Daily Pivots: (S1) 0.7946; (P) 0.7955; (R1) 0.7970; More… Intraday bias in USD/CHF remains neutral for the moment. Overall outlook is unchanged that corrective pattern from 0.7828 is still extending. On the downside, below 0.7923 Read more…
Daily Pivots: (S1) 0.6632; (P) 0.6655; (R1) 0.0.6676; More… Intraday bias in AUD/USD stays neutral and some more consolidations could be seen below 0.6685. On the upside, firm break of 0.6706 will confirm resumption of Read more…
Daily Pivots: (S1) 1.3752; (P) 1.3773; (R1) 1.3793; More… Intraday bias in USD/CAD stays mildly on the downside for the moment. Sustained trading below 61.8% retracement of 1.3538 to 1.4139 at 1.3768 will argue that Read more…
Daily Pivots: (S1) 0.8763; (P) 0.8777; (R1) 0.8794; More… Intraday bias in EUR/GBP stays neutral at this point. With 0.8800 resistance intact, further decline is mildly in favor. Below 0.8720 will target 0.8631 cluster (38.2% Read more…
Daily Pivots: (S1) 1.7584; (P) 1.7636; (R1) 1.7701; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, below 1.7477 will extend the decline from 1.8160 to 100% projection of 1.8160 to Read more…
Daily Pivots: (S1) 0.9329; (P) 0.9338; (R1) 0.9354; More…. Intraday bias in EUR/CHF stays neutral for the moment, and more consolidations could be seen. On the upside, break of 0.9394 will resume the rebound from Read more…
Daily Pivots: (S1) 207.91; (P) 208.33; (R1) 208.78 More… Intraday bias in GBP/JPY stays neutral as more consolidations would be seen below 208.92. Further rally is expected as long as 205.17 support holds. ON the Read more…
Markets AI valuation stress kicks in for the second time this quarter after industry giant Broadcom’s sales outlook failed to live up to (outsized) expectations. Earlier last week, Oracle got punished for delay in completing Read more…
Last week ended on a mixed note for equities. Looking at global index performance, the message was fairly clear: investor appetite is waning for AI-related technology stocks, while non-tech and more value-oriented pockets of the Read more…
In focus this week Today is expected to be somewhat quiet on the data front, although we highlight speeches from New York Fed President John Williams and Fed Governor Stephen Miran in the evening. Markets Read more…