Daily Pivots: (S1) 0.8699; (P) 0.8708; (R1) 0.8717; More… EUR/GBP is still extending consolidations below 0.8740 and intraday bias stays neutral. On the upside, above 0.8740 will resume the rebound from 0.8610 short term bottom Read more…
Daily Pivots: (S1) 1.6477; (P) 1.6548; (R1) 1.6590; More… Intraday bias in EUR/AUD stays on the upside at this point. Corrective rebound from 1.6125 could have completed at 1.6842 after rejection by 55 D EMA Read more…
Daily Pivots: (S1) 0.9227; (P) 0.9240; (R1) 0.9262; More…. Intraday bias in EUR/CHF stays neutral and more consolidations could be seen below 0.9264. On the upside, sustained trading above 61.8% retracement of 0.9394 to 0.8979 Read more…
Markets Markets yesterday were looking for a new short-term equilibrium/new starting point as a next phase in the Middle East conflict had started. Earlier this week markets were pushed back and forth by consecutive U-turns Read more…
Daily Pivots: (S1) 1.1658; (P) 1.1692; (R1) 1.1733; More…. Intraday bias in EUR/USD stays neutral at this point. Further rise is expected as long as 55 4H EMA (now at 1.1596) holds. Fall from 1.2081 Read more…
Daily Pivots: (S1) 158.54; (P) 158.92; (R1) 159.38; More… USD/JPY is still extending consolidations below 160.45 and intraday bias stays neutral. Further rise is expected as long as 157.49 cluster support (38.2% retracement of 152.25 Read more…
Daily Pivots: (S1) 1.3392; (P) 1.3425; (R1) 1.3470; More… Consolidations continue below 1.3483 temporary top and intraday bias in GBP/USD remains neutral. Fall from 1.3867 could have completed as a correction at 1.3158 already. Above Read more…
Daily Pivots: (S1) 0.7881; (P) 0.7903; (R1) 0.7927; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. With 0.7877 cluster support (38.2% retracement of 0.7603 to 0.8041 at 0.7874) intact, rally from 0.7603 Read more…
Daily Pivots: (S1) 1.3793; (P) 1.3827; (R1) 1.3849; More… Intraday bias in USD/CAD stays neutral at this point. Consolidations from 1.3965 could extend. But as long as 38.2% retracement of 1.3840 to 1.3965 at 1.3780 Read more…
In focus today The most important US data release of the week will be the March flash CPI this afternoon. We expect headline inflation to pick up to +0.9% m/m SA and 3.3% y/y (Feb: Read more…