USD/CAD’s fall from 1.4247 resumed after brief consolidations. Intraday bias is back on the downside for 61.8% retracement of 1.3480 to 1.4247 at 1.3773. Sustained break there will pave the way back to retest 1.3480 Read more…
Intraday bias in GBP/JPY is turned neutral first with current retreat. Some consolidations could be seen below 216.20 first. Further rise is in favor as long as 213.28 support holds. Break of 216.20 will target Read more…
EUR/JPY’s rally from 179.34 continues after brief retreat. Intraday bias stays on the upside for 187.42 resistance first. Firm break there will bring retest of 187.93 high. On the downside, below 183.90 minor support will Read more…
Intraday bias in EUR/GBP remains neutral first. Break of 0.8585 will extend the rebound from 0.8453. But still, strong resistance is expected from 0.8610 to cap upside. On the downside, break of 0.8530 support will Read more…
Intraday bias in EUR/AUD stays on the upside for 1.6503 resistance. Firm break there will target 1.6617. 1.6617. On the downside, below 1.6250 will target a retest on 1.6108 low. Overall, corrective pattern from 1.6108 Read more…
Markets The (very) long end of the US yield curve rallied yesterday with the curve bull flattening. Daily changes ranged from -0.8 bps (2-yr) to -9.2 bps (30-yr). The US Treasury’s unexpected decision to increase Read more…
EUR/CHF’s steep decline suggests short term topping at 0.9408. Intraday bias is mildly on the downside for deeper pullback to 55 D EMA (now at 0.9281). But downside should be contained by 38.2% retracement of Read more…
Capital One Financial has spent more than a year integrating Discover while investors watch whether the massive acquisition can translate into faster growth and stronger returns. The latest monthly data gave Wall Street a mixed Read more…
In focus today In the euro area, the ECB publishes the minutes from its July meeting, at which policy rates were left unchanged. We expect the minutes to show a bias towards a rate hike Read more…
The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the rally from the June 30 low is unfolding as an impulsive structure. From that level, wave (1) advanced and ended at $4203.21, followed by Read more…