Daily Pivots: (S1) 1.4340; (P) 1.4375; (R1) 1.4411; More… Intraday bias in USD/CAD Is turned neutral with current recovery. Consolidation from 1.4466 could still extend lower. But overall downside should be contained above 38.2% retracement Read more…
Daily Pivots: (S1) 0.9377; (P) 0.9399; (R1) 0.9425; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by Read more…
Daily Pivots: (S1) 194.76; (P) 196.15; (R1) 197.19; More… Breach of 194.04 support argues that GBP/JPY’s rise from 188.07 might have completed at 198.94 already. Intraday bias is back on the downside for 188.07 support. Read more…
Daily Pivots: (S1) 162.89; (P) 163.35; (R1) 163.86; More… Intraday bias in EUR/JPY remains neutral for the moment. Rise from 156.16, as a leg in the corrective pattern from 154.40, should continue as long as Read more…
Daily Pivots: (S1) 1.6568; (P) 1.6612; (R1) 1.6646; More… EUR/AUD is staying in sideway trading and intraday bias remains neutral. Corrective pattern from 1.6800 could extend further. But strong support could be seen from 38.2% Read more…
As shown by today’s USD/CNH chart: → the pair is trading around 7.35 yuan per US dollar; → historically, this level has acted as resistance, pushing the exchange rate lower in autumn 2022 and autumn Read more…
Daily Pivots: (S1) 0.8301; (P) 0.8326; (R1) 0.8373; More… EUR/GBP’s rally from 0.8221 accelerates higher today and intraday bias stays on the upside for 0.8446 key resistance. Strong resistance might be seen there to limit Read more…
Sterling plunged across the board as the sharp selloff in UK government bonds sent shockwaves through financial markets. Yields on 10-year gilts surged to their highest levels since August 2008, while 30-year yields reached a Read more…
BoJ, in its latest Regional Economic Report, upgraded its economic outlook for two of Japan’s nine regions—Tohoku and Hokuriku—citing signs of moderate recovery. The assessment for the remaining seven regions was left unchanged, with all Read more…
Australia’s retail sales increased by 0.8% mom in November, falling short of market expectations for 1.1% mom rise. Despite the miss, all retail industries recorded growth during the month, reflecting the ongoing impact of Black Read more…