Daily Pivots: (S1) 0.9398; (P) 0.9422; (R1) 0.9456; More… Intraday bias in USD/CHF is turned neutral first as it lost downside momentum ahead of 0.9355 support. On the downside, firm break of 0.9355 will resume Read more…
Daily Pivots: (S1) 1.2057; (P) 1.2105; (R1) 1.2164; More… GBP/USD’s rise from 1.0351 is in progress and intraday bias remains on the upside. Next target is 100% projection of 1.0351 to 1.1494 from 1.1145 at Read more…
Daily Pivots: (S1) 1.0380; (P) 1.0414; (R1) 1.0447; More… EUR/USD is still bounded in range below 1.0481 and intraday bias stays neutral. As long as 1.0092 resistance turned support holds, further rally is expected. On Read more…
Overall, the markets are quiet in holiday mood today. Dollar remains the worst performer for the week, followed by Canadian. Next is Euro, which is receiving no support from the slight improvement in Germany consumer Read more…
Germany Gfk Consumer Sentiment for December rose slightly from -41.9 to -40.2, better than expectation of -45.3. In November, economic expectations rose from -22.2 to -17.9. Income expectations rose from -60.5 to -54.3. Propensity to Read more…
Daily Pivots: (S1) 0.6735; (P) 0.6756; (R1) 0.6786; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. Further rise is expected as long as 0.6521 resistance turned support holds. On the upside, break Read more…
Daily Pivots: (S1) 1.3316; (P) 1.3339; (R1) 1.3361; More…. Intraday bias in USD/CAD remains neutral and outlook is unchanged. On the upside, firm break of 1.3494 will indicate that correction from 1.3976 has completed at Read more…
Daily Pivots: (S1) 167.30; (P) 167.80; (R1) 168.44; More… Intraday bias in GBP/JPY stays neutral for the moment. In the upside, break of 169.07 resistance will argue that larger up trend is ready to resume Read more…
Daily Pivots: (S1) 143.61; (P) 144.40; (R1) 145.14; More…. Intraday bias in EUR/JPY is back on the downside with break of 144.32 minor support. Corrective pattern from 148.38 is extending with another falling leg. Deeper Read more…
Daily Pivots: (S1) 0.8566; (P) 0.8601; (R1) 0.8629; More… Immediate focus is now on 0.8570 support in EUR/GBP. Firm break there will resume the decline from 0.9267. Next target is 61.8% projection of 0.9267 to Read more…