Daily Pivots: (S1) 0.8692; (P) 0.8707; (R1) 0.8732; More… Range trading continues in EUR/GBP and intraday bias stays neutral. On the downside, break of 0.8654 will resume the fall from 0.8750 to 0.8631 support. Decisive Read more…
Daily Pivots: (S1) 1.7792; (P) 1.7848; (R1) 1.7897; More… EUR/AUD breached 1.7818 support but quickly recovered. Intraday bias stays neutral first. On the upside, above 1.7965 will turn bias back to the upside for retesting Read more…
Daily Pivots: (S1) 0.9231; (P) 0.9242; (R1) 0.9250; More…. EUR/CHF is staying in consolidations above 0.9208 and intraday bias remains neutral. Outlook will remain bearish as long as 0.9311 support turned resistance holds. On the Read more…
Markets Different market segments to some extent again focused on different markets themes/drivers. Core yields showed tentative signs of bottoming yesterday, after a protracted decline throughout most of this month. A jump in oil prices Read more…
UK retail activity surprised to the upside in September, with sales volumes rising 0.5% mom, defying expectations of a -0.2% mom decline. The gain marked the fourth consecutive monthly increase, lifting total sales to their Read more…
Trade tensions between the US and China eased — after flaring up, easing and flaring up again over recent weeks — on news that Trump and Xi will meet next Thursday at a summit in Read more…
In focus today The delayed US September CPI is set to be released at 14:30 CET. We forecast headline CPI at 3.1% y/y from 2.9% and core CPI inflation at 3.1% y/y from 3.1%. We Read more…
Daily Pivots: (S1) 1.1595; (P) 1.1608; (R1) 1.1630; More… Intraday bias in EUR/USD remains neutral, and further decline is expected with 1.1727 resistance intact. Break of 1.1540 will resume the fall from 1.1917 to 1.1390 Read more…
Daily Pivots: (S1) 152.01; (P) 152.40; (R1) 152.99; More… Intraday bias in USD/JPY stays on the upside at this point. Break of 153.26 will larger rally from 139.87 to 100% projection of 142.66 to 150.90 Read more…
Daily Pivots: (S1) 1.3301; (P) 1.3333; (R1) 1.3358; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Fall from 1.3725 could extend lower and break of 1.3247 will target 1.3140 cluster (38.2% retracement Read more…