Daily Pivots: (S1) 151.68; (P) 152.03; (R1) 152.62; More… USD/JPY’s rally from 139.57 resumed after brief consolidations and intraday bias is back on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at Read more…
Daily Pivots: (S1) 1.2946; (P) 1.2972; (R1) 1.2989; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations could be seen above 1.2906 temporary low. Further decline is expected as long Read more…
Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8679; More… USD/CHF’s rally from 0.8374 resumed after brief consolidations, and intraday bias is back on the upside. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at Read more…
Markets Core bond yields ended the week higher. German bond yields added between 1.2 (30-yr) and 4 bps (2-yr). Bunds initially underperformed US Treasuries before the latter suffered from a late-session swoon. US yields swapped Read more…
In focus this week Today will be quiet on the data front, with no major releases scheduled This week is expected to be calm before the storm of the US election. On Tuesday we will Read more…
Daily Pivots: (S1) 0.6588; (P) 0.6617; (R1) 0.6634; More… Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 is in progress for 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Read more…
Daily Pivots: (S1) 1.3854; (P) 1.3876; (R1) 1.3914; More… USD/CAD’s rise from 1.3418 is in progress and intraday bias stays on the upside for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up Read more…
It was a great week to be Jensen Huang, the CEO and co-founder of chip giant Nvidia (NVDA) . His company’s shares, at $141.54 on Friday, were up a solid 2.6% on the week and Read more…
Daily Pivots: (S1) 163.98; (P) 164.39; (R1) 164.83; More…. EUR/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rally from 154.40 should target 61.8% retracement of 175.41 to 154.40 Read more…
Yen suffered broad-based selloff during an otherwise quiet Asian session, following the weekend’s indecisive snap election that left Japan without a clear governing party. In contrast, Dollar emerged as the main beneficiary despite its own Read more…