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Daily Pivots: (S1) 172.09; (P) 172.38; (R1) 172.71; More… Intraday bias in EUR/JPY stays neutral at this point. Corrective pattern from 173.87 is still extending, and break of 170.94 will bring deeper fall to 169.69 Read more…
Daily Pivots: (S1) 0.8622; (P) 0.8633; (R1) 0.8646; More… Range trading continues in EUR/GBP above 0.8595 and intraday bias stays neutral. On the upside, break of 0.8652 will suggest that the corrective pattern from 0.8752 Read more…
Daily Pivots: (S1) 1.7922; (P) 1.7962; (R1) 1.8006; More… Intraday bias in EUR/AUD remains mildly on the upside at this point. Correction from 1.8094 should have completed with three waves down to 1.7671. Further rally Read more…
Daily Pivots: (S1) 0.9401; (P) 0.9424; (R1) 0.9438; More…. EUR//CHF retreated after edging higher to 0.9452 and intraday bias is turned neutral again. Further rise is expected as long as 0.9400 support holds. Above 0.9452 Read more…
Markets Most markets started the week with rangebound technical trading after last week’s up-tick in global yields. Eco data were confined to further declining confidence of the Association of US home builders (NAHB) (32 from Read more…
All eyes were on Washington yesterday, where Zelensky finally hit it off with the US President, raising hopes that peace could be on the horizon. The next step is to bring Putin to the negotiating Read more…
In focus today Market focus will continue to be on the Russia-Ukraine conflict and the ongoing efforts to achieve a ceasefire. Today is quiet in terms of data releases. However, in New Zealand, both markets Read more…
Daily Pivots: (S1) 1.1639; (P) 1.1678; (R1) 1.1699; More… EUR/USD is staying in consolidations below 1.1729 and intraday bias remains neutral for the moment. Further rally is expected as long as 1.1589 support holds. Above Read more…
Daily Pivots: (S1) 147.29; (P) 147.64; (R1) 148.20; More… Intraday bias in USD/JPY remains neutral as range trading continues inside 146.20/148.51. On the upside, break of 148.51 will indicate that the pullback from 150.90 has Read more…