Markets Friday’s dip buyers were rewarded by yesterday’s buoyant market conditions, especially in the US. The EuroStoxx50 was still in doubt (+0.25%), but main US indices gained 1.55% (S&P) to 2.7% (Nasdaq). If they manage Read more…
Friday’s rebound was thanks to NY Federal Reserve (Fed) President John Williams — who, in the middle of a less-dovish Fed crowd, said the Fed could lower rates in the near term – The Comment Read more…
In focus today Several key indicators for the US economy are set to be released in the afternoon. This includes the PPI, retail sales and the consumer confidence indicator. Note that the PPI and retail Read more…
Daily Pivots: (S1) 205.02; (P) 205.46; (R1) 206.09 More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 206.84. Deeper retreat cannot be ruled out, but downside be contained by 202.31 Read more…
Daily Pivots: (S1) 180.14; (P) 180.71; (R1) 181.34; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 181.98. Deeper retreat cannot be ruled out, but downside should be contained by Read more…
Daily Pivots: (S1) 0.8777; (P) 0.8799; (R1) 0.8813; More… Intraday bias in EUR/GBP remains neutral as sideway trading continues. Considering bearish divergence condition in 4H MACD, firm break of 0.8765 support will confirm short term Read more…
Daily Pivots: (S1) 1.7782; (P) 1.7845; (R1) 1.7889; More… Intraday bias in EUR/AUD stays neutral as sideway trading continues. On the upside, above 1.7934 will resume the rebound from 1.7561 towards 0.8160 resistance. On the Read more…
Daily Pivots: (S1) 0.9299; (P) 0.9313; (R1) 0.9327; More…. Focus stays on 0.9325 resistance in EUR/CHF. Considering bullish convergence condition in D MACD, decisive break of 0.9325 will argue that whole fall from 0.9660 has Read more…
Daily Pivots: (S1) 1.1499; (P) 1.1524; (R1) 1.1547; More… Intraday bias in EUR/USD remains neutral for the moment, and some more consolidations could be seen. Nevertheless, risk will stay on the downside as long as Read more…
Daily Pivots: (S1) 156.46; (P) 156.82; (R1) 157.30; More… USD/JPY’s consolidations continue below 157.88 and intraday bias remains neutral. Downside of retreat should be contained by 154.47 resistance turned support to bring rebound. On the Read more…