Markets The French/Macron-driven risk-off continued to rage across European markets last Friday. European risk premia again leaped aggressively higher. After a protracted period of underperformance against swap, German Bunds fully picked-up their traditional safe haven Read more…
Daily Pivots: (S1) 1.0666; (P) 1.0705; (R1) 1.0743; More…. Intraday bias in EUR/USD remains on downside at this point. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Deeper decline would Read more…
Daily Pivots: (S1) 1.2640; (P) 1.2702; (R1) 1.2748; More… Intraday bias in GBP/USD remains mildly on the downside. Fall from 1.2859 short term top would target 1.2633 resistance turned support first. Firm break there will Read more…
Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring Read more…
Daily Pivots: (S1) 156.73; (P) 157.50; (R1) 158.23; More… Intraday bias in USD/JPY is turned neutral first with current retreat. Further rally would remain in favor as long as 154.53 support holds. Break of 158.25 Read more…
Daily Pivots: (S1) 0.6590; (P) 0.6617; (R1) 0.6643; More… Intraday bias in AUD/USD remains neutral as range trading continues. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at Read more…
Daily Pivots: (S1) 1.3713; (P) 1.3747; (R1) 1.3766; More… Range trading continues in USD/CAD and intraday bias stays neutral. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 Read more…
Daily Pivots: (S1) 0.9482; (P) 0.9555; (R1) 0.9599; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance Read more…
Daily Pivots: (S1) 167.42; (P) 168.61; (R1) 169.69; More… Intraday bias in EUR/JPY remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 167.43) will extend the fall from Read more…
Daily Pivots: (S1) 198.57; (P) 200.09; (R1) 201.27; More… Intraday bias in GBP/JPY remains neutral for the moment, and some consolidations could be seen below 201.59. Further rally is expected as long as 197.18 support Read more…