Daily Pivots: (S1) 1.6602; (P) 1.6643; (R1) 1.6694; More… Range trading continues in EUR/AUD and intraday bias stays neutral at this point. Further rally is expected as long as 1.6550 support holds. Above 1.6843 will Read more…
Daily Pivots: (S1) 0.9536; (P) 0.9560; (R1) 0.9599; More… Intraday bias in EUR/CHF remains on the upside as rebound from 0.9416 is in progress. Sustained break of 55 D EMA (now at 0.9570) will bring Read more…
The Bank of Japan (BoJ) kept interest rates unchanged, redefined the 1% limit on the 10-year JGBP yield as a loose ‘upper bound’ and scrapped its promise to keep that level intact. Alas, the move Read more…
Market movers today Today markets will zoom in on HICP inflation data for the euro area. Country releases from yesterday were somewhat lower than expected indicating the euro area total will end up around 3% Read more…
Daily Pivots: (S1) 1.3802; (P) 1.3838; (R1) 1.3862; More… Intraday bias in USD/CAD is turned neutral with current retreat and some consolidations could be seen. Downside of retreat should be contained above 1.3659 support to Read more…
Daily Pivots: (S1) 0.6344; (P) 0.6364; (R1) 0.6395; More… Intraday bias in AUD/USD stays neutral and outlook remains bearish with 0.6398 resistance intact. On the downside, break of 0.6269 will resume larger fall from 0.7156 Read more…
Daily Pivots: (S1) 1.0566; (P) 1.0596; (R1) 1.0644; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, break of 1.0522 support will turn bias back to the downside for retesting 1.0447 Read more…
Daily Pivots: (S1) 1.2098; (P) 1.2130; (R1) 1.2155; More Intraday bias in GBP/USD remains neutral at this point, as sideway trading continues. With 1.2336 resistance intact, outlook stays bearish. On the downside, firm break of Read more…
Daily Pivots: (S1) 0.8991; (P) 0.9014; (R1) 0.9048; More…. Intraday bias in USD/CHF is turned neutral with 4H MACD crossed below signal line. On the upside, above 0.9047 will resume the rebound from 0.8886 to Read more…
DXY: The DXY chart currently indicates a bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance. The 1st support at 106.02 is considered significant as it aligns with an overlap support Read more…