Daily Pivots: (S1) 0.9930; (P) 0.9968; (R1) 1.0001; More…. Outlook in EUR/CHF remains unchanged as consolidation from 1.0095 is extending. Deeper fall could be seen and break of 0.9873 support cannot be ruled out. But Read more…
Daily Pivots: (S1) 1.3270; (P) 1.3309; (R1) 1.3355; More… Intraday bias in USD/CAD is turned neutral with current recovery. Outlook is unchanged that while choppy decline from 1.3704 might extend, strong support is expected from Read more…
Daily Pivots: (S1) 0.7045; (P) 0.7101; (R1) 0.7134; More… Intraday bias in AUD/USD is turned neutral again as it retreated after hitting 0.7156. On the upside, break of 0.7156 will resume the up trend from Read more…
USDCAD has declined considerably after touching the 1.3700 round number, losing more than 3%. During Thursday’s trading session, it posted an almost three-month low of 1.3260, while it is currently not far above that nadir. The negatively Read more…
The Nasdaq 100 rallies as investors keep going risk-on. The rally further gained traction after its surge above December’s high of 12200. Strong momentum is a sign that the bears are staying on the sidelines. Read more…
Daily Pivots: (S1) 1.2164; (P) 1.2282; (R1) 1.2342; More… GBP/USD’s break of 1.2252 minor support indicates that corrective pattern from 1.2445 has finally started the third leg. Intraday bias is back on the downside for Read more…
Daily Pivots: (S1) 0.9082; (P) 0.9110; (R1) 0.9161; More… USD/CHF recovered again ahead of 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056 and intraday bias is turned neutral. On the downside, sustained break Read more…
Markets It didn’t quite turn out how we expected it to be. Especially on bond markets. Fed Chair Powell and ECB Lagarde missed out on the opportunity to talk up markets towards their envisioned monetary Read more…
Market movers today Rounding off an eventful week, the main event today will be the US January jobs report. Consensus is looking for a moderation in the non-farm payrolls growth, yet the recent data releases Read more…
Yesterday was, again, a fantastic day of trading for equities, as the less hawkish than expected tone from the European Central Bank (ECB) and the Bank of England (BoE) meetings joined the optimistic vibes from Read more…