Daily Pivots: (S1) 1.3718; (P) 1.3742; (R1) 1.3771; More… USD/CAD’s rebound from 1.3549 is still in progress and intraday bias remains on the upside. This rise is seen as the third leg of the corrective Read more…
Daily Pivots: (S1) 0.7115; (P) 0.7168; (R1) 0.7198; More… Range trading continues in AUD/USD and intraday bias stays neutral at this point. With 0.7101 support intact, further rise remains in favor. On the upside, firm Read more…
Daily Pivots: (S1) 158.35; (P) 158.59; (R1) 158.99; More… USD/JPY’s rise from 155.01 is in progress and intraday bias remains on the upside. As this rebound is seen as the second leg of the corrective Read more…
Daily Pivots: (S1) 0.7839; (P) 0.7856; (R1) 0.7884; More…. Intraday bias in USD/CHF remains on the upside at this point. Rebound from 0.7760 would continue to 0.7923 resistance. Firm break there will argue that fall Read more…
Daily Pivots: (S1) 1.3290; (P) 1.3347; (R1) 1.3379; More… Intraday bias in GBP/USD stays on the downside at this point. Fall from 1.3657 would extend to retest 1.3158 support. Decisive break there will target 100% Read more…
EUR/USD halts losses near April highs. Key test: break above SMA cluster overhead. Momentum signals show easing selling pressure. EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows Read more…
The big story – and dominant market driver – is becoming the rapid selloff across sovereign bond markets, as bond yields in major economies, including the US and Japan, soared last week after a set Read more…
In focus today Focus will continue to be on developments in the Middle East and the bond market rout that has caused a sell-off in risk assets. In Sweden, the Origo inflation expectations will be Read more…
Daily Pivots: (S1) 1.1603; (P) 1.1637; (R1) 1.1658; More…. Intraday bias in EUR/USD remains on the downside as fall from 1.1848 is in progress. As noted before, rebound from 1.1408 could have completed as a Read more…
Markets are beginning the week with a familiar but dangerous message: oil higher, yields higher, Dollar higher. Brent crude blasted above $111 in Asian trading while US 10-year Treasury yields climbed above 4.6%, extending the Read more…