Daily Pivots: (S1) 0.8006; (P) 0.8023; (R1) 0.8055; More… Intraday bias in USD/CHF remains neutral for the moment. Price actions from 0.7828 low is seen are a corrective pattern. On the upside, above 0.8052 resistance Read more…
Daily Pivots: (S1) 0.6597; (P) 0.6611; (R1) 0.6624; More… Intraday bias in AUD/USD remains on the upside at this point as rise from 0.6420 is in progress. Further rally should be seen to retest 0.6709 Read more…
Daily Pivots: (S1) 1.3931; (P) 1.3954; (R1) 1.3982; More… USD/CAD’s fall from 1.4139 is resuming by breaking 1.3936 and intraday bias is back on the downside. Sustained trading below 38.2% retracement of 1.3538 to 1.4139 Read more…
Looking at the S&P 500 flirting with all-time highs, and with US Q3 growth hugging the 4% mark, you’d barely think the US economy is slowing, jobs are being lost, and the Federal Reserve (Fed) Read more…
In focus today In the euro area, focus turns to wage growth and the final estimate of Q3 GDP. The data will give us the first full picture of wage developments in the third quarter, Read more…
Daily Pivots: (S1) 0.9332; (P) 0.9347; (R1) 0.9373; More…. EUR/CHF’s rise from 0.9178 resumed by breaking through 0.9349, and intraday bias is back on the upside. As noted before, fall from 0.9660 could have completed Read more…
Daily Pivots: (S1) 0.8721; (P) 0.8738; (R1) 0.8753; More… Intraday bias in EUR/GBP remains on the downside at this point. Break of 55 D EMA (now at 0.8745) indicates rejection by 0.8867 fibonacci level. Further Read more…
Daily Pivots: (S1) 1.7577; (P) 1.7643; (R1) 1.7681; More… Intraday bias in EUR/AUD remains on the downside for 1.7561 support. Firm break there should confirm that larger corrective pattern from 1.8554 is already in the Read more…
Daily Pivots: (S1) 206.26; (P) 206.81; (R1) 207.27; More… GBP/JPY retreated after edging higher to 207.34 briefly, and intraday bias is turned neutral gain. Further rise is expected as long as 205.17 support holds. Above Read more…
Daily Pivots: (S1) 180.24; (P) 180.77; (R1) 181.14; More… EUR/JPY dips again today but stays above 179.74 support. Intraday bias remains neutral and another rally is still in favor. On the upside, break of 181.98 Read more…