A week packed with central bank decisions starts on a mixed note after hotter-than-expected US inflation sent the US 2-year yield around 25bp higher over the week and the 10-year yield spiked past the 4.30% Read more…
In focus today In the euro area, we will keep an eye on the final inflation data for February. The final HICP figures provide insights into the underlying inflation measures tracked by the ECB, while Read more…
Daily Pivots: (S1) 188.94; (P) 189.49; (R1) 190.38; More….. Intraday bias in GBP/JPY remains on the upside at this point. Correction from 191.29 should have completed at 187.94 already. Further rise should be seen to Read more…
Daily Pivots: (S1) 161.40; (P) 161.90; (R1) 162.74; More… Intraday bias in EUR/JPY remains on the upside for the moment. Correction from 163.70 should have completed at 160.20. Further rally would be seen to retest Read more…
Daily Pivots: (S1) 0.8536; (P) 0.8544; (R1) 0.8558; More… Range trading continues in EUR/GBP and intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and Read more…
Daily Pivots: (S1) 1.6542; (P) 1.6576; (R1) 1.6631; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Read more…
Daily Pivots: (S1) 0.9606; (P) 0.9619; (R1) 0.9631; More… Range trading continues in EUR/CHF and intraday bias stays neutral. Another dip cannot be ruled out, but outlook will stay bullish as long as 0.9510 support Read more…
Daily Pivots: (S1) 1.0873; (P) 1.0887; (R1) 1.0900; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.0980 short term top would target 55 D EMA (now at 1.0856). Sustained Read more…
Daily Pivots: (S1) 148.34; (P) 148.75; (R1) 149.47; More… Intraday bias in USD/JPY remains on the upside for the moment. Corrective fall from 150.87 should have completed at 146.47, after drawing support from 38.2% retracement Read more…
Daily Pivots: (S1) 1.2721; (P) 1.2741; (R1) 1.2755; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2892 short term top should target 55 D EMA (now at 1.2673). Read more…