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Eurozone industrial production dropped -1.8% mom in March, slightly worse than expectation of -1.7% mom. Production of capital goods fell by -2.7%, non-durable consumer goods by -2.3%, intermediate goods by -2.0% and energy by -1.7%, Read more…
There are decades where nothing happens and there are weeks where decades happen is certainly a quote to sum up this week. Read below to find out more. Dollar Index (DXY): The week got off Read more…
Bitcoin added 0.6% on Thursday, ending the day around $28.6K, a modest gain but a significant intraday win. Bitcoin managed to find support near $25K on Thursday morning, reversing a multi-day decline. Since the start Read more…
USDCAD’s fresh advances have breached the broader 1.2927-1.2986 resistance barrier that extends back to early November of 2020. The longer-term 100- and 200-day simple moving averages (SMAs) are discreetly sponsoring the upside, while the rising Read more…
Daily Pivots: (S1) 154.98; (P) 157.14; (R1) 158.68; More… Intraday bias in GBP/JPY remains mildly on the downside for the moment. Current fall from 168.40 would target 150.95 key structural support next. For now, risk Read more…
Daily Pivots: (S1) 131.66; (P) 134.20; (R1) 135.75; More…. Intraday bias in EUR/JPY stays mildly on the downside. Fall from 139.99 could extend further to 61.8% retracement of 124.37 to 139.99 at 130.33. For now, Read more…
Daily Pivots: (S1) 0.8463; (P) 0.8541; (R1) 0.8589; More… Intraday bias in EUR/GBP stays mildly on the downside for pull back to 0.8465 support turned resistance. But overall, rise from 0.8201 is still in favor Read more…
Daily Pivots: (S1) 1.5061; (P) 1.5170; (R1) 1.5253; More… Intraday bias in EUR/AUD remains neutral for the moment, with focus on 1.5354 cluster resistance (100% projection of 1.4318 to 1.5053 from 1.4597 at 1.5332. Rejection Read more…
Daily Pivots: (S1) 1.0358; (P) 1.0418; (R1) 1.0472; More…. EUR/CHF recovered after drawing support from 1.0369 resistance turned support. Intraday bias remains neutral first and further rise could still be seen. On the upside sustained Read more…