Selloff in Euro accelerates again today, as Germany benchmark 10-year yield tumbles back below 0.8 handle. Swiss Franc and Sterling are also the weaker ones. Australian Dollar is supported by stronger than expected CPI reading, but looks rather vulnerable into US session. Indeed the greenback is probably ready to power up again, including against commodity […]
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Daily Pivots: (S1) 141.93; (P) 142.24; (R1) 142.47; More… USD/JPY’s decline continues today and intraday bias stays on the downside. Break of near term falling channel suggest downside acceleration. Current fall from 158.86 should extend Read more…
Daily Pivots: (S1) 0.8144; (P) 0.8176; (R1) 0.8195; More… Intraday bias in USD/CHF is back on the downside with break of 0.8098. Current down trend should target 200% projection of 0.9196 to 0.8757 from 0.8854 Read more…
Daily Pivots: (S1) 1.3260; (P) 1.3280; (R1) 1.3316; More… GBP/USD’s really resumed by breaking through 1.3291 and intraday bias is back on the upside. Firm break of 1.3433 will confirm larger up trend resumption and Read more…