Mercedes-Benz CEO Ola Källenius is the eternal optimist, and for good reason. He has long pushed the European Union to roll back its lofty goal of phasing out new internal combustion engine cars, arguing that Read more…
Daily Pivots: (S1) 0.8802; (P) 0.8834; (R1) 0.8854; More… Intraday bias in EUR/GB remains neutral at this point. Considering bearish divergence condition in 4H MACD, firm break of 0.8765 support will confirm short term topping. Read more…
Daily Pivots: (S1) 1.7717; (P) 1.7794; (R1) 1.7856; More… Range trading continues in EUR/AUD and intraday bias remains neutral. .Outlook is mixed. On the downside, break of 1.7561 support will revive the bearish case that Read more…
Daily Pivots: (S1) 0.9196; (P) 0.9213; (R1) 0.9247; More…. Intraday bias in EUR/CHF remains neutral and some consolidations could be seen above 0.9178 temporary low. . Recovery should be limited below 0.9325 resistance to bring Read more…
Daily Pivots: (S1) 1.1601; (P) 1.1628; (R1) 1.1649; More… Intraday bias in EUR/USD stays neutral first. Current development suggests that fall from 1.1917 might have completed as a three wave correction at 1.1467. Above 1.1655 Read more…
Daily Pivots: (S1) 153.85; (P) 154.31; (R1) 154.99; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 155.03 temporary top. On the upside, break of 155.03 will target 100% projection Read more…
Daily Pivots: (S1) 1.3120; (P) 1.3162; (R1) 1.3216; More… Sideway consolidations continue in GBP/USD and intraday bias remains neutral. Further decline is expected as long as 1.3247 support turned resistance holds. Break of 1.3008 will Read more…
Daily Pivots: (S1) 0.7897; (P) 0.7923; (R1) 0.7967; More… Intraday bias in USD/CHF remains neutral and some consolidations could be seen above 0.7877 temporary low. Outlook is unchanged that corrective rebound from 0.7828 has completed Read more…
Daily Pivots: (S1) 1.4010; (P) 1.4028; (R1) 1.4041; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, firm break of 1.4039 minor resistance will bring stronger rebound to retest 1.4139 high. Read more…
Daily Pivots: (S1) 0.6510; (P) 0.6531; (R1) 0.6557; More… Intraday bias in AUD/USD remains neutral as sideway trading continues. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of 0.5913 to 0.6706 Read more…