Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Current fall form 0.9928 should target 100% projection of 0.9928 to 0.94767 from 0.9772 at Read more…
USDCHF’s retreat continues with a new 6-month low recorded Downtrend from early May high is in place Momentum indicators acknowledge the bearish pressure USDCHF is trading sideways today, a tad above the 0.8699 level and Read more…
Short Term Elliott Wave in Nikkei (NKD) suggests the Index shows short term incomplete bearish sequence from 7.10.2024 high favoring further downside. Decline from 7.10.2024 is in progress as a double three Elliott Wave structure. Read more…
Markets And the summer slide continues. Core bond yields yesterday dropped another 2.7-10.8 bps in the US & 4.9-7.8 bps in Germany. The front outperformed after a series of US economic data disappointed across the Read more…
Swiss CPI fell -0.2% mom in July, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) fell -0.3% mom. Domestic product prices rose 0.2% mom. Imported products prices fell -1.3% mom. For Read more…
Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. Further decline is expected in EUR/USD as long as 1.0869 resistance holds. Current development suggests that rebound from 1.0601 has completed with three waves up to Read more…
Daily Pivots: (S1) 1.2830; (P) 1.2847; (R1) 1.2873; More… GBP/USD’s fall from 1.3043 is in progress and intraday bias stays on the downside. Rise from 1.2298 could have completed at 1.3043 already. Deeper fall would Read more…
Daily Pivots: (S1) 0.8753; (P) 0.8797; (R1) 0.8823; More… No change in USD/CHF’s outlook as intraday bias stays on the downside. Current fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 Read more…
Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… No change in USD/JPY’s outlook and intraday bias stays on the downside at this point. Strong support could be seen from 148.66 fibonacci level to bring Read more…
Daily Pivots: (S1) 0.6496; (P) 0.6526; (R1) 0.6572; More… Intraday bias in AUD/USD remains neutral as consolidations continue above 0.6479 temporary low. Outlook will stay bearish as long as 0.6609 minor resistance holds, and further Read more…