Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s edition, we discuss the dollar, pound and euro, and look forward to the big central bank meetings […]
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Daily Pivots: (S1) 155.56; (P) 156.85; (R1) 157.75; More… USD/JPY’s break of 156.01 support indicates short term topping at 158.86, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for Read more…
Daily Pivots: (S1) 1.2176; (P) 1.2242; (R1) 1.2310; More… GBP/USD is staying in consolidation above 1.2099 and intraday bias remains neutral. Outlook remains bearish with 1.2486 support turned resistance intact. Larger fall from 1.3433 is Read more…
Daily Pivots: (S1) 0.9090; (P) 0.9122; (R1) 0.9158; More… USD/CHF is staying in consolidation below 0.9200 and intraday bias stays neutral. As long as 0.9007 support holds, near term outlook remains bullish. On the upside, Read more…