Daily Pivots: (S1) 0.6520; (P) 0.0.6530; (R1) 0.6544; More… Intraday bias in AUD/USD stays on the upside at for 0.6579 resistance. Decisive break there should confirm that whole fall from 0.6706 has completed as a Read more…
Daily Pivots: (S1) 1.1578; (P) 1.1596; (R1) 1.1615; More… EUR/USD is still bounded in sideway trading and intraday bias remains neutral. Further decline is expected with 1.1655 resistance intact. On the downside, below 1.1490 and Read more…
Daily Pivots: (S1) 1.3210; (P) 1.3240; (R1) 1.3270; More… Intraday bias in GBP/USD remains mildly on the upside for the moment. As noted before, corrective fall from 1.3787 could have completed at 1.3008 already. Sustained Read more…
Daily Pivots: (S1) 0.8027; (P) 0.8048; (R1) 0.8069; More… USD/CHF is still bounded in consolidations below 0.8101 and intraday bias remains neutral. Outlook is unchanged that current rise from 0.7877 is still seen as the Read more…
Daily Pivots: (S1) 155.85; (P) 156.17; (R1) 156.63; More… USD/JPY is still bounded in consolidations below 157.88 and intraday bias remains neutral. Downside should be contained by 154.47 resistance turned support. On the upside, break Read more…
Japan’s data releases were surprisingly strong today, with both industrial output and retail sales showing impressive gains. Combined, they paint a picture of an economy that is slowly regaining momentum on both production and consumption Read more…
Key Highlights USD/JPY corrected gains and tested the 155.75 support. A declining channel is forming with resistance at 156.50 on the 4-hour chart. Bitcoin started a recovery wave above $90,000. EUR/USD is consolidating below the Read more…
Japan’s industrial production rose 1.4% mom in October, sharply beating expectations of a -0.6% decline. The rebound was driven primarily by a 6.6% jump in motor vehicle output, a sector benefiting from the U.S. tariff Read more…
In Japan, Tokyo’s inflation profile showed little moderation in November, with both core CPI and core-core CPI staying at 2.8% yoy. The readings came in slightly firmer than expected, while headline CPI eased just one-tenth Read more…
Key insights from the week that was. It was a historic week in Australia, marked by the ABS publishing the October CPI – the first complete set of monthly inflation data. In the event, it Read more…