Major stock indices across Europe and US were up on Thursday, after a few good-looking earnings across both continents including Hermes, Barclays, Unilever and Renault in Europe and Tesla and UPS in the US, gave Read more…
In focus today and over the weekend Today, focus turns to the German Ifo growth indicator for October. The Ifo survey is more extensive than the PMIs and it will be very interesting to see Read more…
Daily Pivots: (S1) 1.0789; (P) 1.0810; (R1) 1.0848; More… Intraday bias in EUR/USD is turned neutral with a temporary low formed at 1.0760. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 Read more…
Daily Pivots: (S1) 1.2928; (P) 1.2958; (R1) 1.3007; More… Intraday bias in GBP/USD is turned neutral with a temporary low formed at 1.2906. Further decline is expected as long as 1.3070 resistance holds. Below 1.2906 Read more…
Daily Pivots: (S1) 0.8646; (P) 0.8662; (R1) 0.8674; More… Intraday bias in USD/CHF is turned neutral as a temporary top is formed at 0.8685, ahead of 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Considering Read more…
Daily Pivots: (S1) 151.30; (P) 152.07; (R1) 152.58; More… Intraday bias in USD/JPY is turned neutral as a temporary top was formed at 153.17, ahead of 61.8% retracement of 161.94 to 139.57 at 153.39. Considering Read more…
Daily Pivots: (S1) 1.3823; (P) 1.3846; (R1) 1.3879; More… Intraday bias in USD/CAD stays on the upside at this point. Current rally from 1.3418 is in progress for retesting 1.3946/76 key resistance zone. Strong resistance Read more…
Daily Pivots: (S1) 0.6620; (P) 0.6641; (R1) 0.6660; More… Intraday bias in AUD/USD remains on the downside for the moment. Firm break of 0.6621 support should confirm near term bearish reversal after topping at 0.6941. Read more…
Dollar has started to ease after a strong rally this week, alongside US Treasury yields. While the greenback is consolidating gains against European majors and Yen, there’s little indication of a substantial pullback for now. Read more…
Key insights from the week that was. In the absence of any major data or events in Australia this week, markets continued to ponder the likely timing and shape of the RBA’s easing cycle, eventually Read more…