AUDNZD reversed from resistance zone Likely to fall to support level 1.1000 AUDNZD currency pair recently reversed down from resistance area located at the intersection of the resistance level 1.1145 (former top of the weekly impulse wave 1) and the upper weekly Bollinger Band. This resistance area was further strengthened by the resistance trendline of […]
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In focus today In the euro area, focus turns to inflation data for Germany and Spain which we receive ahead of the euro area data tomorrow. We expect euro area headline inflation to rise to Read more…
Daily Pivots: (S1) 0.9290; (P) 0.9307; (R1) 0.9336; More…. Intraday bias in EUR/CHF is turned neutral again with current recovery. But after all, with 0.9364 resistance intact, outlook will remain bearish. Decisive break of 0.9204/9 Read more…
Daily Pivots: (S1) 0.8326; (P) 0.8340; (R1) 0.8349; More… Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8259. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 Read more…