Daily Pivots: (S1) 1.5454; (P) 1.5485; (R1) 1.5547; More… EUR/AUD is still bounded in sideway consolidation from 1.5704 and intraday bias remains neutral. In case of another fall, downside should be contained by 55 day Read more…
Daily Pivots: (S1) 0.9838; (P) 0.9861; (R1) 0.9899; More…. EUR/CHF is still bounded in sideway consolidation form 0.9953 and intraday bias stays neutral. On the upside, firm break of 0.9953 resistance will resume larger rally Read more…
Market The reaction to Friday’s strong payrolls report is telling. Net job growth beat consensus at 263k with average hourly earnings growth accelerating to 0.6% M/M and 5.1% Y/Y. The unemployment rate stabilized at 3.7%, Read more…
US stocks fell on Friday, after the latest data showed that Americans got more jobs in November, and more importantly they got a better pay. Wages grew by 0.6% over the month, which was the Read more…
Market movers today This week will be quiet in terms of key data releases as markets await the final ECB and Fed meetings of the year on 14 and 15 December. In euro area, October Read more…
Daily Pivots: (S1) 1.0466; (P) 1.0505; (R1) 1.0583; More… Intraday bias in EUR/USD remains on the upside at this point. Rise from 0.9534 should target 1.0609 fibonacci level. Further rally is expected as long as Read more…
Daily Pivots: (S1) 1.2187; (P) 1.2243; (R1) 1.2352; More… Intraday bias in GBP/USD stays on the upside at this point. Current rally form 1.0351 should target 1.2759 medium term fibonacci level next. On the downside,e Read more…
Daily Pivots: (S1) 0.9317; (P) 0.9378; (R1) 0.9430; More… Intraday bias in USD/CHF stays on the downside as fall from 1.0146 is in progress. Next target is 61.8% projection of 1.0146 to 0.9355 from 0.9545 Read more…
Daily Pivots: (S1) 133.33; (P) 134.65; (R1) 135.67; More… Intraday bias in USD/JPY stays on the downside. Fall form 151.93 is in progress for for 133.07 medium term fibonacci level or further to 55 week Read more…
Daily Pivots: (S1) 1.3424; (P) 1.3472; (R1) 1.3524; More…. Intraday bias in USD/CAD stays neutral at this point. On the upside, break of 1.3644 resistance will affirm the case that correction from 1.3976 has completed Read more…