Daily Pivots: (S1) 143.02; (P) 143.74; (R1) 144.32; More… Further rally is still expected in USD/JPY. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the Read more…
Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 Read more…
Daily Pivots: (S1) 0.8449; (P) 0.8484; (R1) 0.8510; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral at this point. On the downside, break of 0.8374 will resume the fall Read more…
Markets Horrible European PMI business confidence (September) triggered a textbook bull steepening. German rates dropped between -2.8 (30-yr) and -8.1 (2-yr) bps. The spread between the 10-yr and 2-yr hit a milestone by turning positive Read more…
Daily Pivots: (S1) 0.6806; (P) 0.6830; (R1) 0.6862; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6348 is in progress. Next target is 61.8% projection of 0.6348 to 0.6823 from 0.6621 Read more…
Daily Pivots: (S1) 1.3493; (P) 1.3538; (R1) 1.3588; More… USD/CAD’s break of 1.3532 support suggests that corrective recovery from 1.3439 has completed at 1.3646 already, after rejection by falling 55 D EMA. Intraday bias is Read more…
Daily Pivots: (S1) 0.9385; (P) 0.9443; (R1) 0.0.9476; More…. A temporary top is formed at 0.9502 with current retreat and intraday bias in EUR/CHF is turned neutral first. On the upside, above 0.9502 will resume Read more…
Daily Pivots: (S1) 190.41; (P) 191.42; (R1) 192.71; More… No change in GBP/JPY’s outlook and intraday bias stays on the upside. Rise from 183.70, as the third leg of the corrective pattern from 180.00, is Read more…
Daily Pivots: (S1) 158.68; (P) 159.93; (R1) 160.82; More…. A temporary top is formed at 161.17with current retreat and intraday bias is turned neutral first. Some consolidations could be seen first but another rally is Read more…
Daily Pivots: (S1) 0.8302; (P) 0.8345; (R1) 0.8366; More… Intraday bias in EUR/GBP remains on the downside as recent down trend continues. Decisive break of 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324 Read more…