We had a bearish start to the week on Monday and the price action across several asset classes remains volatile and chaotic – and that’s especially true for the FX markets shaken by the freefall in sterling. Last week’s ‘mini budget’ announcement didn’t spur growth expectations, but rather fueled debt worries for Britain. After Cable […]
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Daily Pivots: (S1) 0.8642; (P) 0.8653; (R1) 0.8665; More… Intraday bias in EUR/GBP remains on the downside for 0.8611 support. Firm break there will resume the whole fall from 0.8863, and target 100% projection of Read more…
Daily Pivots: (S1) 211.64; (P) 212.03; (R1) 212.46; More… GBP/JPY’s rebound from 207.20 resumed by breaking through 212.10 and intraday bias is back on the upside for retesting 214.98 high. Firm break there will resume Read more…
Daily Pivots: (S1) 183.10; (P) 183.45; (R1) 183.84; More… Intraday bias in EUR/JPY remains neutral first. On the upside, above 184.75 will resume the rebound from 180.78 to retest 186.86 high. Firm break there will Read more…