Eurozone CPI accelerated further from 9.1% yoy to 10.0% yoy in September, above expectation of 9.1% yoy. CPI core (ex-energy, food, alcohol & tobacco) also rose from 4.3% yoy to 4.8% yoy, above expectation of Read more…
GBPJPY has experienced some large moves in the short term, with the price losing around 10% before it recovers back above the 160.00 mark. Moreover, the technical picture is currently endorsing the resumption of the Read more…
British pound calm after tumultous week The British pound has posted slight gains, after a spectacular showing on Thursday. In the European session, GBP/USD is trading at 1.1145, up 0.26%. For anyone looking for lots Read more…
USDCAD switched to consolidation after its exponential advance above a bullish channel topped at 1.3831. Of note, the area coincides with the 61.8% Fibonacci retracement of the March 2020 – June 2021 downtrend. Encouragingly, the Read more…
USOIL on the 1H time-frame shows the marking of the final primary wave ⑤, which takes the form of an intermediate ending diagonal. We see the second half. An intermediate correction (4) in the form Read more…
Swiss KOF Economic Barometer rose slightly from 93.5 to 93.8 in September, better than expectation of of 86.2. yet, the reading remains below its long-term average, “augurs a cooling of the Swiss economy for the Read more…
Daily Pivots: (S1) 157.21; (P) 158.83; (R1) 162.04; More… GBP/JPY’s rebound form 148.93 extended higher and the break of 160.64 support turned resistance argues that fall form 169.10 is totally completed. Intraday bias is back Read more…
Daily Pivots: (S1) 140.16; (P) 140.94; (R1) 142.46; More…. EUR/JPY’s rebound from 137.32 extends higher and focus is immediately on 142.29 resistance. Firm break there will indicate that the pull back from 145.62 has completed, Read more…
Daily Pivots: (S1) 0.8774; (P) 0.8877; (R1) 0.8934; More… EUR/GBP’s pull back from 0.9267 extends lower but stays above 0.8720 resistance turned support. Intraday bias remains neutral first. On the upside, above 0.9065 will turn Read more…
Daily Pivots: (S1) 1.4962; (P) 1.5045; (R1) 1.5180; More… EUR/AUD’s rally from 1.4281 is extending and intraday bias stays on the upside. Firm break of 61.8% projection of 1.4281 to 1.4965 from 1.4716 at 1.5139 Read more…