Daily Pivots: (S1) 0.8746; (P) 0.8758; (R1) 0.8770; More… Intraday bias in EUR/GBP remains on the downside and outlook is unchanged. Sustained trading below 55 D EMA (now at 0.8744) will be an early sign Read more…
Daily Pivots: (S1) 1.7725; (P) 1.7760; (R1) 1.7781; More… EUR/AUD’s break of 1.7739 supports suggests that rebound from 1.7561 has completed as a corrective move at 1.7976. Intraday bias is back on the downside for Read more…
Daily Pivots: (S1) 0.9318; (P) 0.9332; (R1) 0.9345; More…. Intraday bias in EUR/CHF stays neutral and more consolidations could be seen below 0.9349. Fall from 0.9660 could have completed at 0.9178, on bullish convergence condition Read more…
Daily Pivots: (S1) 1.4022; (P) 1.4037; (R1) 1.4045; More… USD/CAD is still bounded in consolidations below 1.4139 and intraday bias remains neutral. Further rally is expected with 1.3970 support intact. On the upside, decisive break Read more…
Daily Pivots: (S1) 0.6520; (P) 0.0.6530; (R1) 0.6544; More… Intraday bias in AUD/USD stays on the upside at for 0.6579 resistance. Decisive break there should confirm that whole fall from 0.6706 has completed as a Read more…
Daily Pivots: (S1) 1.1578; (P) 1.1596; (R1) 1.1615; More… EUR/USD is still bounded in sideway trading and intraday bias remains neutral. Further decline is expected with 1.1655 resistance intact. On the downside, below 1.1490 and Read more…
Daily Pivots: (S1) 1.3210; (P) 1.3240; (R1) 1.3270; More… Intraday bias in GBP/USD remains mildly on the upside for the moment. As noted before, corrective fall from 1.3787 could have completed at 1.3008 already. Sustained Read more…
Daily Pivots: (S1) 0.8027; (P) 0.8048; (R1) 0.8069; More… USD/CHF is still bounded in consolidations below 0.8101 and intraday bias remains neutral. Outlook is unchanged that current rise from 0.7877 is still seen as the Read more…
Daily Pivots: (S1) 155.85; (P) 156.17; (R1) 156.63; More… USD/JPY is still bounded in consolidations below 157.88 and intraday bias remains neutral. Downside should be contained by 154.47 resistance turned support. On the upside, break Read more…
Japan’s data releases were surprisingly strong today, with both industrial output and retail sales showing impressive gains. Combined, they paint a picture of an economy that is slowly regaining momentum on both production and consumption Read more…