Daily Pivots: (S1) 0.8557; (P) 0.8599; (R1) 0.8624; More… Intraday bias in EUR/GBP remains neutral for the moment, as range trading continues. Further rally is expected with 0.8484 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 1.5153; (P) 1.5217; (R1) 1.5265; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, sustained break of 1.5354 support turned resistance will indicate medium term bottoming at 1.4318. Read more…
Daily Pivots: (S1) 1.0066; (P) 1.0102; (R1) 1.0154; More…. With 1.0214 resistance intact, further decline is expected in EUR/CHF to retest 0.9970 low. Decisive break there will resume larger down trend. On the upside, however, Read more…
Daily Pivots: (S1) 1.0522; (P) 1.0546 (R1) 1.0581; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained Read more…
Daily Pivots: (S1) 1.2236; (P) 1.2278; (R1) 1.2316; More… Range trading continues in GBP/USD and intraday bias remains neutral. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will Read more…
Daily Pivots: (S1) 0.9523; (P) 0.9578; (R1) 0.9634; More… No change in the view that fall from 1.0048 is still seen as the third leg of the consolidation pattern from 1.0063. Strong support should be Read more…
Daily Pivots: (S1) 134.59; (P) 134.99; (R1) 135.63; More… Intraday bias in USD/JPY remains neutral for consolidation below 136.70. Deeper retreat could be seen, but downside should be contained above 131.48 support to bring rebound. Read more…
Daily Pivots: (S1) 0.6902; (P) 0.6930; (R1) 0.6972; More… Sideway trading continues in AUD/USD and intraday bias remains neutral. On the downside, firm break of 0.6828 support will resume larger fall from 0.8006. Next target Read more…
Markets The short squeeze on bond markets stopped on Friday. US Treasuries underperformed German Bunds during the WS risk rally (+3%). US yields rose by 4 bps (5-yr) to 5.9 bps (30-yr). German yields ended Read more…
Gold have developing slightly higher over the last five weeks, holding within an upwardly sloping channel. The price opened with a positive gap earlier in the day, remaining marginally below the 200-day simple moving average Read more…