USDJPY turned green after its latest sharp bearish wave paused at an almost two-month low of 130.38 on Tuesday, with the price quickly recouping Monday’s losses in the aftermath. While the RSI and the Stochastic Read more…
Eurozone PMI Services was finalized at 51.2 in July, down from 53.0 in June. That’s the lowest level in 6 months. PMI Composite was finalized at 49.9, down from 52.0 in June, a 17-month low. Read more…
Swiss CPI was unchanged at 3.4% yoy in July, below expectation of 3.6% yoy. Core CPI rose from 1.9% yoy to 2.0% yoy. Domestic products inflation rose from 1.7% yoy to 1.8% yoy. Imported products Read more…
NZDUSD has been in a prolonged downtrend since March when it peaked at the 0.7032 region. Although the price has managed to regain some lost ground after its downfall ceased at the 26-month low of 0.6069, Read more…
EUR/USD After reaching the support at 1.0293 in the early hours of yesterday, the currency pair started a convincing decline. The key level of 1.0232 could not hold the front and declines continued until the Read more…
Daily Pivots: (S1) 160.24; (P) 161.12; (R1) 162.80; More… GBP/JPY recovered notably after dipping to 159.42 and intraday bias is turned neutral first. Sideway consolidation from 168.67 could extend further. Break of 166.31 resistance will Read more…
Daily Pivots: (S1) 134.03; (P) 134.72; (R1) 136.04; More…. EUR/JPY recovers notably after dipping to 133.38, and drawing support from 134.11. Intraday bias is turned neutral first. Firm break of 135.85 will indicate short term Read more…
Daily Pivots: (S1) 0.8333; (P) 0.8366; (R1) 0.8393; More… EUR/GBP’s decline resumes after brief consolidation and intraday bias back on the downside. Current fall from 0.8720 should target a retest on 0.8201 low. On the Read more…
Daily Pivots: (S1) 1.4591; (P) 1.4699; (R1) 1.4801; More… Intraday bias EUR/AUD is turned neutral again at this lost momentum after failing to sustain above 4 hour 55 EMA. While stronger recovery cannot be ruled Read more…
Daily Pivots: (S1) 0.9715; (P) 0.9739; (R1) 0.9758; More…. EUR/CHF is staying in consolidation above 0.9697 temporary low and intraday bias remains neutral. While further fall cannot be ruled out, some support might be seen Read more…