Daily Pivots: (S1) 1.6061; (P) 1.6101; (R1) 1.6163; More… Intraday bias in EUR/AUD stays neutral at this point. Strong rebound from 1.5996 support, followed by 1.6184 minor resistance, will indicate short term bottoming. Intraday bias Read more…
Daily Pivots: (S1) 0.9376; (P) 0.9399; (R1) 0.9431; More…. Range trading continues in EUR/CHF and intraday bias remains neutral first. On the downside, break of 0.9305 will resume the fall from 0.9579 to retest 0.9209 Read more…
Global headlines were shaken yesterday by the news that Israel is considering striking Iran’s oil facilities, and that Joe Biden may let Israel do it. This comes after Iran’s latest attack, which was in response Read more…
In focus today This week’s most important macro release, the US September Jobs Report, is due at 14.30 CET. We forecast non-farm payrolls growth at +160k, slightly above consensus. We foresee average hourly earnings growth Read more…
Daily Pivots: (S1) 1.1008; (P) 1.1030; (R1) 1.1052; More…. Intraday bias in EUR/USD remains neutral, with focus on 1.1001 cluster support (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Strong rebound from this level will Read more…
Daily Pivots: (S1) 1.3050; (P) 1.3166; (R1) 1.3241; More… GBP/USD’s fall from 1.3433 short term top is in progress. Intraday bias remains on the downside for deeper decline. But strong support is expected from 1.3000 Read more…
Daily Pivots: (S1) 0.8499; (P) 0.8521; (R1) 0.8551; More… Intraday bias in USD/CHF stays neutral as range trading continues. On the upside, firm break of 0.8548 will argue that it’s correcting whole fall from 0.9223. Read more…
Daily Pivots: (S1) 146.37; (P) 146.80; (R1) 147.40; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.57 short term bottom is in progress for 38.2% retracement of 161.94 to 139.57 at Read more…
Daily Pivots: (S1) 1.3508; (P) 1.3534; (R1) 1.3581; More… Intraday bias in USD/CAD is back on the upside as rebound from 1.3418 resumed by breaking through 1.3538. Further rally would be seen to 1.3646 resistance. Read more…
Daily Pivots: (S1) 0.6818; (P) 0.6853; (R1) 0.6877; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is still in favor as long as 0.6823 resistance turned support holds. Above 0.6941 will Read more…