Daily Pivots: (S1) 164.32; (P) 164.77; (R1) 165.41; More… Intraday bias in EUR/JPY stays mildly on the upside at this point. Current rise from 154.77 should extend to 166.67 resistance. On the downside, below 164.10 Read more…
Daily Pivots: (S1) 0.8398; (P) 0.8413; (R1) 0.8422; More… EUR/GBP’s fall from 0.8737 is in progress and intraday bias stays on the downside. Current development suggests that whole rebound from 0.8221 has completed as a Read more…
Daily Pivots: (S1) 1.7209; (P) 1.7331; (R1) 1.7409; More… Intraday bias in EUR/AUD remains on the downside, as fall from 1.8554 is in progress. Next target is 61.8% retracement of 1.5963 to 1.8554 at 1.6953. Read more…
Daily Pivots: (S1) 0.9345; (P) 0.9377; (R1) 0.9422; More…. Sideway trading continues in EUR/CHF and intraday bias stays neutral. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move Read more…
Trade news keeps getting better. Yesterday, it was the chipmakers’ turn to lead the rally, as Saudi Crown Prince Mohammad bin Salman pledged to spend as much as $1 trillion in commercial deals with the Read more…
In focus today In Germany, we await the final April inflation data, which includes all the sub-categories of the CPI index. These will be particularly interesting as core services inflation rose much more than expected Read more…
Daily Pivots: (S1) 1.1114; (P) 1.1155; (R1) 1.1225; More… Intraday bias in EUR/USD remains neutral for the moment. Strong support is expected from 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to complete the correction Read more…
Daily Pivots: (S1) 147.06; (P) 147.79; (R1) 148.21; More… Intraday bias in USD/JPY is turned neutral first. But further rally is expected as long as 142.43 support holds. As noted before, fall from 158.86 could Read more…
Daily Pivots: (S1) 0.8367; (P) 0.8415; (R1) 0.8442; More…. Intraday bias in USD/CHF remains neutral at this point. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit upside. Break Read more…
Daily Pivots: (S1) 1.3906; (P) 1.3961; (R1) 1.3991; More… Intraday bias in USD/CAD is turned neutral first with current retreat. On the upside, break of 55 D EMA (now at 1.4038) will resume the rebound Read more…