In focus today We will have a quiet start to the week on the data front. The most important release today is the German Ifo index. Consensus expectations is for a small decline, which in that case would be the fifth consecutive month that would have happened. This would be in line with the PMI […]
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Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. But outlook will stay bearish as long as 1.0760 support turned resistance holds. On Read more…
Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral and more consolidations would be seen below 156.74. Further rally is expected as long as 151.27 support holds. Above 156.74 Read more…
Daily Pivots: (S1) 1.2580; (P) 1.2638; (R1) 1.2680; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3433 is in progress for 100% projection of 1.3433 to 1.2842 to 1.3047 Read more…