Eurozone PMI Services was finalized at 51.9 in July, down from June’s 52.8, a 4-month low. PMI Composite was finalized at 50.2, down from June’s 50.9, a 5-month low. These figures indicate a slowing economy Read more…
Daily Pivots: (S1) 186.37; (P) 188.64; (R1) 189.89; More… In the bigger picture, fall from 208.09 medium term top is seen as correcting the up trend from 148.93 (2022 low). 38.2% retracement of 148.93 to Read more…
Daily Pivots: (S1) 159.20; (P) 160.40; (R1) 161.09; More… EUR/JPY’s decline continues today and breached 155.91 fibonacci level. There is no sign of bottoming yet and intraday bias remains on the downside. Next target is Read more…
Daily Pivots: (S1) 0.8476; (P) 0.8505; (R1) 0.8551; More…. EUR/GBP’s rally continues today and intraday bias stays on the upside. Sustained break of above falling channel resistance (now at 0.8555) will raise the chance of Read more…
Daily Pivots: (S1) 1.6611; (P) 1.6690; (R1) 1.6836; More… EUR/AUD surges to as high as 1.7189 so far today, and the breach of 1.7062 resistance suggests larger rally resumption. Intraday bias remains on the upside Read more…
Daily Pivots: (S1) 0.9330; (P) 0.9385; (R1) 0.9415; More…. EUR/CHF dives through 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320 today. Breach of 0.9252 low argues that larger down trend might be resuming. Read more…
Daily Pivots: (S1) 1.3841; (P) 1.3866; (R1) 1.3899; More… USD/CAD’s rally continues today and intraday bias stays on the upside. Current rise from 1.3176 should target r 61.8% projection of 1.3176 to 1.3845 from 1.3588 Read more…
Daily Pivots: (S1) 0.6483; (P) 0.6515; (R1) 0.6543; More… AUD/USD’s fall from 0.6798 resumed by falling through 0.6479 temporary low and intraday bias is back on the downside. 0.6361 support is already breached but there Read more…
Daily Pivots: (S1) 1.0820; (P) 1.0873; (R1) 1.0965; More….. Intraday bias in EUR/USD remains on the upside for the moment. Decisive break of 1.0947 resistance will resume rise from 1.0665 and target 100% projection of Read more…
Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Intraday bias in GBP/USD remains neutral first and further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support Read more…