Markets Focus went to the US last Friday with several European markets closed for May Day holiday. The US manufacturing ISM for the month of April was the defining intraday moment. While the headline ISM Read more…
The new week kicks off on optimism – not that the Iranian war is coming to an end, and to be honest I try to look past the headlines as US leaders’ statements sound nothing Read more…
In focus today In the euro area, two notable surveys, the ECB’s SPF and SMA, will provide insights into analyst expectations for ECB policy rates and the region’s economic outlook. The SPF also features special Read more…
Daily Pivots: (S1) 212.00; (P) 213.04; (R1) 214.26; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stay on the downside as long as 55 4H EMA (now at 214.53) holds. Below Read more…
Daily Pivots: (S1) 182.95; (P) 183.78; (R1) 184.92; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the downside as long as 55 4H EMA (now at 185.79) holds. Below Read more…
Daily Pivots: (S1) 0.8623; (P) 0.8632; (R1) 0.8645; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. On the downside, decisive break of 0.8610 key support carry larger bearish implications and pave Read more…
Daily Pivots: (S1) 1.6243; (P) 1.6290; (R1) 1.6320; More… Intraday bias in EUR/AUD remains on the downside, and fall from 1.6842 should target 1.6125 low. Decisive break there will resume whole fall from 1.8554. On Read more…
Daily Pivots: (S1) 0.9152; (P) 0.9168; (R1) 0.9181; More…. Intraday bias in EUR/CHF stays neutral for the moment. Rise from 0.8979 is expected to continue as long as 0.9155 cluster support (38.2% retracement of 0.8979 Read more…
Daily Pivots: (S1) 1.1696; (P) 1.1741; (R1) 1.1767; More…. Intraday bias in EUR/USD remains neutral as range trading continues below 1.1848. Rise from 1.1408 is expected to continue as long as 1.1642 support holds. Firm Read more…
Daily Pivots: (S1) 155.94; (P) 156.64; (R1) 157.75; More… Intraday bias in USD/JPY stays neutral for the moment. Risk will stay on the downside as long as 55 4H EMA (now at 158.55) holds. Below Read more…