Daily Pivots: (S1) 0.8555; (P) 0.8570; (R1) 0.8578; More… Intraday bias in EUR/GBP stays neutral as range trading continues. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 Read more…
Daily Pivots: (S1) 1.6348; (P) 1.6400; (R1) 1.6431; More.. Intraday bias in EUR/AUD stays on the downside at this point. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the Read more…
Daily Pivots: (S1) 0.9796; (P) 0.9817; (R1) 0.9830; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9847 is extending. Near term outlook will stay bullish as long as 0.9709 support holds. Break of Read more…
Markets The payrolls-effect on core bond yields faded ahead of the important US CPI figures scheduled for release today. US Treasuries recovered, pushing yields between 4.7 and 6.2 bps lower. German rates dropped 3.9 (2y) Read more…
Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3598; More… Intraday bias in USD/CAD remains neutral for the moment. Some consolidations would be seen but further rally is still expected as long as 1.3477 support holds. Read more…
Daily Pivots: (S1) 0.6602; (P) 0.6624; (R1) 0.6649; More… Intraday bias in AUD/USD remains on the upside at this point. Rise from 0.6480 is seen as the third leg of the pattern from 0.6442. Further Read more…
Daily Pivots: (S1) 151.59; (P) 151.76; (R1) 151.96; More… Range trading continues in USD/JPY and intraday bias stays neutral at this point. On the downside, break of 150.80 will turn bias back to the downside Read more…
Daily Pivots: (S1) 0.9011; (P) 0.9038; (R1) 0.9064; More…. Intraday bias in USD/CHF remains neutral and consolidation from 0.9094 is extending. Deeper decline cannot be ruled out, but outlook will stay bullish as long as Read more…
Daily Pivots: (S1) 1.2645; (P) 1.2677; (R1) 1.2709; More… Intraday bias in GBP/USD stays mildly on the upside at this point. Rebound from 1.2538 is in progress for 1.2802 resistance first. On the downside, though, Read more…
In focus today Today’s focus will be on the US March CPI, where we forecast both headline and core inflation at +0.3% m/m SA. Higher oil prices continue to lift headline inflation, but the Fed Read more…