Daily Pivots: (S1) 0.7022; (P) 0.7055; (R1) 0.7075; More… Intraday bias in AUD/USD remains neutral as consolidations continue below 0.7146. Deeper retreat might be seen, but downside should be contained above 0.6896 support to bring Read more…
Daily Pivots: (S1) 1.3652; (P) 1.3677; (R1) 1.3720; More… Intraday bias in USD/CAD remains neutral as consolidations from 1.3480 is still extending. While stronger rebound cannot be ruled out, upside should be limited by 55 Read more…
Daily Pivots: (S1) 0.9097; (P) 0.9119; (R1) 0.9131; More…. Intraday bias in EUR/CHF remains neutral and more consolidations could be seen above 0.9092. With 0.9180 resistance intact, further decline is expected. On the downside, firm Read more…
Daily Pivots: (S1) 0.8716; (P) 0.8734; (R1) 0.8751; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. On the upside, decisive break of 0.8744 resistance will indicate that fall from 0.8863 has completed Read more…
Daily Pivots: (S1) 1.6704; (P) 1.6733; (R1) 1.6762; More… Intraday bias in EUR/AUD remains neutral at this point. More consolidations could be seen. But with 1.7060 resistance intact, outlook stays bearish and further decline is Read more…
Daily Pivots: (S1) 207.91; (P) 208.56; (R1) 209.57; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, sustained break of 38.2% retracement of 197.47 to 214.98 at 208.29 will suggest that Read more…
Equity indices across European and US markets rose yesterday. Big Tech and software stocks rebounded, alongside gold and silver. Bitcoin lagged, underperforming the broader risk rally, but overall it was a constructive session. The rebound Read more…
In focus today The euro area consumer confidence data for February is released today and will shed light on the mood among households that are expected to drive growth this year. Consumer confidence remains low Read more…
Daily Pivots: (S1) 181.67; (P) 182.10; (R1) 182.89; More… EUR/JPY’s break of 182.99 minor resistance argues that a short term bottom was formed at 180.78, after drawing support from 38.2% retracement of 172.24 to 186.86 Read more…
Risk appetite was strong in Asian markets today, with several centers returning from Lunar New Year holidays and equities advancing. South Korea led the gains, with the Kospi hitting a fresh record high, driven by Read more…