Daily Pivots: (S1) 1.3565; (P) 1.3612; (R1) 1.3640; More… Intraday bias in USD/CAD remains mildly on the downside for retesting 1.3538 low. Firm break there will resume larger decline from 1.4791. For now, risk will Read more…
Daily Pivots: (S1) 0.6555; (P) 0.6573; (R1) 0.6601; More… Intraday bias in AUD/USD is turned neutral for consolidations below 0.6589 temporary top. Deeper retreat might be seen but outlook will remain bullish as long as Read more…
Daily Pivots: (S1) 1.1761; (P) 1.1785; (R1) 1.1824; More… EUR/USD is staying in consolidations below 1.1829 temporary top and intraday bias remains neutral. Downside of retreat should be contained by 1.1630 resistance turned support to Read more…
Daily Pivots: (S1) 1.3547; (P) 1.3651; (R1) 1.3738; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen below 1.3787. Deeper retreat cannot be ruled out, but downside should be contained above Read more…
Daily Pivots: (S1) 143.24; (P) 143.74; (R1) 144.17; More… Outlook is unchanged for USD/JPY as range trading continues. Intraday bias remains neutral. On the upside, firm break of 148.01 resistance will resume the rise from Read more…
Swiss consumer prices surprised slightly to the upside in June, with headline CPI rising 0.2% mom and turning positive on an annual basis at 0.1% yoy, reversing May’s -0.1% yoy print. Core CPI also firmed Read more…
The S&P 500 closed at a fresh record high yesterday, boosted by a 4% jump in Nike shares — now up 45% since April’s dip on the back of the US–Vietnam trade deal. At first Read more…
Daily Pivots: (S1) 0.7902; (P) 0.7921; (R1) 0.7941; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen above 0.7871 temporary low. Upside of recovery should be limited by 0.8054 support turned Read more…
Dollar is pausing its recent slide as markets brace for today’s Non-Farm Payrolls report, but its recovery remains shallow. Barring its gains against the troubled British Pound, the greenback remains broadly weaker against major currencies Read more…
The June US Non-Farm Payrolls report lands today at a moment when the Fed is facing increasingly overt political pressure. President Donald Trump has ramped up calls for rate cuts, and two Fed governors—Christopher Waller Read more…