Germany GDP grew 0.3% qoq in Q3, much better than expectation of -0.2% qoq contraction. The economy finally exceeded pre-pandemic level in Q4 2019 for the first time. Destatis said, “The German economy managed to Read more…
Daily Pivots: (S1) 168.53; (P) 169.39; (R1) 170.05; More… Intraday bias in GBP/JPY stays neutral for the moment, but further rally is expected with 164.95 support intact. On the upside, firm break of 170.57 will Read more…
Daily Pivots: (S1) 144.96; (P) 146.33; (R1) 147.10; More…. EUR/JPY’s consolidation from 148.38 is extending and intraday bias remains neutral. Deeper retreat could be seen but downside should be contained by 140.88/144.06 support zone to Read more…
Daily Pivots: (S1) 0.8586; (P) 0.8637; (R1) 0.8666; More… Intraday bias in EUR/GBP remains neutral for the moment. Further decline is expected as long as 0.8779 resistance holds. On the downside, break of 0.8577 will Read more…
Daily Pivots: (S1) 1.5350; (P) 1.5479; (R1) 1.5567; More… EUR/AUD breached 1.5412 support briefly but quickly recovered. Intraday bias remains neutral first. On the upside, break of 1.5704 will resume the rally from 1.4281 to Read more…
Daily Pivots: (S1) 0.9846; (P) 0.9900; (R1) 0.9928; More…. Intraday bias in EUR/CHF is turned neutral with current retreat and some more consolidations would be seen below 0.9953. But further rally is expected as long Read more…
Daily Pivots: (S1) 1.3500; (P) 1.3564; (R1) 1.3631; More…. Intraday bias in USD/CAD stays neutral at this point. As long as 1.3501 holds, further rise is still in favor. On the upside, firm break of Read more…
AUD/USD retreated ahead of 0.6530 resistance and intraday bias is turned neutral first. On the upside, decisive break of 0.6535, and sustained trading above 55 day EMA (now at 0.6564), will raise the chance of Read more…
Daily Pivots: (S1) 0.9917; (P) 1.0006; (R1) 1.0053; More… Intraday bias in EUR/USD remains neutral for the moment. Rise from 0.9534 is still expected to continue as long as 4 hour 55 EMA (now at Read more…
Daily Pivots: (S1) 1.1527; (P) 1.1586; (R1) 1.1623; More… Intraday bias in GBP/USD is turned neutral with current retreat, and some consolidations could be seen. Further rally is expected as long as 1.1256 minor support Read more…