Daily Pivots: (S1) 0.9346; (P) 0.9370; (R1) 0.9401; More…. Intraday bias remains neutral in EUR/CHF as sideway trading continues. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move Read more…
What a blast we had yesterday, didn’t we? The week kicked off with the news that the US and China would announce ‘substantial’ progress in trade negotiations — and the progress was indeed close to Read more…
In focus today In the US, the most important data release for today will be the April CPI. We expect the tariffs to start putting gradual upward pressure on especially core goods prices and look Read more…
UK labor market data for April showed signs of softening in employment but continued strength in wage growth. Payrolled employment fell by -33k (-0.1% mom), while the claimant count rose by 5.2k. Median monthly pay Read more…
Daily Pivots: (S1) 1.3910; (P) 1.3963; (R1) 1.4028; More… Intraday bias in USD/CAD remains on the upside as rebound from 1.3749 short term bottom is in progress. Break of 55 D EMA (now at 1.4043) Read more…
Daily Pivots: (S1) 0.6332; (P) 0.6397; (R1) 0.6436; More… AUD/USD recovered after breaching 0.6364 support briefly and intraday bias stays neutral. On the upside, break of 0.6511 will resume the rally from 0.5913 to 61.8% Read more…
Daily Pivots: (S1) 1.1022; (P) 1.1132; (R1) 1.1199; More… For now, EUR/USD’s fall from 1.1572 is still seen as a corrective move. Strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at Read more…
Daily Pivots: (S1) 1.3112; (P) 1.3205; (R1) 1.3271; More… Intraday bias in GBP/USD stays on the downside for the moment. Fall from 1.3442 short term top is in progress to 55 D EMA (now at Read more…
Daily Pivots: (S1) 146.56; (P) 147.61; (R1) 149.50; More… Intraday bias in USD/JPY remains on the upside for the moment. As noted before, fall from 158.86 could have completed 139.87 already. Further rise should be Read more…
Daily Pivots: (S1) 0.8367; (P) 0.8421; (R1) 0.8512; More…. USD/CHF’s rebound from 0.8038 is still seen as a corrective move. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit Read more…