Markets Markets headlines yesterday still were dominated by the ongoing flurry of trade-war communication as launched by US president Trump. Even so, in particular on interest rate markets, global public debt sustainability was at least Read more…
Daily Pivots: (S1) 1.1684; (P) 1.1724; (R1) 1.1766; More… Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1829. Downside should be contained by 1.1630 resistance turned support to bring rebound. Firm break of Read more…
Daily Pivots: (S1) 145.94; (P) 146.46; (R1) 147.09; More… USD/JPY is still bounded in range of 142.66/148.01 and intraday bias remains neutral. On the upside, firm break of 148.01 resistance will resume the rise from Read more…
Daily Pivots: (S1) 1.3530; (P) 1.3589; (R1) 1.3651; More… Intraday bias in GBP/USD remains neutral for the moment. Correction from 1..3787 might extend lower, but downside should be contained by 1.3369 support to bring rebound. Read more…
Daily Pivots: (S1) 0.7941; (P) 0.7968; (R1) 0.7983; More…. Intraday bias in USD/CHF remains neutral as consolidations from 0.7871 is still in progress. Stronger recovery cannot be ruled out, but upside should be limited by Read more…
Daily Pivots: (S1) 0.6493; (P) 0.6526; (R1) 0.6562; More… AUD/USD is staying in consolidation below 0.6589 and intraday bias remains neutral. Overall, further rally is still expected as long as 0.6372 support holds. On the Read more…
Daily Pivots: (S1) 1.3636; (P) 1.3666; (R1) 1.3692; More… No change in USD/CAD’s outlook as corrective pattern from 1.3538 is in the third leg. Intraday bias stays mildly on the upside for 1.3797 resistance and Read more…
Daily Pivots: (S1) 0.9316; (P) 0.9341; (R1) 0.9358; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. On the upside, break of 0.9428/45 resistance zone will resume the rebound from 0.9218. On the Read more…
Daily Pivots: (S1) 0.8602; (P) 0.8622; (R1) 0.8647; More… EUR/GBP is staying in consolidations below 0.8668 and intraday bias stays neutral. Further rise is expected as long as 0.8506 support holds. Above 0.8668 will target Read more…
As widely expected, the RBNZ left the OCR at 3.25%. No vote was required although there remains a split in views among MPC members. The Bank’s commentary suggests a presumption that the OCR will be Read more…