Check back for updates throughout the trading day U.S. equity futures edged higher Wednesday, while moves in the dollar and the Treasury bond market reflected indecision amongst global investors as to how the Federal Reserve Read more…
Markets August US retail sales were supposed to provide final input yesterday as investors concluded their positioning going into today’s Fed policy decision. Overall the report was marginally stronger than expected (headline sales +0.1% vs Read more…
Daily Pivots: (S1) 186.00; (P) 186.73; (R1) 188.17; More… Intraday bias in GBP/JPY remains neutral at this point. Further decline is in favor with 188.08 minor resistance intact. Below 183.70 will resume the fall from Read more…
Daily Pivots: (S1) 156.78; (P) 157.55; (R1) 159.06; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume Read more…
Daily Pivots: (S1) 0.8424; (P) 0.8439; (R1) 0.8460; More… Intraday bias in EUR/GBP remains neutral and consolidation from 0.8399 could extend further. But upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at Read more…
Daily Pivots: (S1) 1.6428; (P) 1.6464; (R1) 1.6488; More… EUR/AUD’s break of 1.6457 support argues that recovery from 1.6256 has completed at 1.6629 already. Intraday bias is back on the downside for 1.6256 support first. Read more…
Daily Pivots: (S1) 0.9393; (P) 0.9407; (R1) 0.9432; More…. Intraday bias in EUR/CHF remains neutral for the moment. With 0.9444 resistance intact, further decline is in favor. On the downside, below 0.9305 will resume the Read more…
Daily Pivots: (S1) 1.1101; (P) 1.1124; (R1) 1.1136; More…. Range trading continues in EUR/USD and intraday bias remains neutral. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume Read more…
Daily Pivots: (S1) 1.3127; (P) 1.3178; (R1) 1.3211; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the Read more…
Daily Pivots: (S1) 0.8443; (P) 0.8460; (R1) 0.8490; More… Intraday bias in USD/CHF stays neutral as range trading continues. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will Read more…