Daily Pivots: (S1) 163.17; (P) 163.50; (R1) 164.06; More… Intraday bias in GBP/JPY is turned neutral with current recovery. Overall, consolidation from 168.40 is still extending. Below 162.72 will turn bias back to the downside Read more…
Daily Pivots: (S1) 143.03; (P) 143.32; (R1) 143.85; More…. Intraday bias in EUR/JPY remains neutral as consolidation from 145.62 extends. Deeper pull back cannot be ruled out. But downside should be contained above 138.38 resistance Read more…
Daily Pivots: (S1) 0.8747; (P) 0.8768; (R1) 0.8788; More… Intraday bias in EUR/GBP is turned neutral with current retreat. Some consolidations could be seen but downside should be contained by 0.8624 support to bring another Read more…
Daily Pivots: (S1) 1.4868; (P) 1.4916; (R1) 1.4952; More… With 1.4663 support intact, rise from 1.4281 should still be in progress. Further rise would be seen to 1.5396 resistance. On the downside, however, break of Read more…
Daily Pivots: (S1) 0.9642; (P) 0.9657; (R1) 0.9680; More…. Intraday bias in EUR/CHF stays neutral as recovery from 0.9530 extends. But outlook remains bearish with 0.9864 resistance intact. On the downside, break of 0.9530 will Read more…
Daily Pivots: (S1) 0.9984; (P) 1.0007; (R1) 1.0047; More… Range trading continues in EUR/USD and intraday bias stays neutral. Outlook also remains bearish. On the downside, firm break of 0.9863 support will resume larger down Read more…
Daily Pivots: (S1) 1.1380; (P) 1.1411; (R1) 1.1466; More… Intraday bias in GBP/USD is turned neutral with current recovery. But break of 1.1737 resistance is needed to indicate short term bottoming. Otherwise, outlook stays bearish. Read more…
Daily Pivots: (S1) 0.9615; (P) 0.9655; (R1) 0.9684; More Intraday bias in USD/CHF stays mildly one the upside, and rise from 0.9478 would target 0.9868 resistance. Break there will argue that larger up trend is Read more…
SECO downgraded Swiss GDP growth forecasts for 2022 from 2.6% to 2.0%. For 2023, GDP growth projection was also lowered from 1.9% to 1.1%. CPI forecasts for 2022 was raised from 2.5% to 3.0%, and Read more…
Market picture Bitcoin has changed little over the past 24 hours, trading at $19.4K on Tuesday at the start of the day. The initial fall was neatly redeemed during active European and US trading amid Read more…