Markets Boston Fed Collins is the first to officially indicate that she leans to another downshift in the Fed’s tightening pace at the February 1st policy meeting: from +50 bps in December to +25 bps. Read more…
Today is the most important day of the trading week, in terms of economic data release, as the US will reveal its latest CPI update, and it could be a make-or-break moment for the market Read more…
Daily Pivots: (S1) 0.9936; (P) 0.9980; (R1) 1.0061; More…. EUR/CHF’s rally accelerates to as high as 1.0047 so far today. Intraday bias stays on the upside for 61.8% projection of 0.9407 to 0.9953 from 0.9720 Read more…
Daily Pivots: (S1) 0.8828; (P) 0.8855; (R1) 0.8881; More… Intraday bias in EUR/GBP remains neutral first. Sustained break of 0.8876 will confirm resumption of rise from 0.8545. Next target is 61.8% retracement of 0.9276 to Read more…
Daily Pivots: (S1) 1.5525; (P) 1.5575; (R1) 1.5627; More… Intraday bias in EUR/AUD remains neutral at this point. While further fall cannot be ruled out, strong support could be seen from 38.2% retracement of 1.4281 Read more…
Daily Pivots: (S1) 141.95; (P) 142.40; (R1) 142.99; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, below 140.15 minor support will turn bias back to the downside 137.37 low. break Read more…
Daily Pivots: (S1) 160.60; (P) 160.91; (R1) 161.29; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 158.49 minor support will turn bias back to the downside for retesting Read more…
Daily Pivots: (S1) 0.6877; (P) 0.6902; (R1) 0.6930; More… Intraday bias in AUD/USD remains neutral for the moment. Outlook will stay bullish as long as 0.6721 support holds. Break of 0.6949 will resume larger rise Read more…
Daily Pivots: (S1) 1.3405; (P) 1.3425; (R1) 1.3445; More…. Intraday bias in USD/CAD stays neutral and outlook is unchanged. Another fall could still be seen through 1.3355 temporary low. But strong support would be seen Read more…
Daily Pivots: (S1) 132.09; (P) 132.48; (R1) 132.89; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, firm break of 134.76 resistance should confirm short term bottoming, and bring stronger rise Read more…