The euro has staged a remarkable bullish reversal against the US dollar last Friday, 1 August, ex-post weaker-than-expected US non-farm payrolls data release. The EUR/USD jumped by 1.5% which put a halt to the prior Read more…
Swiss Franc has come under heavy pressure since early August, with trade tensions driving much of the weakness. The US stunned markets last week by imposing a 39% tariff on Swiss imports, accusing Bern of Read more…
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Daily Pivots: (S1) 194.79; (P) 195.67; (R1) 196.29; More… Intraday bias in GBP/JPY is turned neutral with current recovery. Corrective fall from 199.96 short term top could extend lower. But strong support is expected from Read more…
Daily Pivots: (S1) 170.10; (P) 170.52; (R1) 171.23; More… Outlook in EUR/JPY remains unchanged and intraday bias stays neutral. While fall from 173.87 short term top could extend lower, downside should be contained by 38.2% Read more…
Daily Pivots: (S1) 0.8674; (P) 0.8707; (R1) 0.8736; More… Intraday bias in EUR/GBP remains neutral, and consolidations from 0.8572 short term top could extend. But in case of another fall, downside should be contained by Read more…
Daily Pivots: (S1) 1.7839; (P) 1.7877; (R1) 1.7918; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, break of 1.7972 resistance should resume the whole rally from 1.7245 through 1.8094 to Read more…
Daily Pivots: (S1) 0.9330; (P) 0.9345; (R1) 0.9361; More…. Intraday bias in EUR/CHF stays neutral and focus remains on 0.9361 resistance. Firm break there will suggest that corrective pattern from 0.9445 has already completed at Read more…
Daily Pivots: (S1) 1.1549; (P) 1.1573; (R1) 1.1596; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the upside, above 1.1596 will affirm the case that correction from 1.1829 has completed with Read more…
Daily Pivots: (S1) 146.84; (P) 147.34; (R1) 148.06; More… Intraday bias in USD/JPY stays neutral for the moment. As long as 145.84 support holds, larger rebound from 139.87 is still in favor to continue. On Read more…