Daily Pivots: (S1) 1.0512; (P) 1.0545; (R1) 1.0600; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0487 is extending. Stronger recovery cannot be ruled out. But risk will stay on the downside as Read more…
Daily Pivots: (S1) 1.2141; (P) 1.2183; (R1) 1.2246; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2109 is extending. Stronger recovery cannot be ruled out. But near term risk will stay on the Read more…
Daily Pivots: (S1) 0.9125; (P) 0.9171; (R1) 0.9195; More…. Intraday bias in USD/CHF remains neutral for the moment. Some consolidations would be seen and deeper retreat cannot be ruled out. But risk will stay on Read more…
Daily Pivots: (S1) 149.07; (P) 149.38; (R1) 149.62; More… Intraday bias in USD/JPY remains neutral for the moment. Consolidation from 149.70 could extend further and deeper retreat cannot be ruled out. But near term outlook Read more…
The 10-week decline of the Nasdaq 100 has almost reached a key medium-term support of 14,300. The rising 10-year US Treasury yield is a significant factor that led to the recent decline of the Nasdaq Read more…
The first set of inflation data from the Eurozone countries was mixed. German inflation eased more than expected from 6.4% to 4.3% in September, a level last seen before the war in Ukraine. Base effect Read more…
Market movers today Today we receive euro area inflation figures for September. We expect a decline in headline HICP to 4.4% from 5.3% in August driven by negative energy inflation, lower food prices, and a Read more…
Daily Pivots: (S1) 0.6371; (P) 0.6402; (R1) 0.6458; More… Intraday bias in AUD/USD is turned neutral as it rebounded strongly after hitting 0.6330. But as long as 0.6510 resistance holds, another decline is still expected. Read more…
Daily Pivots: (S1) 1.3466; (P) 1.3491; (R1) 1.3511; More…. No change in USD/CAD as consolidation from 1.3378 is extending. Intraday bias stays neutral. Further decline remains mildly in favor. Break of 1.3378 will resume the Read more…
Daily Pivots: (S1) 0.9655; (P) 0.9671; (R1) 0.9682; More… Intraday bias in EUR/CHF remains neutral for consolidation below 0.9691. Further rally will stay in favor as long as 0.9617 support holds. Above 0.9691 will resume Read more…