Eurozone retail sales volumes rose 0.2% mom in November, slightly above expectations of 0.1% increase. The improvement was driven primarily by non-food products, where sales increased 0.4% mom, offsetting weakness elsewhere. Sales of food, drinks Read more…
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As indicated by the AUD/USD chart, the Australian dollar has fallen below the 0.6680 level today, with the decline from Wednesday’s high (A) exceeding 1.1%. Key bearish drivers include: → Declining inflation expectations. Data released Read more…
Daily Pivots: (S1) 210.39; (P) 210.77; (R1) 211.24; More… Intraday bias in GBP/JPY stays neutral at this point. Considering bearish divergence condition in 4H MACD, firm break of 210.02 support should confirm short term topping. Read more…
Daily Pivots: (S1) 182.61; (P) 182.93; (R1) 183.23; More… Intraday bias in EUR/JPY is turned neutral with current recovery. Price action from 184.89 is seen as a corrective pattern. Below 182.60 will target 55 D Read more…
Daily Pivots: (S1) 0.8666; (P) 0.8678; (R1) 0.8687; More… Intraday bias in EUR/GBP remains neutral for consolidations above 0.8643 temporary low. But further decline is expected as long as 0.8720 support turned resistance holds. On Read more…
Daily Pivots: (S1) 1.7356; (P) 1.7406; (R1) 1.7451; More… Intraday bias in EUR/AUD remains neutral and more consolidations could be seen above 1.7287 temporary low. Further decline is expected as long as 1.7477 support turned Read more…
Daily Pivots: (S1) 0.9307; (P) 0.9313; (R1) 0.9320; More…. Intraday bias in EUR/CHF stays neutral at this point, and immediate focus remains on 0.9315 resistance. Firm break there will argue that pullback from 0.9394 has Read more…
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Daily Pivots: (S1) 0.6679; (P) 0.6702; (R1) 0.6723; More… AUD/USD is holding above 0.6659 support despite current retreat. Intraday bias remains neutral and further rise is still in favor. Above 0.6765 will resume the whole Read more…