Markets Friday’s US payrolls and ISM missed expectations and reinforced last week’s correction. The US economy in October ‘only’ added 150k jobs vs 180k expected (101k downward revision for August & September). There was some Read more…
Daily Pivots: (S1) 183.75; (P) 184.39; (R1) 185.54; More… Intraday bias in GBP/JPY remains on the upside, as rise from 178.02 is in progress. Further rally should be seen to retest 186.75 resistance. Decisive break Read more…
Daily Pivots: (S1) 159.79; (P) 160.10; (R1) 160.59; More…. Intraday bias in EUR/JPY remains neutral and consolidation from 160.84 could extend further. While another dip cannot be ruled out, outlook will stay bullish as long Read more…
Daily Pivots: (S1) 0.8647; (P) 0.8685; (R1) 0.8705; More…. Price actions from 0.8752 are seen as correcting whole rally from 0.8491. Intraday bias stays mildly on the downside for 38.2% retracement of 0.8491 to 0.8752 Read more…
Daily Pivots: (S1) 1.6450; (P) 1.6492; (R1) 1.6518; More… Intraday bias in EUR/AUD remains on the downside for retesting 1.6319 support first. Sustained break there will resume the fall from 1.7062, and target 100% projection Read more…
Daily Pivots: (S1) 0.9627; (P) 0.9638; (R1) 0.9661; More… Further rally is expected in EUR/CHF as long as 0.9564 minor support holds. Current rebound from 0.9416 should target 0.9691 resistance first. Firm break there will Read more…
Aussie is bearish since start of the year, with a higher degree A-B-C decline that can be coming into some important support at the 78.6% Fib level shown on daily chart. In fact, notice that Read more…
The excellent combo of lower-than-expected US NFP, weaker-than-expected wages growth and the unemployment rate at an almost two-year high sent another wave of optimism to the financial markets on Friday that the Federal Reserve (Fed) Read more…
Market movers today Today will be a quiet day on the data front with no market movers except some tier-2 data points from the Sentix investor confidence indicator in the euro area and service PMIs Read more…
Daily Pivots: (S1) 0.6449; (P) 0.6484; (R1) 0.6547; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 0.6510 cluster resistance (38.2% retracement of 0.6894 to 0.6269 at 0.6508) will Read more…