Daily Pivots: (S1) 1.3830; (P) 1.3847; (R1) 1.3877; More… No change in USD/CAD’s outlook and intraday bias stays neutral. . Price actions from 1.3538 are seen as a corrective pattern. As long as 1.3720 support Read more…
Daily Pivots: (S1) 0.6469; (P) 0.6487; (R1) 0.6502; More… Intraday bias in AUD/USD remains neutral for the moment, and the corrective pattern from 0.6624 could extend further sideway. On the upside, firm break of 0.6567 Read more…
Daily Pivots: (S1) 147.06; (P) 147.50; (R1) 148.19; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, firm break of 146.20 will resume the fall from 150.90. Also, that would argue Read more…
Daily Pivots: (S1) 0.8019; (P) 0.8045; (R1) 0.8084; More…. Intraday bias in USD/CHF is turned neutral first with current recovery. Another fall is in favor as long as 0.8103 resistance holds. Below 0.7999 will target Read more…
Daily Pivots: (S1) 1.3422; (P) 1.3478; (R1) 1.3510; More… Range trading continues in GBP/USD inside 1.3389/3594 and intraday bias stays neutral. Overall, price actions from 1.3787 high are seen as a corrective pattern. On the Read more…
Markets The single currency’s short-term fortunes took a dramatic turn yesterday following a surprise announcement by French PM Bayrou. He asked back French parliament by September 8 instead of October 1st and immediately tabled a Read more…
This week could have started calmly, with investors digesting Friday’s policy shift at the Federal Reserve (Fed), consolidating recent gains and repositioning ahead of the all-important Nvidia earnings due Wednesday. But instead, Donald Trump chose Read more…
In focus today In the US, Conference Board’s August consumer sentiment survey is due for release. We will keep a close eye on consumers’ inflation expectations after the latest round of tariff announcements, as well Read more…
Daily Pivots: (S1) 1.1572; (P) 1.1650; (R1) 1.1697; More… Intraday bias in EUR/USD is turned neutral again with current retreat. Further rise is expected as long as 1.1582 support holds. Above 1.1741 will resume the Read more…
Markets turned risk-averse again overnight, with Wall Street weakness spilling into Asia as political and trade developments rattled sentiment. Expectations that the Fed will cut rates in September remain intact, but investors are struggling to Read more…