Daily Pivots: (S1) 1.6540; (P) 1.6584; (R1) 1.6616; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has Read more…
Daily Pivots: (S1) 0.9517; (P) 0.9538; (R1) 0.9548; More… Intraday bias in EUR/CHF is turned neutral again with current retreat. Considering loss of momentum as seen in 4H MACD, in case of another rise, upside Read more…
Daily Pivots: (S1) 1.0830; (P) 1.0848; (R1) 1.0863; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) Read more…
Daily Pivots: (S1) 1.2665; (P) 1.2681; (R1) 1.2702; More… Intraday bias in GBP/USD stays neutral at this point and outlook is unchanged. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 Read more…
Daily Pivots: (S1) 0.8776; (P) 0.8794; (R1) 0.8803; More…. USD/CHF’s consolidation from 0.8884 continues and intraday bias stays neutral for the moment. With 0.8727 resistance turned support intact, further rally is expected. On the upside, Read more…
Daily Pivots: (S1) 150.17; (P) 150.44; (R1) 150.81; More… Intraday bias in USD/JPY stays neutral as sideway trading continues. In case of deeper retreat, downside should be contained by 148.79 resistance turned support to bring Read more…
Daily Pivots: (S1) 1.3496; (P) 1.3518; (R1) 1.3550; More… Intraday bias in USD/CAD remains neutral for the moment, as sideway trading continues. With 1.3357 support intact, further rally is expected. On the upside, break of Read more…
Daily Pivots: (S1) 0.6527; (P) 0.6542; (R1) 0.6560; More… AUD/USD’s break of 0.6520 minor support suggests that corrective rebound from 0.6442 haws completed at 0.6594 already, after rejection by 55 D EMA. Intraday bias is Read more…
Staying the course The RBNZ left the OCR at 5.5%. The forward profile was lowered, and now implies around a 40% chance of a further OCR increase (down from 75% previously) and is in line Read more…
New Zealand central bank, RBNZ maintained its OCR at 5.50% but surprised markets with lower OCR forecasts for 2024 and 2025. A less hawkish RBNZ has triggered a sell-off in the Kiwi (-1% intraday against Read more…