AUDUSD holds within trading range Prices rise above SMAs RSI indicates more gains AUDUSD is surging after the rebound off the 0.6475 support level, surpassing the simple moving averages (SMAs) and extending its move towards Read more…
WTI futures in a steady advance since early December Posted a fresh 5-month peak before paring some gains Oscillators point to overbought conditions WTI oil futures (May delivery) have been in a slow but constant recovery from their December bottom of 67.97, Read more…
The dollar index remains in red for the third straight day and extend pullback from new multi-week high (104.83). Fresh bears pressure pivotal supports at 103.84/80 (Fibo 38.2% of 102.26/104.83 / top of thick daily Read more…
Daily Pivots: (S1) 190.93; (P) 191.44; (R1) 192.45; More….. Break of 191.65 minor resistance suggests that GBP/JPY’s pullback from 193.51 has completed at 190.02 already. Intraday bias is back on the upside for retesting 193.51 Read more…
Daily Pivots: (S1) 163.51; (P) 163.96; (R1) 164.85; More… Breach of 164.40 resistance argues that EUR/JPY’s pull back from 165.33 has completed at 162.59 already. Intraday bias is back on the upside for retesting 165.33. Read more…
Daily Pivots: (S1) 0.8553; (P) 0.8568; (R1) 0.8579; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has Read more…
Daily Pivots: (S1) 1.6474; (P) 1.6519; (R1) 1.6548; More.. Immediate focus is now on 1.6439 support in EUR/AD with current fall. Firm break there will argue that whole rebound from 1.6127 has completed, and turn Read more…
Daily Pivots: (S1) 0.9766; (P) 0.9786; (R1) 0.9804; More… EUR/CHF’s rally resumed by breaking through 0.9818 resistance and intraday bias is back on the upside. Current rally from 0.9252 would target 38.2% projection of 0.9304 Read more…
Swiss CPI was flat month-over-month in March, below expectation of 0.3% mom. Core CPI (excluding fresh and seasonal products, energy and fuel) rose 0.1% mom. Domestic products prices fell -0.2% mom. Imported products pries rose Read more…
Markets It’s been a rollercoaster ride for US Treasuries so far this week. (Easter) Monday’s consensus-beating, growth-signaling, manufacturing ISM triggered a fierce sell-off. The move continued on Tuesday with rallying oil prices (Brent $90/b; see Read more…