Daily Pivots: (S1) 0.9013; (P) 0.9038; (R1) 0.9088; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.9101 resistance holds. Break of 0.8987 will resume the whole Read more…
Daily Pivots: (S1) 0.6651; (P) 0.6682; (R1) 0.6711; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some consolidations would be seen below 0.6713 temporary top first. But further rally is expected as Read more…
Daily Pivots: (S1) 1.3592; (P) 1.3616; (R1) 1.3643; More… Intraday bias in USD/CAD is turned neutral with current recovery. But further fall is expected as long as 1.3689 resistance holds. Below 1.3589 temporary low will Read more…
Daily Pivots: (S1) 0.9806; (P) 0.9827; (R1) 0.9869; More…. EUR/CHF’s rally from 0.9252 resumed by breaking through 0.9847 resistance. Intraday bias is back on the upside for 61.8% projection of 0.9304 to 0.9847 from 0.9563 Read more…
Daily Pivots: (S1) 0.8572; (P) 0.8580; (R1) 0.8585; More… Intraday bias in EUR/GBP remains on the downside at this point. Further fall should be seen to 0.8529 support. Decisive break there will argue that larger Read more…
Daily Pivots: (S1) 1.6225; (P) 1.6270; (R1) 1.6318; More… Intraday bias in EUR/AUD remains neutral as range trading continues above 1.6216. Further decline is expected with 1.6381 resistance intact. Fall from 1.6742 is seen as Read more…
Daily Pivots: (S1) 167.83; (P) 168.37; (R1) 169.41; More… Intraday bias in EUR/JPY remains neutral at this point. On the upside, break of 169.38 will resume the rebound from 162.26. As the second leg of Read more…
Markets Triggered by Fed chair Powell ruling out a hike, then reinforced by sub-consensus payrolls & ISM’s and by an in-line easing of CPI earlier this week, the US Treasury rally grinded to a halt Read more…
All major US indices advanced to fresh ATH yesterday; the S&P500 and Nasdaq 100 traded at the uncharted territory, while the Dow Jones Industrial index hit the 40’000 mark for the first time – sparking Read more…
In focus today In the euro area, we receive the final euro area inflation data for April. We will especially look out for what drove the still strong service inflation and the measures of domestic Read more…