Daily Pivots: (S1) 1.7840; (P) 1.7884; (R1) 1.7936; More… Intraday bias in EUR/AUD remains neutral and further rally is in favor with 1.7818 support intact. On the upside, above 1.7965 will turn bias back to Read more…
Daily Pivots: (S1) 0.9227; (P) 0.9237; (R1) 0.9251; More… Intraday bias in EUR/CHF remains neutral and more consolidations would be seen above 0.9208. Outlook will remain bearish as long as 0.9311 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.3970; (P) 1.4001; (R1) 1.4026; More… USD/CAD is extending the consolidation pattern from 1.4078 and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rally is still expected as Read more…
Daily Pivots: (S1) 0.6475; (P) 0.6493; (R1) 0.6509; More… AUD/USD is still bounded in sideway trading and intraday bias stays neutral. Further decline is in favor as long as 55 D EMA (now at 0.6540) Read more…
Daily Pivots: (S1) 1.1584; (P) 1.1603; (R1) 1.1629; More… Intraday bias in EUR/USD remains neutral for the moment. With 1.1727 resistance intact, further decline is expected. Break of 1.1540 will resume the fall from 1.1917 Read more…
Daily Pivots: (S1) 1.3313; (P) 1.3350; (R1) 1.3394; More… Intraday bias in GBP/USD remains neutral for the moment. Fall from 1.3725 could extend lower, and break of 1.3247 will target 1.3140 cluster (38.2% retracement of Read more…
Daily Pivots: (S1) 0.7948; (P) 0.7961; (R1) 0.7973; More… No change in USD/CHF’s outlook and intraday bias stays neutral. With 0.7984 resistance intact, further decline is in favor. On the downside, below 0.7913 minor support Read more…
Daily Pivots: (S1) 151.62; (P) 151.84; (R1) 152.18; More… Intraday bias in USD/JPY remains on the upside for retesting 153.26 resistance. Break there will resume larger rally from 139.87 to 100% projection of 142.66 to Read more…
Risk sentiment turned slightly softer again, as Asian equities pulled back following Wall Street’s modest decline overnight. Investors took a more cautious stance after recent rallies, with profit-taking emerging ahead of key global data and Read more…
In focus today In the euro area, we monitor the October consumer confidence indicator. Confidence has remained low over the past half year likely due to geopolitical tensions and rising food prices. The weak confidence Read more…