Daily Pivots: (S1) 0.8636; (P) 0.8651; (R1) 0.8667; More…. Intraday bias in EUR/GBP remains mildly on the upside for retesting 0.8700/4 resistance zone. Decisive break there will carry larger bullish implications. Nevertheless, break of 0.8614 Read more…
Daily Pivots: (S1) 1.6654; (P) 1.6680; (R1) 1.6715; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. But outlook is unchanged that correction from 1.7062 has completed at 1.6319. Above 1.6704 will Read more…
Daily Pivots: (S1) 0.9435; (P) 0.9504; (R1) 0.9551; More… EUR/CHF recovers notably today but outlook stays bearish with 0.9557 resistance intact. Current fall is part of the whole down trend from 1.0095. Next target is Read more…
GBP/USD started a fresh decline from the 1.2335 resistance zone. EUR/GBP is rising and might climb above the 0.8665 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is again declining and Read more…
Markets There were signs on Friday that Israel was preparing for an imminent ground invasion in Gaza City, upscaling the conflict into an outright war. With the weekend looming, markets sought shelter in core bonds. Read more…
CHF was the top-performing currency among the USD pairs in the past five days. An uptick in geopolitical risk premium has reinforced CHF’s safe haven status. CHF/JPY short-term and major uptrend phases remain intact with Read more…
The first set of bank results released last Friday looked good, although the outlook remained dark and cloudy. Together, JP Morgan, Citi and Wells Fargo posted a Q3 profit – which soared by around 34% Read more…
Market movers today A quiet start to the week on the data front, with only US Empire Manufacturing index due for release. The Fed’s Harker (voter, dove) is scheduled to speak on economic outlook in Read more…
Daily Pivots: (S1) 1.0483; (P) 1.0521; (R1) 1.0545; More… Intraday in EUR/USD remains on the downside for retesting 1.0447. Firm break there will resume whole fall from 1.1274 and target 1.0199 fibonacci level. On the Read more…
Daily Pivots: (S1) 1.2104; (P) 1.2164; (R1) 1.2206; More Intraday bias in GBP/USD stays on the downside for retesting 1.2036 low. Firm break will resume whole decline from 1.3141 for 1.1801 support next. On the Read more…