Daily Pivots: (S1) 0.9193; (P) 0.9232; (R1) 0.9295; More…. Intraday bias in USD/CHF remains neutral as range trading continues. Choppy rise from 0.8925 would still be in favor to extend higher as long as 0.9090 Read more…
Daily Pivots: (S1) 114.94; (P) 115.21; (R1) 115.58; More… USD/JPY is still bounded in range trading and intraday bias remains neutral first. On the upside, firm break of 116.34 will resume larger up trend from Read more…
Daily Pivots: (S1) 0.7270; (P) 0.7356; (R1) 0.7399; More… A temporary top is formed at 0.7440 with current retreat. Intraday bias in AUD/USD is turned neutral first. Some correction could be seen and deeper pull Read more…
Daily Pivots: (S1) 1.2729; (P) 1.2775; (R1) 1.2864; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, break of 1.2876 will resume the rally from 1.2448 to 1.2963 resistance. On Read more…
Daily Pivots: (S1) 0.9979; (P) 1.0038; (R1) 1.0104; More…. A temporary low is formed at 0.9907 in EUR/CHF with current recovery. Intraday bias is turned neutral first. Some consolidation could be seen, but upside should Read more…
DXY: On the H4 timeframe, prices are at a recent high and approaching our pivot. We see the potential for a pullback from our 1st resistance at 99.310 in line with 127.2% Fibonacci projection and Read more…
Daily Pivots: (S1) 150.68; (P) 151.46; (R1) 151.87; More… Intraday bias in GBP/JPY stays on the downside for the moment. Decline from 158.04, which is seen as the third leg of the consolidation pattern from Read more…
US stocks were hammered again overnight and selling continues in Asia. But major currency pairs and crosses are trading in tight range, digesting recent moves. Euro and Sterling are recovering some grounds while Aussie is Read more…
Australia NAB business confidence rose from 4 to 13 in February. Business conditions rose from 2 to 9. Looking at some details, trading conditions rose from 8 to 10. Profitability condition rose from 2 to Read more…
Japan bank lending grew 0.4% yoy in February, below expectation of 0.6% yoy. That’s the slowest rate since May 2012. Lending by major banks dropped -1.3% yoy, biggest decline since August 2021. Regional banks’ lending Read more…