Daily Pivots: (S1) 1.3418; (P) 1.3442; (R1) 1.3471; More… Outlook in GBP/USD is unchanged and intraday bias remains neutral. Further decline is expected as long as 1.3535 resistance holds. Break of 1.3322 will resume the Read more…
Daily Pivots: (S1) 0.7941; (P) 0.7963; (R1) 0.7988; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. On the upside, sustained trading above 55 D EMA (now at 0.8014) will suggest that rise Read more…
The US government has shut down from today as politicians failed to agree on a plan to continue funding it. This is not the first time this has happened, and it certainly won’t be the Read more…
In focus today In the euro area, focus turns to the September inflation report. We expect euro area inflation to increase to 2.2% y/y from 2.0% y/y. While inflation in some countries, like France and Read more…
Daily Pivots: (S1) 0.6580; (P) 0.6604; (R1) 0.6638; More… AUD/USD retreated after touching 0.6627 resistance and intraday bias stays neutral. Firm break of 0.6627 will suggest that pullback from 0.6706 has completed as correction, after Read more…
Daily Pivots: (S1) 1.3900; (P) 1.3918; (R1) 1.3939; More… USD/CAD is staying in consolidations below 1.3957 temporary top and intraday bias remains neutral. On the upside, break of 1.3957 will resume the corrective rebound from Read more…
Daily Pivots: (S1) 0.9324; (P) 0.9357; (R1) 0.9378; More… EUR/CHF retreated after brief spike to 0.9369 and intraday bias is turned neutral again. On the upside, above 0.9369 will target 0.9394 resistance. Firm break there Read more…
Daily Pivots: (S1) 0.8718; (P) 0.8732; (R1) 0.8740; More… EUR/GBP is staying in consolidations below 0.8750 and intraday bias remains neutral. Further rally is expected as long as 0.8694 support holds. Firm break of 0.8752 Read more…
Daily Pivots: (S1) 173.17; (P) 173.80; (R1) 174.20; More… Intraday bias in EUR/JPY stays on the downside for the moment. Fall from 175.03 short term bottom is in progress for 55 D EMA (now at Read more…
Trading was relatively subdued in Asia today, with China and Hong Kong closed for holidays and little reaction seen across the rest of the region. Equity markets were mixed, reflecting a cautious tone after Wall Read more…