Month: November 2024

Daily Pivots: (S1) 1.6165; (P) 1.6226; (R1) 1.6267; More… Intraday bias in EUR/AUD stays neutral at this point. For now, risk will stay mildly on the downside as long as 1.6598 holds, in case of Read more…

In October, UK employment data indicated slight weakening in the labor market, with payrolled employees decreasing by -5k or -0.0% mom to a total of 30.4m. Comparing to the same month a year ago, payrolled Read more…

In focus today Today will be light on the data front, with the German ZEW indicator for November only. It will be interesting to see if the improvement in expectations recorded in October continued in Read more…

Daily Pivots: (S1) 0.9367; (P) 0.9383; (R1) 0.9405; More…. EUR/CHF continues to trade inside converging triangle and intraday bias remains neutral. On the downside, break of 0.9331 will target 0.9305 support first. Firm break there Read more…

Daily Pivots: (S1) 1.3903; (P) 1.3927; (R1) 1.3949; More… Sideway trading continues in USD/CAD below 1.3958. Intraday bias stays neutral, but further rise is is expected as long as 1.3822 support holds. On the upside, Read more…

Daily Pivots: (S1) 0.6559; (P) 0.6579; (R1) 0.6594; More… Intraday bias in AUD/USD stays neutral at this point. Further rise is mildly in favor as long as 0.6551 short term bottom holds. Above 0.6687 will Read more…

Daily Pivots: (S1) 152.93; (P) 153.44; (R1) 154.25; More… Intraday bias in USD/JPY remains neutral as sideway trading continues below 154.70. Further rise is expected as long as 151.27 support holds. Above 154.70 will resume Read more…

Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% retracement of 0.9223 to 0.8374 at Read more…

Daily Pivots: (S1) 1.0614; (P) 1.0671; (R1) 1.0713; More… Intraday bias in EUR/USD stays on the downside at this point. Sustained trading below 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656 will extend Read more…

Daily Pivots: (S1) 1.2841; (P) 1.2884; (R1) 1.2911; More… GBP/USD’s breach of 1.2833 temporary low suggests that fall from 1.3433 is resuming. Intraday bias is back on the downside for 61.8% retracement of 1.2298 to Read more…