On Friday, disappointing figures showed that in August the Canadian economy lost 65,500 jobs (the forecast had been for an increase of 10,000), while the unemployment rate rose to 7.1%. This is the highest level Read more…
AUD/USD started a decent increase above 0.6580. NZD/USD is also rising and might aim for more gains above 0.5920. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a decent Read more…
Markets After a series of mediocre labour market data/subindices published earlier last week, the US payrolls report gave the final go-ahead for the Fed to restart its easing cycle and move the policy rate to Read more…
Daily Pivots: (S1) 1.1656; (P) 1.1708; (R1) 1.1771; More… Intraday bias in EUR/USD remains on the upside for the moment. Rise from 1.1390 is resuming and further rally should be seen to retest 1.1829 high. Read more…
Daily Pivots: (S1) 146.62; (P) 147.60; (R1) 148.37; More… USD/JPY rebounded today as range trading continues and intraday bias stays neutral. On the downside, break of 146.65 will suggest that fall from 150.90 is resuming. Read more…
Daily Pivots: (S1) 1.3436; (P) 1.3495; (R1) 1.3568; More… Intraday bias in GBP/USD stays on the upside for the moment. Rise from 1.3140 should be ready to resume. Firm break of 1.3594 resistance will confirm Read more…
Daily Pivots: (S1) 0.7936; (P) 0.8000; (R1) 0.8043; More…. Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.7871 should have completed with three waves up to 0.8170. Deeper fall Read more…
Daily Pivots: (S1) 0.6512; (P) 0.6551; (R1) 0.6594; More… Intraday bias in AUD/USD stays on the upside and further rise should be seen to retest 0.6624 high. Firm break there will resume larger rally from Read more…
Daily Pivots: (S1) 1.3774; (P) 1.3814; (R1) 1.3869; More… Intraday bias in USD/CAD remains on the upside at this point. Pullback from 1.3923 could have completed at 1.3725 already, and corrective rebound from 1.3538 is Read more…
Daily Pivots: (S1) 0.9334; (P) 0.9366; (R1) 0.9381; More…. Intraday bias in EUR/CHF remains on the downside for 0.9317 support. Overall outlook is unchanged that corrective pattern from 0.9218 might have completed with three waves Read more…