The US economy added 275K new nonfarm jobs last month, significantly more than around 200K new job additions penciled in by analysts. But happily, the unemployment rate unexpectedly rose to 3.9% and wages grew slower Read more…
Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 188.22 will resume the decline from 191.29 to 38.2% retracement of 178.32 to Read more…
Daily Pivots: (S1) 160.26; (P) 161.22; (R1) 161.82; More… Intraday bias in EUR/JPY is back on the downside with breach of 160.54 temporary low. Fall from 163.70 is resuming to 38.2% retracement of 153.15 to Read more…
Daily Pivots: (S1) 0.8491; (P) 0.8520; (R1) 0.8536; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target Read more…
Daily Pivots: (S1) 1.6451; (P) 1.6502; (R1) 1.6562; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed Read more…
Daily Pivots: (S1) 0.9581; (P) 0.9596; (R1) 0.9615; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9630 is extending. As long as 0.9510 support holds, further rally is still expected. On the upside, Read more…
In focus today Today is a relatively quiet day on the global data front. In Denmark, CPI inflation is released for February. We expect that inflation decreased to 1.0% y/y in February from 1.2% y/y Read more…
Daily Pivots: (S1) 1.0911; (P) 1.0946; (R1) 1.0974; More… Intraday bias is EUR/USD remains on the upside at this point. Fall from 1.1138 could have completed at 1.0694, as a correction to rise from 1.0447. Read more…
Daily Pivots: (S1) 1.2809; (P) 1.2852; (R1) 1.2902; More… Intraday bias in GBP/USD remains on the upside at tis point. Current rise is part of the rally from 1.2063, and should target 61.8% projection of Read more…
Daily Pivots: (S1) 0.8743; (P) 0.8764; (R1) 0.8797; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have Read more…