GBP/USD is attempting a recovery wave above 1.3100. EUR/GBP is consolidating and might aim for a fresh increase above 0.8800. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh Read more…
Last week was a tough one: it was marked by a cocktail of rare but discouraging US data. Falling yields failed to lift risk appetite, and better-than-expected tech earnings couldn’t lure investors back on board. Read more…
In focus today In Norway, October inflation data is released today, and we expect unchanged core inflation at 3.0% y/y. October is a month with limited seasonal variations so the range of outcomes this time Read more…
Daily Pivots: (S1) 1.1532; (P) 1.1562; (R1) 1.1593; More… Intraday bias remains neutral at this point. Further fall would remain in favor as long as 55 D EMA (now at 1.1623) holds. Below 1.1467 will Read more…
Daily Pivots: (S1) 152.97; (P) 153.28; (R1) 153.75; More… USD/JPY is still bounded in consolidations below 154.47 and intraday bias stays neutral. Further rally is expected as long as 151.52 support holds. Above 154.47 will Read more…
Daily Pivots: (S1) 1.3112; (P) 1.3144; (R1) 1.3192; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen above 1.3008. Further decline is expected as long as 1.3247 support turned resistance holds. Read more…
Daily Pivots: (S1) 0.8027; (P) 0.8056; (R1) 0.8080; More… Intraday bias in USD/CHF remains neutral at this point. On the downside, decisive break of 55 D EMA (now at 0.8007) will argue that the corrective Read more…
Daily Pivots: (S1) 0.6475; (P) 0.6488; (R1) 0.6507; More… Intraday bias in AUD/USD remains neutral ad more sideway trading could be seen. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of Read more…
Daily Pivots: (S1) 1.4006; (P) 1.4066; (R1) 1.4106; More… Intraday bias in USD/CAD remains mildly on the downside for the moment. Fall from 1.4139 short term top would extend towards 1.3886 support. On the upside, Read more…
Daily Pivots: (S1) 0.9302; (P) 0.9315; (R1) 0.9324; More…. Intraday bias in EUR/CHF stays neutral and more consolidations could be seen below 0.9325 temporary top. On the upside, break of 0.9325 will target 0.9371 resistance. Read more…