In focus today Today, focus turns to the final inflation release for the euro area in January. The final print will allow us to digest the increase in January, which was likely driven by many one-off factors. In Germany, we receive the Ifo index for February. It will be interesting to see if it mirrors […]
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Daily Pivots: (S1) 148.55; (P) 149.65; (R1) 150.37; More… Intraday bias in USD/JPY stays on the downside with 150.72 minor resistance intact. Fall from 158.85 is seen as the third leg of the pattern from Read more…
Daily Pivots: (S1) 0.8962; (P) 0.8984; (R1) 0.8999; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. Consolidation pattern from 0.9200 might extend with deeper decline. But larger rally is still expected to Read more…
Daily Pivots: (S1) 1.2615; (P) 1.2647; (R1) 1.2669; More… Intraday bias in GBP/USD is turned neutral with current retreat. But further rise will remain in favor as long as 1.2522 resistance turned support holds. Above Read more…