Daily Pivots: (S1) 151.37; (P) 152.11; (R1) 153.20; More… Intraday bias in USD/JPY stays on the upside for retesting 156.74 high. Current development suggests that rise from 139.57 might still be in progress and break Read more…
Daily Pivots: (S1) 0.6341; (P) 0.6365; (R1) 0.6393; More… Intraday bias in AUD/USD is turned neutral again with current recovery. Some consolidations would be seen above 0.6336 temporary low. But outlook will stay bearish as Read more…
Daily Pivots: (S1) 1.4121; (P) 1.4158; (R1) 1.4195; More… Intraday bias in USD/CAD remains neutral for consolidation below 1.4194 temporary top. Outlook will remain bullish as long as 1.4009 support holds. Break of 1.4194 will Read more…
Daily Pivots: (S1) 0.9267; (P) 0.9286; (R1) 0.9299; More…. EUR/CHF’s strong rally and break of 0.9321 minor resistance suggests that rebound from 0.9204 short term bottom is resuming. Intraday bias is back on the upside. Read more…
Daily Pivots: (S1) 193.03; (P) 193.92; (R1) 195.31; More… GBP/JPY’s break of 55 D EMA mixes up the original bearish outlook. Intraday bias is now mildly on the upside and further rise could be seen Read more…
Daily Pivots: (S1) 158.88; (P) 159.79; (R1) 160.93; More… Outlook in EUR/JPY remains unchanged as rise from 156.16 is seen as a corrective recovery. Further decline is expected as long as 55 D EMA (now Read more…
EURUSD retains neutral phase in short term MACD and RSI extend bearish momentum EURUSD slides significantly after the failed attempt to surpass the 1.0600 round number and is currently challenging the 1.0500 handle. The pair Read more…
SNB took a decisive step by lowering its policy rate by 50 basis points to 0.50%. In its accompanying statement, the central bank highlighted that underlying inflationary pressures have “decreased again” this quarter, warranting the Read more…
The Swiss National Bank is lowering the SNB policy rate by 0.5 percentage points to 0.5%. The new policy rate applies from tomorrow, 13 December 2024. Banks’ sight deposits held at the SNB will be Read more…
Markets November US CPI data came in bang in line with consensus. Monthly growth of 0.3% for both the headline and the core series resulted in annual readings of respectively 2.7% (from 2.6%) and 3.3% Read more…