Daily Pivots: (S1) 0.8143; (P) 0.8180; (R1) 0.8203; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the downside, break of 0.8152 minor support will argue that recovery from 0.8054 has completed Read more…
Daily Pivots: (S1) 0.6447; (P) 0.6480; (R1) 0.6515; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, decisive break of 0.6455 support will indicate short term topping, with bearish divergence condition Read more…
Daily Pivots: (S1) 1.3673; (P) 1.3710; (R1) 1.3737; More… Intraday bias remains neutral first, and further decline is in favor with 1.3749 support turned resistance intact. On the downside, below 1.3633 minor support will bring Read more…
Daily Pivots: (S1) 0.9360; (P) 0.9390; (R1) 0.9418; More…. Intraday bias in EUR/CHF remains neutral as range trading is still in progress. On the upside, break of 0.9428 will resume the rebound from 0.9218 through Read more…
Daily Pivots: (S1) 0.8524; (P) 0.8543; (R1) 0.8555; More… Intraday bias in EUR/GBP is turned neutral with current retreat, and some consolidations could be seen below 0.8563 temporary top first. Further rally will remain in Read more…
Daily Pivots: (S1) 1.7646; (P) 1.7718; (R1) 1.7813; More… EUR/AUD is staying in consolidations below 1.7880 and intraday bias remains neutral. Further rally is expected with 1.7459 support intact. Above 1.7880 will target 61.8% retracement Read more…
Daily Pivots: (S1) 194.62; (P) 195.29; (R1) 196.56; More… Intraday bias in GBP/JPY remains neutral, and further rise is expected as long as 193.75 support holds. Firm break of 196.83 will target 199.79 resistance first. Read more…
Markets Lacking guidance from US markets (closed for Juneteenth) and with hardly any EMU data scheduled for release, the EMU yield curve showed some modest bear steepening (German 2-y unchanged, 30-y +2.8 bps). The Fed Read more…
Daily Pivots: (S1) 166.42; (P) 166.87; (R1) 167.70; More… EUR/JPY rebounded strongly after drawing support from 55 4H EMA and focus is back on 167.59 resistance. Decisive break there will resume rally from 154.77. Next Read more…
Despite an upside surprise in Japan’s core inflation data, Yen extended its decline across the board today. While CPI ex-food rose 3.7% yoy in May, much of the gain was driven by an outsized 100%+ Read more…