Daily Pivots: (S1) 180.24; (P) 180.77; (R1) 181.14; More… Range trading continues in EUR/JPY and intraday bias stays neutral. Further rally is expected with 179.74 support intact. On the upside, break of 181.98 will resume Read more…
Daily Pivots: (S1) 0.8725; (P) 0.8734; (R1) 0.8743; More… Intraday bias in EUR/GBP is turned neutral with current recovery. But further decline is expected with 0.8800 resistance intact. Fall from 0.8863 should at least be Read more…
Daily Pivots: (S1) 1.7499; (P) 1.7565; (R1) 1.7599; More… Intraday bias in EUR/AUD remains on the downside at this point. Fall from 1.8160 is seen as the third leg of the pattern from 1.8554. Deeper Read more…
Daily Pivots: (S1) 0.9354; (P) 0.9363; (R1) 0.9378; More…. Intraday bias in EUR/CHF stays on the upside, as rise from 0.9178 is in progress for 0.9452 key structural resistance. Decisive break there will carry larger Read more…
Daily Pivots: (S1) 1.1624; (P) 1.1648; (R1) 1.1668; More…. Intraday bias in EUR/USD stays neutral, and further rally is in favor with 1.1590 minor support intact. Corrective fall from 1.1917 could have completed at 1.1467. Read more…
Daily Pivots: (S1) 154.66; (P) 155.07; (R1) 155.80; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, below 154.33 will target 55 D EMA (now at 153.27). Firm break there will Read more…
Daily Pivots: (S1) 1.3311; (P) 1.3336; (R1) 1.3357; More… Intraday bias in GBP/USD stays neutral first and further rally is expected with 1.3178 support intact. As noted before, fall from 1.3787 should have completed as Read more…
Daily Pivots: (S1) 0.8014; (P) 0.8034; (R1) 0.8067; More… Intraday bias in USD/CHF remains neutral for the moment. Overall outlook is unchanged that price actions from 0.7828 are developing into a corrective pattern. On the Read more…
Last week was full of uncertainties and mixed signals, but US indices ultimately ended in the green after the PCE report — the Fed’s preferred inflation gauge — confirmed that inflation remains elevated, near 3%, Read more…
In focus today In the euro area, focus turns to the Sentix investor confidence indicator for December and the German industrial production data for October. The Sentix indicator will give us the first signal of Read more…