Swiss KOF Economic Barometer fell from 102.7 to 101.0 in July, missing the expected 102.6. This drop indicates that the Swiss economy is likely to continue growing at a “rather moderate pace” in the near Read more…
The Canadian Dollar (CAD) weakened on Monday as it lagged behind the strengthening US Dollar ahead of the Federal Reserve’s rate decision. This week, the CAD is underrepresented on the economic calendar, making it susceptible Read more…
Daily Pivots: (S1) 197.05; (P) 197.83; (R1) 198.87; More… Intraday bias in GBP/JPY remains neutral as consolidations continue above 195.84. Further decline is expected as long as 55 4H EMA (now at 200.20) holds. On Read more…
Daily Pivots: (S1) 166.11; (P) 166.81; (R1) 167.39; More… Intraday bias in EUR/JPY remains neutral as consolidation continues above 164.81. Further decline is expected as long as 55 4H EMA (now at 168.63) holds. On Read more…
Daily Pivots: (S1) 0.8397; (P) 0.8429; (R1) 0.8446; More…. No change in EUR/GBP’s outlook as consolidation from 0.8382 is extending. Outlook continues to stay bearish with 0.8498 resistance intact. Firm break of 0.8382 will resume Read more…
Daily Pivots: (S1) 1.6498; (P) 1.6545; (R1) 1.6571; More… Intraday bias in EUR/AUD stays neutral as consolidation from 1.6642 is extending. Further rally is expected as long as 1.6384 support holds. Corrective fall from 1.7062 Read more…
Daily Pivots: (S1) 0.9569; (P) 0.9587; (R1) 0.9606; More…. Intraday bias in EUR/CHF remains neutral and more consolidations would be seen above 0.9159. Further decline is expected as long as 0.9641 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.3824; (P) 1.3845; (R1) 1.3872; More… USD/CAD’s breach of 1.3858 suggests that rise from 1.3176 is resuming. Intraday bias is back on the upside. Next target is 61.8% projection of 1.3176 to Read more…
Daily Pivots: (S1) 0.6526; (P) 0.6547; (R1) 0.6570; More… AUD/USD is staying in consolidation above 0.6513 and intraday bias remains neutral. Further decline is expected as long as 55 4H EMA (now at 0.6608) holds. Read more…
Daily Pivots: (S1) 153.25; (P) 153.80; (R1) 154.58; More… USD/JPY’s recovery from 151.93 extended higher today but stays below 155.36 support turned resistance. Intraday bias remains neutral and further decline is in favor. On the Read more…