Daily Pivots: (S1) 0.8280; (P) 0.8293; (R1) 0.8300; More… EUR/GBP is staying in consolidations and intraday bias remains neutral. On the upside, firm break of 0.8326 resistance will confirm short term bottoming at 0.8221, ahead Read more…
Daily Pivots: (S1) 1.6542; (P) 1.6597; (R1) 1.6649; More… Intraday bias in EUR/AUD stays neutral for the moment. Corrective pattern from 1.6800 could extend further. But strong support could be seen from 38.2% retracement of Read more…
Daily Pivots: (S1) 0.9378; (P) 0.9409; (R1) 0.9437; More…. EUR/CHF retreated ahead of 0.9440 resistance and outlook is unchanged. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by Read more…
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since November has added to Read more…
Daily Pivots: (S1) 1.0309; (P) 1.0371; (R1) 1.0403; More… EUR/USD is staying in consolidation above 1.0223 and intraday bias stays neutral. Further decline remains in favor as long as 1.0457 resistance holds. Firm break of Read more…
Daily Pivots: (S1) 1.2445; (P) 1.2510; (R1) 1.2544; More… GBP/USD is staying in consolidation above 1.2352 and intraday bias stays neutral. Further decline remains in favor as long as 1.2606 resistance holds. Break of 1.2352 Read more…
Daily Pivots: (S1) 0.9047; (P) 0.9073; (R1) 0.9122; More… Intraday bias in USD/CHF stays neutral for the moment, and more consolidations could be seen below 0.9136 resistance. But further rally is expected as long as Read more…
Daily Pivots: (S1) 157.49; (P) 157.96; (R1) 158.54; More… No change in USD/JPY’s outlook and intraday bias stays on the upside for 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm break there Read more…
Daily Pivots: (S1) 0.6210; (P) 0.6249; (R1) 0.6270; More… Intraday bias in AUD/USD is turned neutral with current retreat. Consolidation from 0.6178 could still extend with another rise to 55 D EMA (now at 0.6416). Read more…
Dollar regained some traction overnight, supported by strong services sector data that bolstered expectations for Fed to hold interest rates steady this month. Fed fund futures now imply a 95% probability of no rate cut Read more…