US equities rallied on Thursday, boosted by a decent rally in Tesla and Chevron stocks, and a better-than-expected GDP read in the US. The latest US GDP update was a strong beat. The US economy Read more…
Market movers today In the US, household spending probably declined in December, with high-frequency indicators suggesting that services demand slowed toward year-end. In Scandinavia, retail sales for December are on the agenda in Sweden and Read more…
Daily Pivots: (S1) 160.51; (P) 161.13; (R1) 162.23; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, break of 155.33 low will resume the fall form 172.11 to 153.70 fibonacci level Read more…
Daily Pivots: (S1) 0.8760; (P) 0.8788; (R1) 0.8802; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside firm break of 0.8896 will resume the rise from 0.8545 and target 61.8% projection Read more…
Daily Pivots: (S1) 1.5265; (P) 1.5323; (R1) 1.5367; More… Focus stays on 1.5271 support in EUR/AUD. Decisive break there will carry larger bearish implication. Deeper decline would then be seen to 61.8% retracement of 1.4281 Read more…
Daily Pivots: (S1) 0.9999; (P) 1.0014; (R1) 1.0038; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the downside, break of 0.9952 minor support will turn bias back to the downside, to Read more…
Daily Pivots: (S1) 1.3281; (P) 1.3345; (R1) 1.3385; More…. Intraday bias in USD/CAD stays on the downside. Fall from 1.3704 would target 1.3224 key support level. Strong support is still expected from there to bring Read more…
Daily Pivots: (S1) 0.7082; (P) 0.7112; (R1) 0.7146; More… With 0.7061 minor support intact, further rise could still be seen in AUD/JPY. Firm break of 61.8% projection of 0.6169 to 0.6892 from 0.6721 at 0.7168 Read more…
Daily Pivots: (S1) 129.30; (P) 129.96; (R1) 130.89; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the downside, break of 127.20 will resume the whole decline from 151.93 and target 121.43 Read more…
Daily Pivots: (S1) 0.9167; (P) 0.9196; (R1) 0.9233; More… No change in USD/CHF’s outlook and intraday bias remains neutral. On the downside, sustained break of 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056 Read more…