Daily Pivots: (S1) 0.9525; (P) 0.9552; (R1) 0.9578; More…. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9579 temporary top. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 Read more…
EURUSD flirts with 8-month high again Remains well above the long-term symmetrical triangle 50- and 200-day SMAs ready for bullish cross Momentum oscillators confirm upside move EURUSD has been in a bullish move, especially after Read more…
Markets Last week’s US eco data failed to settle the debate on the outcome of the September FOMC meeting. Money markets initially added to 50 bps rate cut bets on slightly below consensus PPI numbers, Read more…
The week starts on a mixed note in Asia, after major US indices recorded their best week since last October and boosted appetite in global risk markets. A softer-than-expected CPI read in the US combined Read more…
In focus today This week starts rather quietly on the data release front. The only event in our calendar is Fed’s Waller (voting member) speaking this afternoon. The Democratic National Convention kicks off today, and Read more…
Daily Pivots: (S1) 1.3658; (P) 1.3698; (R1) 1.3717; More… USD/CAD’s decline from 1.3946 continues today and intraday bias stays on the downside for 1.3588 support. On the upside, above 1.3737 minor resistance will turn intraday Read more…
Daily Pivots: (S1) 0.6628; (P) 0.6650; (R1) 0.6691; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6348 is in progress. Further rally would be seen to retest 0.6798 resistance next. On Read more…
Daily Pivots: (S1) 0.8636; (P) 0.8685; (R1) 0.8710; More….. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.8616 support will indicate rejection by 38.2% retracement of 0.9223 to 0.8431 Read more…
Daily Pivots: (S1) 1.2879; (P) 1.2913; (R1) 1.2979; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3043 high. Firm break there will resume whole rise from 1.2998 to 61.8% projection of 1.2298 Read more…
Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. Intraday bias in EUR/USD is back on the upside as rise from 1.0665 is resuming through 1.1046. Firm break of 100% projection of 1.0665 to 1.0947 Read more…