Daily Pivots: (S1) 0.9618; (P) 0.9634; (R1) 0.9648; More… EUR/CHF is still extending the consolidation from 0.9651 and intraday bias stays neutral. Further rally is in favor as long as 0.9564 minor support holds. Above Read more…
Daily Pivots: (S1) 1.0644; (P) 1.0685; (R1) 1.0709; More… Intraday bias in EUR/USD stays neutral with focus on 55 4H EMA (now at 1.0657). Further rise is in favor as long as this EMA holds. Read more…
Daily Pivots: (S1) 1.2187; (P) 1.2248; (R1) 1.2283; More GBP/USD’s break of 55 4H EMA (now at 1.2246) argues that corrective recovery from 1.2036 has completed with three waves up to 1.2426. That came after Read more…
Daily Pivots: (S1) 0.8992; (P) 0.9017; (R1) 0.9053; More…. Intraday bias in USD/CHF remains neutral for the moment, as it’s still bounded in range of 0.8952/9111. On the downside, below 0.8952 will target a test Read more…
Daily Pivots: (S1) 150.94; (P) 151.17; (R1) 151.56; More… USD/JPY is still bounded in consolidation from 151.69 and intraday bias remains neutral first. Another falling leg could be seen but further rally is expected as Read more…
Daily Pivots: (S1) 1.3763; (P) 1.3790; (R1) 1.3833; More… Intraday bias in USD/CAD stays mildly on the upside, as rebound from 1.3627 is in progress. Further rally should be seen to retest 1.397 resistance. On Read more…
Gold price is correcting gains below the $1,980 support. Crude oil prices declined heavily below the $80.00 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price Read more…
Markets After further bond gains post the softer than expected US data last week, sentiment changed course yesterday. Several ECB speakers including Vice President de Guindos warned that it’s premature to open the debate on Read more…
Bad. Yesterday’s 30-year treasury auction in the US was bad. And this time, the bad auction got the anticipated reaction. The US Treasuries saw a sharp selloff – especially in the 20 and 30-year papers. Read more…
Market movers today This morning, focus turns to the release of UK monthly GDP figures for September and likewise the preliminary Q3 figure. Consensus expects the monthly figure at 0.0% m/m (down from 0.2% in Read more…