Daily Pivots: (S1) 1.6236; (P) 1.6278; (R1) 1.6357; More… A temporary low was formed at 1.6184 with current recovery and intraday bias in EUR/AUD is turned neutral first. But t outlook will remains bearish as Read more…
Daily Pivots: (S1) 0.9421; (P) 0.9465; (R1) 0.9511; More…. Intraday bias in EUR/CHF remains neutral for the moment. Another rally is still in favor as long as 0.9305 support holds. On the upside, above 0.9502 Read more…
Daily Pivots: (S1) 1.1099; (P) 1.1156; (R1) 1.1191; More…. Intraday bias in EUR/USD is turned neutral again with current retreat. Some consolidations would be seen below 1.1213, but further rally is expected as long as Read more…
Daily Pivots: (S1) 1.3281; (P) 1.3355; (R1) 1.3398; More… A temporary top is formed at 1.3429 in GBP/USD and intraday bias is turned neutral first. Some consolidations would be seen but outlook will stay bullish Read more…
Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… No change in USD/CHF’s outlook as range trading continues and intraday bias stays neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 Read more…
Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… USD/JPY’s rebound from 139.57 short term bottom is still in progress and intraday bias stays on the upside. Further rally would be seen to 38.2% retracement Read more…
Daily Pivots: (S1) 1.3439; (P) 1.3466; (R1) 1.3511; More… A temporary low is formed at 1.3418 with current recovery, and intraday bias in USD/CAD is turned neutral first. Some consolidations would be seen first, but Read more…
Markets Core bond yields grinded higher yesterday in a news-poor trading session. With the move both US and German yields recouped most of Tuesday’s intraday losses. Net daily changes varied between +2 bps (2-yr) and Read more…
Germany’s GfK Consumer Climate index for October showed a marginal improvement, rising from -21.9 to -21.2, though falling short of the expected -21.0. Despite the slight uptick, overall consumer sentiment remains weak. Economic expectations dipped Read more…
The global economy is settling into a newfound stability and central banks can continue to cautiously cut rates, said the OECD yesterday, but warned that the major central banks should maintain their data-dependent approach and Read more…