UK PMI Manufacturing PMI slipped from 48.0 to 47.3, an 11-month low. Services PMI improved from 50.4 to 51.4. PMI Composite held steady at 50.5, signaling stagnation in overall economic activity. Chris Williamson, Chief Business Read more…
Daily Pivots: (S1) 192.93; (P) 193.69; (R1) 194.53; More… Intraday bias in GBP/JPY stays neutral as sideway trading continues. Corrective pattern from 180.00 could be extending with another rising level. Above 194.98 will extend the Read more…
Daily Pivots: (S1) 160.16; (P) 160.86; (R1) 162.07; More… Intraday bias in EUR/JPY remains on the upside as rise from 156.16 is in progress. Sideway pattern from 154.40 might still be in progress, and is Read more…
Daily Pivots: (S1) 0.8273; (P) 0.8298; (R1) 0.8347; More… Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8224 short term bottom is in progress for 38.2% retracement of 0.8624 to Read more…
Daily Pivots: (S1) 1.6434; (P) 1.6477; (R1) 1.6554; More… EUR/AUD is staying in range trading and intraday bias stays neutral. On the upside, decisive break of 1.6598 resistance should confirm that whole fall from 1.7180 Read more…
Daily Pivots: (S1) 0.9346; (P) 0.9366; (R1) 0.9397; More…. Intraday bias in EUR/CHF stays on the upside as rise from 0.9204 is in progress for 100% projection of 0.9204 to 0.9343 from 0.9254 at 0.9393. Read more…
Eurozone PMI Services rose notably from 49.5 to 51.4, marking a return to expansion territory. However, PMI Manufacturing remained static at 45.2, firmly in contraction. Consequently, PMI Composite edged up from 48.3 to 49.5, signaling Read more…
Daily Pivots: (S1) 1.0463; (P) 1.0493; (R1) 1.0534; More… Intraday bias in EUR/USD remains neutral for the moment. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D Read more…
Daily Pivots: (S1) 0.8907; (P) 0.8927; (R1) 0.8947; More… Intraday bias in USD/CHF stays on the upside with focus on 0.8956 resistance. Decisive break there will confirm resumption of whole rally from 0.8374. Next target Read more…
Daily Pivots: (S1) 152.80; (P) 153.30; (R1) 154.14; More… USD/JPY’s rebound from 148.64 is in progress and intraday bias stays on the upside for retesting 156.74. Firm break there will resume whole rally from 139.57, Read more…