Daily Pivots: (S1) 1.6027; (P) 1.6072; (R1) 1.6126; More… Intraday bias in EUR/AUD is turned neutral first with 4H MACD crossed above signal line. Strong rebound from 1.5996 support, followed by 1.6184 minor resistance, will Read more…
Daily Pivots: (S1) 0.9324; (P) 0.9379; (R1) 0.9424; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the downside, break of 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. On Read more…
Daily Pivots: (S1) 1.1028; (P) 1.1086; (R1) 1.1127; More…. Intraday bias in EUR/USD remains neutral first and more consolidations would be seen below 1.1213 short term top. Nevertheless, further rally is still expected 1.1001 cluster Read more…
Daily Pivots: (S1) 142.85; (P) 143.69; (R1) 144.41; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, below 141.63 will target 139.57 low. But strong support could be seen again Read more…
Daily Pivots: (S1) 1.3218; (P) 1.3304; (R1) 1.3370; More… Intraday bias in GBP/USD remains neutral for the moment. Another rally is still in favor as long as 1.3265 resistance turned support holds. Above 1.3433 will Read more…
Daily Pivots: (S1) 0.8438; (P) 0.8460; (R1) 0.8488; More… No change in USD/CHF’s outlook as range trading continues and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 Read more…
Daily Pivots: (S1) 0.6848; (P) 0.6892; (R1) 0.6926; More… A temporary top was formed at 0.6941 with current retreat and intraday bias in AUD/USD is turned neutral first. Further rally is expected as long as Read more…
Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave structure. Up from wave 1, Read more…
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 bps (30-yr) lower. The curve move was at least partly inspired by technical reasons (acceleration after losing support from August Read more…
First, the US east and gulf ports went on a strike on Tuesday, as expected. It will cause supply disruptions and increase the price pressures before November presidential elections. And we know from the beginning Read more…