US stocks spent most of yesterday’s session hesitating between slight gains and slight losses, then the release of the latest Federal Reserve (Fed) minutes helped the bulls take the upper hand, as the minutes confirmed Read more…
Market movers today The main event today will be the Riksbank meeting, where we expect a 75bp hike in line with consensus and market pricing. Focus will be on forward-looking communication, we expect Riksbank to Read more…
Daily Pivots: (S1) 167.67; (P) 168.34; (R1) 168.93; More… GBP/JPY lose some upside momentum ahead 169.07 resistance and intraday bias is turned neutral first. In the upside, break of 169.07 resistance will argue that larger Read more…
Daily Pivots: (S1) 144.45; (P) 145.30; (R1) 145.95; More…. Intraday bias in EUR/JPY stays neutral for the moment. On the downside, break of 144.32 minor support will extend the corrective pattern from 148.38 with another Read more…
Daily Pivots: (S1) 0.8574; (P) 0.8637; (R1) 0.8688; More… Intraday bias in EUR/GBP stays neutral first. Break of 0.8570 will resume the decline from 0.9267. Next target is 61.8% projection of 0.9267 to 0.8570 from Read more…
Daily Pivots: (S1) 1.5390; (P) 1.5473; (R1) 1.5521; More… Intraday bias in EUR/AUD stays neutral as consolidation from 1.5704 is extending. In case of another fall, downside should be contained by 55 day EMA (now Read more…
Daily Pivots: (S1) 0.9764; (P) 0.9798; (R1) 0.9831; More…. EUR/CHF is staying in consolidation from 0.9953 and intraday bias remains neutral first. On the upside, firm break of 0.9953 resistance will resume larger rally from Read more…
Daily Pivots: (S1) 1.3319; (P) 1.3380; (R1) 1.3414; More…. Intrady bias in USD/CAD stays neutral at this point. On the upside, firm break of 1.3494 will indicate that correction from 1.3976 has completed at 1.3224, Read more…
Daily Pivots: (S1) 0.6665; (P) 0.6702; (R1) 0.6770; More… AUD/USD is staying below 0.6796 resistance and intraday bias remains neutral. Further rise is expected as long as 0.6521 resistance turned support holds. On the upside, Read more…
Daily Pivots: (S1) 138.64; (P) 140.12; (R1) 141.08; More… USD/JPY’s break of 139.63 minor support suggests that recovery has completed at 142.24. Intraday bias is back on the downside. Break of 137.66 will resume the Read more…