The New Year unsurprisingly kicked off with a hangover for both stock and bond markets, as investors began the year by closing their positions and taking profit following an impressive two-month rally that was boosted Read more…
In focus today Today we get a string of tier-2 data from the euro area. The most important ones are the euro area retail sales and German factory orders. The euro area November retail sales Read more…
Daily Pivots: (S1) 183.43; (P) 183.87; (R1) 184.41; More… Intraday bias in GBP/JPY stays neutral first. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has completed and Read more…
Daily Pivots: (S1) 157.87; (P) 158.43; (R1) 158.82; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. But rise will stay on the upside as long as 155.06 support holds. On the Read more…
Daily Pivots: (S1) 0.8590; (P) 0.8613; (R1) 0.8625; More… Intraday bias in EUR/GBP stays on the downside for the moment. Deeper decline should be seen to 0.8548 support first. Firm break there will target 0.8491 Read more…
Daily Pivots: (S1) 1.6259; (P) 1.6322; (R1) 1.6356; More.. Intraday bias in EUR/AUD remains mildly on the upside for the moment. Rebound from 1.6127 short term bottom would target 1.6478 resistance. Firm break there will Read more…
Daily Pivots: (S1) 0.9284; (P) 0.9308; (R1) 0.9328; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9252 is extending. While another recovery cannot be ruled out, outlook will stay bearish as long as Read more…
Daily Pivots: (S1) 1.0881; (P) 1.0939; (R1) 1.1002; More… Intraday bias in EUR/USD remains neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 Read more…
Daily Pivots: (S1) 1.2630; (P) 1.2701; (R1) 1.2789; More… Intraday bias in GBP/USD is mildly on the upside for retesting 1.2826 high. Decisive break there will resume whole rally from 1.2036. Nevertheless, another fall and Read more…
Daily Pivots: (S1) 0.8447; (P) 0.8512; (R1) 0.8568; More…. Intraday bias in USD/CHF remains neutral for the moment. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as Read more…