Switzerland’s KOF Economic Barometer ticked higher in November, rising from 101.5 to 101.7 and signaling modest improvement in the near-term economic outlook. KOF noted that the improvement is concentrated on the demand side. Indicator bundles Read more…
Swiss GDP fell -0.5% qoq in Q3, marking a sharp reversal driven almost entirely by the chemical and pharmaceutical sector. After strong momentum earlier in the year, the industry saw output plunge -7.9%, erasing prior Read more…
The short-term Elliott Wave outlook in GBPJPY indicates that the cycle from the October 2, 2025 low remains in progress as a five-wave diagonal structure. From that date, wave ((i)) concluded at 205.3, followed by Read more…
Markets US markets were closed for Thanksgiving yesterday and second tier EMU eco data failed to impress. The result was a dull, low volume, trading session. Minutes of the previous ECB meeting confirmed the central Read more…
It’s boring when the US is not here. All the show, the drama, the buzz, the rumours stop – all of a sudden – and we are left to look back and think. So let’s Read more…
In focus today In the euro area, the inflation flash estimates are released for Germany, France, Italy, and Spain which together will reveal almost entirely how inflation in the euro area fared ahead of the Read more…
Daily Pivots: (S1) 206.52; (P) 206.86; (R1) 207.28; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally from 184.35 should target a retest on 208.09 high. Firm break there will Read more…
Daily Pivots: (S1) 180.85; (P) 181.14; (R1) 181.51; More… Consolidations continue below 181.98 and intraday bias stays neutral in EUR/JPY. Deeper retreat cannot be ruled out, but downside should be contained by 178.80 resistance turned Read more…
Daily Pivots: (S1) 0.8746; (P) 0.8758; (R1) 0.8770; More… Intraday bias in EUR/GBP remains on the downside and outlook is unchanged. Sustained trading below 55 D EMA (now at 0.8744) will be an early sign Read more…
Daily Pivots: (S1) 1.7725; (P) 1.7760; (R1) 1.7781; More… EUR/AUD’s break of 1.7739 supports suggests that rebound from 1.7561 has completed as a corrective move at 1.7976. Intraday bias is back on the downside for Read more…