In focus today Focus shifts to flash September inflation data from France, Germany and Italy. The core inflation measure will be key, particularly after Spain’s data yesterday showed weaker-than-expected core inflation despite a rise in headline inflation. Large base effects from energy prices and travel-related services are likely to drive yearly inflation growth, making monthly […]
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Daily Pivots: (S1) 1.3540; (P) 1.3573; (R1) 1.3621; More… Intraday bias in USD/CAD remains mildly on the downside for the moment. Consolidation pattern from 1.3480 could have completed at 1.3751, after hitting 55 D EMA Read more…
Daily Pivots: (S1) 0.6995; (P) 0.7037; (R1) 0.7119; More… AUD/USD is still bounded in established range below 0.7146 despite some volatility. Intraday bias stays neutral for the moment. Outlook stays bullish with 0.6896 support intact. Read more…
Daily Pivots: (S1) 1.1548; (P) 1.1594; (R1) 1.1681; More…. Intraday in EUR/USD is turned neutral again with current recovery, and more consolidations would be seen above 1.1506. Still, outlook stays bearish with 1.1740 support turned Read more…