WTI futures decline after rejection at 50-day SMA Found their feet around the 80.00 handle, forming potential double bottom Momentum indicators deep in the negative zone WTI oil futures (December delivery) have been on the retreat since their Read more…
Daily Pivots: (S1) 182.81; (P) 183.57; (R1) 184.18; More… Intraday bias in GBP/JPY is turned neutral with current retreat and some consolidations could be seen. But further rise is expected as long as 180.74 support Read more…
Daily Pivots: (S1) 158.95; (P) 159.69; (R1) 160.32; More…. Intraday bias in EUR/JPY is turned neutral with current retreat. Some consolidations could be seen below 160.84 but outlook will stay bullish as long as 157.67 Read more…
Daily Pivots: (S1) 0.8684; (P) 0.8698; (R1) 0.8714; More…. Intraday bias in EUR/GBP remains neutral for the moment as consolidation from 0.8752 is extending. In case of deeper retreat, downside should be contained by 55 Read more…
Daily Pivots: (S1) 1.6448; (P) 1.6587; (R1) 1.6671; More… EUR/AUD’s strong break of 1.6550 support argues that corrective rebound from 1.6843 has completed. Also, fall from 1.7062 might be ready to resume. Intraday bias is Read more…
Daily Pivots: (S1) 0.9567; (P) 0.9598; (R1) 0.9629; More… Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations could be seen first. But another rise is mildly in favor as long as Read more…
Markets US Treasuries secured significant gains yesterday in a three-stage rally. The US Treasury Department ignited the move with the publication of the quarterly refunding statement. The total increase of auction sizes in the November-through-January Read more…
Swiss CPI rose 0.1% mom in October, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) rose 0.1% mom. Domestic products prices was flat at 0.0% mom. Imported products prices rose 0.3% Read more…
Daily Pivots: (S1) 0.6341; (P) 0.6371; (R1) 0.6423; More… AUD/USD’s break of 0.6398 resistance indicates short term bottoming at 0.6398. Intraday bias is back on the upside for rebound to 0.6510 cluster resistance (38.2% retracement Read more…
Daily Pivots: (S1) 1.3832; (P) 1.3865; (R1) 1.3890; More… USD/CAD retreated quickly after edging higher to 1.3897 and intraday bias is turned neutral again. Downside of retreat should be contained by 1.3739 support to bring Read more…