Daily Pivots: (S1) 0.8729; (P) 0.8740; (R1) 0.8756; More… Intraday bias in EUR/GBP remains neutral with focus on 0.8744 resistance. Decisive break there should confirm that fall from 0.8863 has completed as a correction. Further Read more…
Daily Pivots: (S1) 1.6634; (P) 1.6704; (R1) 1.6749; More… EUR/AUD is staying in consolidations above 1.6620 and intraday bias remains neutral at this point. With 1.7060 resistance intact, outlook stays bearish and further decline is Read more…
Daily Pivots: (S1) 0.9097; (P) 0.9114; (R1) 0.9140; More…. EUR/CHF is still bounded in consolidations from 0.9092 and intraday bias stays neutral. Further decline is expected with 0.9180 resistance intact. On the downside, firm break Read more…
Daily Pivots: (S1) 1.1743; (P) 1.1775; (R1) 1.1809; More…. Intraday bias in EUR/USD remains on the downside as fall from 1.2081 continues today. Sustained trading below 55 D EMA (now at 1.1763) will raise the Read more…
Daily Pivots: (S1) 154.58; (P) 154.96; (R1) 155.38; More… USD/JPY’s rally from 152.25 continues today and intraday bias stays on the upside for 157.65 resistance first. Break there will target a retest on 159.44 high. Read more…
Daily Pivots: (S1) 1.3428; (P) 1.3473; (R1) 1.3511; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3867 is in progress. Current development suggests that the decline is at least correcting the Read more…
Daily Pivots: (S1) 0.7726; (P) 0.7745; (R1) 0.7768; More…. No change in USD/CHF’s outlook as price actions from 0.7603 are seen as a consolidation pattern in the larger down trend. Intraday bias remains neutral. While Read more…
Daily Pivots: (S1) 1.3662; (P) 1.3689; (R1) 1.3708; More… No change in USD/CAD’s outlook and price actions from 1.3480 are seen as a consolidation pattern in the larger decline. Intraday bias stays neutral at this Read more…
UK retail sales volumes jumped 1.8% mom in January, far exceeding expectations of 0.2% and marking the largest monthly increase since May 2024. The rebound suggests consumers began the year on firmer footing despite broader Read more…
In focus today In the euro area, the flash February PMI report is released today. We expect a decent increase in the manufacturing PMI to 50.0 from 49.5 as we have received positive signs from Read more…