Daily Pivots: (S1) 188.87; (P) 189.48; (R1) 190.50; More… Intraday bias in GBP/JPY remains on the upside for the moment. Next near term target is 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. Read more…
Daily Pivots: (S1) 0.8491; (P) 0.8513; (R1) 0.8526; More… Intraday bias in EUR/GBP remains on the downside at this point. Current fall should be part of the larger down trend and should target 0.8464 projection Read more…
Daily Pivots: (S1) 1.2549; (P) 1.2617; (R1) 1.2661; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, firm break of 1.2691 resistance will affirm the case that correction from 1.2826 has Read more…
UK CPI fell -0.6% mom in January, below expectation of -0.3% mom. Annually, CPI was unchanged at 4.0% yoy, below expectation of 4.1% yoy. Core CPI (excluding energy, food, alcohol and tobacco) was also unchanged Read more…
In focus today This morning at 8:00 CET, UK inflation data for January is expected to rise in y/y terms across the headline, core and services measure. However, focus will be on the monthly seasonally Read more…
Daily Pivots: (S1) 160.97; (P) 161.30; (R1) 161.82; More… Intraday bias in EUR/JPY remains on the upside for retesting 161.84 resistance. Firm break there will confirm resumption of whole rise from 153.15. Next target is Read more…
Daily Pivots: (S1) 1.6521; (P) 1.6566; (R1) 1.6640; More… Intraday bias in EUR/AUD remains neutral as range trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 Read more…
Daily Pivots: (S1) 0.9449; (P) 0.9481; (R1) 0.9531; More… EUR/CHF’s firm break of 0.9471 resistance confirms resumption of rise from 0.9252. Intraday bias stays on the upside for 100% projection of 0.9252 to 0.9471 from Read more…
Daily Pivots: (S1) 1.0674; (P) 1.0736; (R1) 1.0772; More… Intraday bias in EUR/USD remains on the downside development. Current development argues that whole rise from 1.0447 has already finished. Deeper decline would be seen back Read more…
Daily Pivots: (S1) 0.8786; (P) 0.8833; (R1) 0.8919; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rally from 0.8332 should target 100% projection of 0.8332 to 0.8727 from 0.8550 at Read more…