Daily Pivots: (S1) 166.87; (P) 167.98; (R1) 169.95; More… GBP/JPY is staying in consolidation from 172.11 and intraday bias remains neutral. Further rally is mildly in favor with 164.95 support intact. On the upside, break Read more…
Daily Pivots: (S1) 145.99; (P) 146.50; (R1) 147.45; More…. EUR/JPY is staying in consolidation from 148.38 and intraday bias remains neutral. In case of deeper fall, downside should be contained by 55 day EMA (now Read more…
Daily Pivots: (S1) 0.8665; (P) 0.8728; (R1) 0.8766; More… EUR/GBP failed to sustain above 0.8779 resistance and retreated. Intraday bias stays neutral first. On the upside, firm break of 0.8779 will argue that corrective fall Read more…
Daily Pivots: (S1) 1.5416; (P) 1.5456; (R1) 1.5506; More… EUR/AUD is sill extending the correction from 1.5704 and intraday bias remains neutral. Deeper fall could be seen but downside should contained by 55 day EMA Read more…
Daily Pivots: (S1) 0.9874; (P) 0.9896; (R1) 0.9929; More…. EUR/CHF’s consolidation from 0.9953 is extending and intraday bias remains neutral. Downside of retreat should be contained by 0.9798 resistance turned support to bring rebound. On Read more…
Stock futures edge higher with mid-terms in focus; Nvidia jumps on report of new chip designed for China market; Lyft plummets after Q3 loss, muted near-term outlook; Activision gets Q3 bump from Call of Duty; Read more…
Eurozone retail sales rose 0.4% mom in September, better than expectation of 0.0% mom. Volume of retail trade increased by 1.0% for non-food products and by 0.4% for food, drinks and tobacco, while it decreased Read more…
GBPUSD returned to test February’s crucial descending trendline near 1.1535 after two strong consecutive bullish days. The positive intersection between the 20- and 50-day simple moving averages (SMAs), if sustained, could increase hopes for a bullish trend Read more…
EURJPY has been in a prolonged uptrend since early March, generating consecutive multi-year peaks. However, the pair has been consolidating in the last few daily sessions as its rally paused at the eight-year high of 148.39. The momentum Read more…
Cable eases in early Tuesday after strong two-day rally, as bulls take a breather on firmer dollar, so far unable to register a clear break above cracked 1.15 barrier. Fundamentals remain weak as red-hot inflation Read more…