Markets The European September PMIs of last Friday suggest a 0.4% economic contraction in the running quarter but they came with a minor silver lining. The destocking process in manufacturing could bottom in the next Read more…
Daily Pivots: (S1) 181.10; (P) 181.71; (R1) 182.20; More… Intraday bias in GBP/JPY remains neutral for the moment, and some more consolidations could be seen above 180.78. But further decline is expected as long as Read more…
Daily Pivots: (S1) 0.8672; (P) 0.8686; (R1) 0.8711; More…. Intraday bias in EUR/GBP remains on the upside with focus on 0.8700 resistance. Decisive break there carry larger bullish implication and bring stronger rally to 0.8874 Read more…
Daily Pivots: (S1) 1.6453; (P) 1.6545; (R1) 1.6622; More… Intraday bias in EUR/AUD remains neutral as sideway trading continues. On the downside, break of 1.6452 will resume the fall from 1.7062, as a larger scale Read more…
Daily Pivots: (S1) 0.9631; (P) 0.9649; (R1) 0.9673; More… Intraday bias in EUR/CHF stays on the upside at this point. Rise from 0.9513 should continue to rally to 38.2% retracement of 1.0095 to 0.9513 at Read more…
Daily Pivots: (S1) 1.0616; (P) 1.0644; (R1) 1.0673; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, sustained break of 1.0609/34 cluster support will carry larger bearish implication. Fall from 1.1274 Read more…
Daily Pivots: (S1) 1.2213; (P) 1.2257; (R1) 1.2284; More… Intraday bias in GBP/USD remains on the downside for the moment. Current fall from 1.3141 is in progress for 1.2075 fibonacci level. On the upside, above Read more…
Daily Pivots: (S1) 147.77; (P) 148.10; (R1) 148.70; More… Intraday bias in USD/JPY is back on the upside a recent rally is trying to resume. Rise from 127.20 should target 151.93 high. However, firm break Read more…
Daily Pivots: (S1) 0.9044; (P) 0.9060; (R1) 0.9086; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rise from 0.8551 is in progress for 0.9146/60 cluster resistance. On the downside, break Read more…
Daily Pivots: (S1) 1.3441; (P) 1.3466; (R1) 1.3509; More…. Intraday bias in USD/CAD remains neutral as consolidation from 1.3378 is extending. Risk will stay on the downside as long as 1.3548 resistance holds. Break of Read more…