Markets The US dollar pushed beyond the first technical boundaries going into the weekly and monthly close. EUR/USD fell below the previous October low of 1.1542 last Friday, setting the stage for a revisit of Read more…
Swiss inflation cooled further in October, with headline CPI slipping -0.3% mom — weaker than expectations of -0.1% mom. Annual inflation eased to just 0.1% yoy from 0.2% yoy, undershooting forecasts of 0.3% yoy. The Read more…
Last week ended with slowing appetite after the Federal Reserve (Fed) cast doubt on another 25bp cut in December and Big Tech earnings failed to impress investors despite beating lofty expectations. But nearly two-thirds of Read more…
In focus today From the US, the October ISM Manufacturing index is due for release. The flash PMI released earlier, and the regional Fed indices point to a small uptick. Private-sector data remains in focus Read more…
Daily Pivots: (S1) 201.93; (P) 202.42; (R1) 203.00; More… Intraday bias in GBP/JPY remains neutral for the moment, and further rise is expected. Break of 204.22 will will suggest that rise from 184.35 is resuming Read more…
Daily Pivots: (S1) 177.27; (P) 177.92; (R1) 178.38; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 178.80. Downside of pullback should be contained above 174.80 support. On the upside, Read more…
Daily Pivots: (S1) 0.8785; (P) 0.8799; (R1) 0.8809; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen below 0.8817. Further rally is expected as long as 0.8750 resistance turned above holds. Read more…
Daily Pivots: (S1) 1.7584; (P) 1.7641; (R1) 1.7685; More… Intraday bias in EUR/AUD remains neutral first. On the downside, firm break of 1.7569 support will solidify the case that corrective pattern from 1.8554 is already Read more…
Daily Pivots: (S1) 0.9264; (P) 0.9278; (R1) 0.9297; More…. Intraday bias in EUR/CHF remains neutral for the moment. Price action from 0.9208 is seen as a corrective pattern, and upside should be limited by 0.9311 Read more…
Daily Pivots: (S1) 1.1513; (P) 1.1545; (R1) 1.1569; More… Intraday bias in EUR/USD remains on the downside at this point. Current fall from 1.1917 should target 1.1390 support. Break there will extend the decline to Read more…