In focus today In Sweden, the February NIER Economic Tendency Survey will be released (at 9.00 CET). In January, it was nearly unchanged, with strong firm readings offset by weaker consumer confidence. For inflation, the Read more…
Daily Pivots: (S1) 0.7078; (P) 0.7102; (R1) 0.7148; More… AUD/USD is still bounded in range below 0.7146 and intraday bias stays neutral at this point. Consolidations could continue and deeper retreat cannot be ruled out. Read more…
Daily Pivots: (S1) 1.3663; (P) 1.3685; (R1) 1.3698; More… Intraday bias in USD/CAD remains neutral at this point. Consolidations from 1.3480 is in progress and stronger rebound might be seen. But upside should be limited Read more…
Daily Pivots: (S1) 0.9112; (P) 0.9122; (R1) 0.9136; More…. Intraday bias in EUR/CHF remains neutral as consolidations continue above 0.9092. Stronger rebound might be seen but upside should be limited by 38.2% retracement of 0.9394 Read more…
Daily Pivots: (S1) 0.8701; (P) 0.8717; (R1) 0.8725; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. On the upside, decisive break of 0.8744 resistance. should confirm that fall from 0.8863 has completed Read more…
Daily Pivots: (S1) 1.6536; (P) 1.6612; (R1) 1.6654; More… Intraday bias in EUR/AUD remains on the downside for the moment. Fall from 1.8554 is in progress and should target 138.2% projection of 1.8554 to 1.7245 Read more…
Daily Pivots: (S1) 210.64; (P) 211.38; (R1) 212.76; More… GBP/JPY’s rebound from 207.20 is in progress and intraday bias stays on the upside. Pull back from 214.98 has completed as a near term correction at Read more…
Daily Pivots: (S1) 183.66; (P) 184.22; (R1) 185.24; More… EUR/JPY’s rally from 180.78 is still in progress and intraday bias remains on the upside for 186.22/86 resistance zone. Decisive break there will confirm larger up Read more…
Yen recovered mildly today following hawkish comments from BoJ Governor Kazuo Ueda, who signaled that the bank will “scrutinize data” at the March and April meetings before making a rate decision. However, gains remain capped Read more…
Key Highlights GBP/USD started a fresh decline from 1.3720 and dipped below 1.3600. A key bearish trend line is forming with resistance at 1.3550 on the 4-hour chart. Bitcoin recovered some losses and climbed above Read more…