Month: November 2024

Appetite on Wednesday was limited on both sides of the Atlantic Ocean. In the US, the crowded economic data came in mostly in line with expectations, confirming that the US economy grew 2.8% in Q3 Read more…

Daily Pivots: (S1) 1.0428; (P) 1.0486; (R1) 1.0548; More… Intraday bias in EUR/USD remains neutral and further decline is expected with 1.0609 resistance intact. On the downside, break of 1.0330 will resume the fall from Read more…

Daily Pivots: (S1) 149.97; (P) 151.60; (R1) 152.75; More… While USD/JPY’s corrective fall from 156.74 might extend lower, strong support could be seen from 38.2% retracement of 139.57 to 156.74 at 150.18 to bring rebound. Read more…

Daily Pivots: (S1) 1.2600; (P) 1.2647; (R1) 1.2728; More… Intraday bias in GBP/USD remains neutral at this point, and further decline is still expected as long as 1.2713 resistance holds. On the downside, break of Read more…

Daily Pivots: (S1) 0.8787; (P) 0.8831; (R1) 0.8863; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Further rally is in favor with 0.8800 support intact. On the upside, break of 0.8956 will Read more…

Daily Pivots: (S1) 0.6471; (P) 0.6486; (R1) 0.6512; More… AUD/USD is staying in sideway consolidations and intraday bias remains neutral. Further decline is expected as long as 0.6687 resistance holds. On the downside, decisive break Read more…

Daily Pivots: (S1) 1.4000; (P) 1.4039; (R1) 1.4069; More… Intraday bias in USD/CAD remains neutral for the moment, and more consolidations would be seen below 1.4177. Nevertheless, further rally is expected as long as 1.3930 Read more…

Daily Pivots: (S1) 0.9290; (P) 0.9307; (R1) 0.9336; More…. Intraday bias in EUR/CHF is turned neutral again with current recovery. But after all, with 0.9364 resistance intact, outlook will remain bearish. Decisive break of 0.9204/9 Read more…

Daily Pivots: (S1) 0.8326; (P) 0.8340; (R1) 0.8349; More… Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8259. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 Read more…

Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 Read more…