On 20 February, in the note “BTC/USD Analysis: Are the Bulls Stirring?”, we outlined a broad descending channel and highlighted early signs of increasing demand near the $65,600 level. Subsequent price action provided further grounds Read more…
Markets German Bunds for the first time this week gained yesterday, halting a downward spiral triggered by rising inflation risks in wake of the Iranian conflict. The front end outperformed, shedding up to 2.5 bps. Read more…
Daily Pivots: (S1) 182.38; (P) 182.81; (R1) 183.23; More… Intraday bit in EUR/JPY remains neutral for the moment. On the upside, break of 184.75 will target 186.86 high. Firm break there will resume larger up Read more…
Daily Pivots: (S1) 209.44; (P) 210.07; (R1) 210.65; More… Intraday bias in GBP/JPY remains neutral for the moment. Corrective fall from 214.98 should have completed at 207.20 already. On the upside, above 212.10 will resume Read more…
Daily Pivots: (S1) 0.8687; (P) 0.8700; (R1) 0.8715; More… Intraday bias in EUR/GBP remains mildly on the downside for the moment. Rebound from 0.8611 could have completed at 0.8788. 8. The pattern from 0.8863 could Read more…
Daily Pivots: (S1) 1.6374; (P) 1.6487; (R1) 1.6556; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 will Read more…
Daily Pivots: (S1) 0.9045; (P) 0.9076; (R1) 0.9097; More…. EUR/CHF is staying in range trading and intraday bias remains neutral. Price actions from 0.9026 short term bottom are viewed as a consolidations pattern only. While Read more…
In focus today February flash inflation. Our forecast shows CPIF excluding energy at 1.41%, CPIF at 1.75%, and CPI at 0.52% y/y. See inflation preview here. Electricity prices were high in February, and we expect Read more…
Key takeaways WTI crude extends bullish breakout: Prices surged about 19% since 26 Feb, reaching a 14-month high near $78, after breaking a 28-month descending resistance, with geopolitical tensions from the United States–Israel strikes on Read more…
Market volatility is turning investors’ heads as the Middle East conflict intensifies and enters a sixth day. Earlier reports from the New York Times that Iran was ready to negotiate were later dashed by Iranian Read more…