Daily Pivots: (S1) 0.9329; (P) 0.9378; (R1) 0.9412; More… Intraday bias in USD/CHF remains neutral with focus on 0.9325 support. Firm break there will resume larger decline to 0.9287 fibonacci level. On the upside, however, Read more…
Daily Pivots: (S1) 1.2178; (P) 1.2213; (R1) 1.2271; More… GBP/USD is still bounded in range trading below 1.2343 and intraday bias remains neutral at this point. Further rise remains mildly in favor as long as Read more…
Daily Pivots: (S1) 1.0508; (P) 1.0537; (R1) 1.0583; More… With current rebound, focus is back on 1.0594/0609 resistance zone (1.0609 medium term fibonacci level) in EUR/USD. Firm break there will carry larger bullish implication. Next Read more…
Dollar is again under some selling pressure in Asian session and looks set to resume recent decline against European majors. Yet, with trading subdued, it’s doubtful whether selloff in the greenback would sustain. Traders would Read more…
Credit: Robert Triggs / Android Authority The Google Camera 8.7 update is now being pushed out to older Pixel phones. This camera app update revives Google’s previously disabled Frequent Faces feature. The Google Camera 8.7 Read more…
USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is under the Ichimoku cloud which indicates a bearish market. If the bearish momentum continues, Read more…
China CPI slowed from 2.1% yoy to 1.6% yoy in November, below expectation of 1.7% yoy. Core CPI, excluding food and energy, was down -0.6% yoy, unchanged from October. Food prices slowed from 7.0% yoy Read more…
BoC Governor Deputy Governor Sharon Kozicki said in speech yesterday, “going forward, we will be considering whether to increase rates further”. “By that, we mean that we expect our decisions will be more data-dependent,” she Read more…
On Tuesday, December 13th, the US will release its CPI reading for November. Expectations are for the headline print to come in at 7.6% YoY after a surprisingly lower than expected October print of 7.7% Read more…
Key Highlights USD/JPY corrected higher from the 133.60 zone. A crucial bearish trend line is in place with resistance near 137.50 on the 4-hours chart. EUR/USD and GBP/USD are consolidating gains above support zones. Gold Read more…