Daily Pivots: (S1) 0.7937; (P) 0.7963; (R1) 0.7998; More… Range trading continues in USD/CHF and intraday bias stays neutral. On the upside, sustained trading above 55 D EMA (now at 0.8011) will suggest that rise Read more…
Daily Pivots: (S1) 0.6592; (P) 0.6610; (R1) 0.6631; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, firm break of 0.6627 resistance will suggest that pullback from 0.6706 has completed as Read more…
Daily Pivots: (S1) 1.3909; (P) 1.3933; (R1) 1.3959; More… Intraday bias in USD/CAD remains neutral as consolidations continue below 1.3957. On the upside, firm break of 1.3957 will resume the corrective rebound from 1.3538. But Read more…
Daily Pivots: (S1) 0.9332; (P) 0.9353; (R1) 0.9370; More… EUR/CHF retreated again after edging higher to 0.9371 and intraday bias stays neutral. On the upside, above 0.9371 will target 0.9394 resistance. Firm break there should Read more…
Swiss consumer prices dipped -0.2% mom in September, in line with expectations. Core CPI also dropped -0.2% mom. Domestic product prices fell -0.3% mom while imported product prices slipped -0.1% mom. On an annual basis, Read more…
Daily Pivots: (S1) 197.69; (P) 198.45; (R1) 198.99; More… Intraday bias in GBP/JPY remains on the downside as fall from 201.24 short term top is in progress. Decisive break of 197.93 support will argue that Read more…
Daily Pivots: (S1) 171.92; (P) 172.92; (R1) 173.53; More… Intraday bias in EUR/JPY remains on the downside as fall from 175.03 is in progress. Sustained break of 55 D EMA (now at 172.24) will argue Read more…
Daily Pivots: (S1) 1.7708; (P) 1.7763; (R1) 1.7799; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.7929 will resume the rebound from 1.7588 to retest 1.8155. However, sustained break Read more…
The US government remains shut, which means the BLS will likely not release the September jobs report this Friday. Yesterday’s ADP numbers, however, injected a strong dose of dovishness to keep investors going for a Read more…
In focus today In the euro area we receive the unemployment rate for August, which is expected to have remained at 6.2%. The labour market remains strong, but it has moderated somewhat with employment increases Read more…