Markets US data on Thursday and Friday dampened hopes for the Fed to turn to more neutral policy conditions already at the mid-September policy meeting. After an unexpected acceleration in PPI inflation, July US retail Read more…
Daily Pivots: (S1) 1.1662; (P) 1.1689; (R1) 1.1731; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1729. Further rally is expected as long as 1.1589 support holds. Above 1.1729 Read more…
Daily Pivots: (S1) 146.61; (P) 147.29; (R1) 147.83; More… Sideway trading continues in USD/JPY and intraday bias remains neutral. On the upside, break of 148.51 will indicate that the pullback from 150.90 has completed, and Read more…
Daily Pivots: (S1) 1.3532; (P) 1.3553; (R1) 1.3581; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen below 1.3594. Deeper pullback might be seen but downside should be contained well above Read more…
Daily Pivots: (S1) 0.7997; (P) 0.8040; (R1) 0.8110; More…. USD/CHF is still bounded in range trading and intraday bias stays neutral. On the downside, break of 0.8020 will revive that case that the corrective pattern Read more…
Daily Pivots: (S1) 0.6488; (P) 0.6506; (R1) 0.6525; More… Intraday bias in AUD/USD remains neutral at this point. Overall, corrective pattern from 0.6624 should still be extending. Above 0.6567 will target 0.6624. On the downside, Read more…
Daily Pivots: (S1) 1.3797; (P) 1.3810; (R1) 1.3832; More… Intraday bias in USD/CAD stays neutral for the moment. On the downside, break of 1.3720 will reaffirm the case that corrective pattern from 1.3538 has completed Read more…
Friday’s meeting between Trump and Putin seems to have gone smoothly. Details are scarce, but so far there are no signs of fresh tensions with Russia and no new sanctions on countries such as China Read more…
In focus this week Today, following the Trump-Putin meeting in Alaska, Ukrainian President Zelenskiy is set to meet US President Trump in the White House alongside a group of European leaders including EU commission president Read more…
Daily Pivots: (S1) 0.9417; (P) 0.9431; (R1) 0.9457; More…. EUR/CHF’s rally resumed by breaking 0.9438 temporary top and intraday bias is back on the upside. Rise from 0.9218 should target 100% projection of 0.9218 to Read more…