of 0.8304 will resume larger down trend Read more…
Daily Pivots: (S1) 1.5755; (P) 1.5861; (R1) 1.5918; More… With 1.5712 minor support intact, further rise is still mildly in favor in EUR/AUD to 1.6168 resistance. However, on the downside, break of 1.5712 support will Read more…
Daily Pivots: (S1) 1.0359; (P) 1.0387; (R1) 1.0411; More…. Intraday bias in EUR/CHF remains neutral as consolidation from 1.0298 is still extending. Upside should be limited well below 1.0510 resistance. On the downside, break of Read more…