In focus today In the euro area, focus turns to data on credit growth for October. Loan growth to non-financial corporations increased to 2.1% y/y in September but the momentum has lowered recently in a Read more…
Daily Pivots: (S1) 205.92; (P) 206.56; (R1) 207.85; More… Intraday bias in GBP/JPY is back on the upside with break of 206.84 temporary top. Current rally from 184.35 should target a retest on 208.09 high. Read more…
Daily Pivots: (S1) 180.67; (P) 181.07; (R1) 181.84; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 181.98. Deeper retreat cannot be ruled out, but downside should be contained by Read more…
Daily Pivots: (S1) 0.8735; (P) 0.8777; (R1) 0.8798; More… Intraday bias in EUR/GBP remains on the downside for the moment. Sustained trading below 55 D EMA (now at 0.8743) will be an early sign of Read more…
Daily Pivots: (S1) 1.7750; (P) 1.7823; (R1) 1.7864; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, firm break of 1.7739 support will argue that rebound from 1.7561 has completed, and Read more…
Daily Pivots: (S1) 0.9316; (P) 0.9331; (R1) 0.9342; More…. Intraday bias in EUR/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.9349. Still, fall from 0.9660 could have completed at Read more…
Daily Pivots: (S1) 1.1563; (P) 1.1582; (R1) 1.1617; More… No change in EUR/USD’s outlook as sideway trading continues. Intraday bias remains neutral. Further decline is expected with 1.1655 resistance intact. On the downside, below 1.1490 Read more…
Daily Pivots: (S1) 155.82; (P) 156.28; (R1) 156.91; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 157.88. Downside should be contained by 154.47 resistance turned support. On the upside, Read more…
Daily Pivots: (S1) 1.3162; (P) 1.3204; (R1) 1.3282; More… GBP/USD’s break of 1.3247 support turned resistance suggests that fall from 1.3787 has completed as a three-wave correction at 1.3008. Intraday bias is back on the Read more…
Daily Pivots: (S1) 0.8027; (P) 0.8055; (R1) 0.8072; More… Intraday bias in USD/CHF remains neutral for the moment. No change in the outlook that current rise from 0.7877 is still seen as the third leg Read more…