Daily Pivots: (S1) 155.12; (P) 155.54; (R1) 155.91; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Rebound from 151.86 is seen as the second leg of the corrective pattern from Read more…
Daily Pivots: (S1) 0.6583; (P) 0.6603; (R1) 0.6639; More… Intraday bias in AUD/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 0.6570) holds. Above 0.6645 Read more…
Daily Pivots: (S1) 1.3651; (P) 1.3699; (R1) 1.3723; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, break of 1.3782 resistance will argue that correction from 1.3845 has completed with three Read more…
Daily Pivots: (S1) 0.9754; (P) 0.9764; (R1) 0.9778; More… Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk Read more…
Daily Pivots: (S1) 167.00; (P) 167.38; (R1) 168.01; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58. Read more…
Daily Pivots: (S1) 194.08; (P) 194.48; (R1) 195.11; More.. GBP/JPY’s rebound from 191.34 is still in progress and intraday bias stays on the upside. This rebound is seen as the second leg of the corrective Read more…
Daily Pivots: (S1) 1.6260; (P) 1.6307; (R1) 1.6335; More… Intraday bias in EUR/AUD remains neutral for the moment. Further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the Read more…
Daily Pivots: (S1) 0.8593; (P) 0.8607; (R1) 0.8623; More… Intraday bias in EUR/GBP stays mildly on the upside at this point, and further rally could be seen to 0.8643 resistance. Firm break there will resume Read more…
Sterling remains one of the weakest performers this week, despite lack of strong selling momentum. BoE Chief Economist Huw Pill reaffirmed the market’s expectations that the central bank would start to consider interest rate cuts Read more…
New Zealand BusinessNZ Performance of Manufacturing Index rose from 46.8 to 48.9 in April. Despite this improvement, the sector remains in contraction for the 14th consecutive month. Breaking down the components of the index, there Read more…