Daily Pivots: (S1) 0.9045; (P) 0.9076; (R1) 0.9097; More…. EUR/CHF is staying in range trading and intraday bias remains neutral. Price actions from 0.9026 short term bottom are viewed as a consolidations pattern only. While Read more…
In focus today February flash inflation. Our forecast shows CPIF excluding energy at 1.41%, CPIF at 1.75%, and CPI at 0.52% y/y. See inflation preview here. Electricity prices were high in February, and we expect Read more…
Key takeaways WTI crude extends bullish breakout: Prices surged about 19% since 26 Feb, reaching a 14-month high near $78, after breaking a 28-month descending resistance, with geopolitical tensions from the United States–Israel strikes on Read more…
Market volatility is turning investors’ heads as the Middle East conflict intensifies and enters a sixth day. Earlier reports from the New York Times that Iran was ready to negotiate were later dashed by Iranian Read more…
The short-term Elliott Wave outlook for EURUSD indicates that the rally to 1.2083 on January 27 marked the completion of wave (1). Following this peak, the pair entered a corrective phase in wave (2), which Read more…
Daily Pivots: (S1) 1.1590; (P) 1.1622; (R1) 1.1670; More…. Intraday bias in EUR/USD remains neutral for consolidations above 1.1529 temporary low. On the downside, below 1.1529 will resume the fall from 1.2081. Sustained break of Read more…
Daily Pivots: (S1) 156.64; (P) 157.26; (R1) 157.65; More… Intraday bias in USD/JPY stays neutral and more consolidations could be seen below 157.97 temporary top. On the upside, above 157.96 will extend the rebound from Read more…
Daily Pivots: (S1) 1.3318; (P) 1.3361; (R1) 1.3417; More… Intraday bias in GBP/USD remains neutral for consolidations above 1.3252 temporary low. Fall from 1.3867 should at least be correcting the rise from 1.2009. Below 1.3252 Read more…
Daily Pivots: (S1) 0.7765; (P) 0.7812; (R1) 0.7838; More…. Intraday bias in USD/CHF remains neutral for the moment, and more consolidations could be seen below 0.7877 temporary top first. Further rise is expected as long Read more…
Daily Pivots: (S1) 0.7012; (P) 0.7049; (R1) 0.7112; More… AUD/USD rebounded notably but stays in established range below 0.7146. Intraday bias remains neutral and more consolidations could be seen. Further rally is still in favor Read more…