The Canadian dollar strengthened against the U.S. dollar today, pushing USD/CAD down to 1.39750 – a level that acted as resistance in early October but has since turned into support. The pair’s fluctuations come amid Read more…
Markets Friday’s US combination of slightly softer than expected September inflation with strong headline October PMIs & weaker output price pressures offered fertile breeding ground for stock markets. Business confidence for the year ahead deteriorated Read more…
Another week of trading starts on a positive footing, buoyed by a range of news items pleasing investors. The first came from the long-awaited US inflation data released on Friday after weeks of official data Read more…
In focus today Starting off a busy week in the euro area, today sees the release of September credit data and October’s German Ifo indicator. Credit growth has been strong in 2025 with recent growth Read more…
Daily Pivots: (S1) 202.85; (P) 203.33; (R1) 203.83; More… Intraday bias in GBP/JPY remains mildly on the upside for retesting 205.30 resistance. Firm break there will resume larger rise to 61.8% projection of 184.35 to Read more…
Daily Pivots: (S1) 177.37; (P) 177.60; (R1) 178.00; More… EUR/JPY’s break of 177.91 resistance confirms resumption of larger up trend. Intraday bias stays on the upside for 61.8% projection of 161.06 to 173.87 from 172.24 Read more…
Daily Pivots: (S1) 0.8712; (P) 0.8729; (R1) 0.8753; More… Intraday bias in EUR/GBP remains neutral with immediate focus on 0.8750 resistance. Firm break there will resume larger rise from 0.8221 to 0.8867 fibonacci level. On Read more…
Daily Pivots: (S1) 1.7826; (P) 1.7861; (R1) 1.7893; More… EUR/AUD’s fall from 18160 resumed by breaking through 1.7798 temporary low. The development dampened the original bullish view, and suggests that corrective pattern from 1.8554 is Read more…
Daily Pivots: (S1) 0.9236; (P) 0.9246; (R1) 0.9260; More…. Intraday bias in EUR/CHF remains neutral as consolidations continues above 0.9208. Upside should be limited below 0.9311 support turned resistance. On the downside, break of 0.9204 Read more…
Daily Pivots: (S1) 1.1603; (P) 1.1626; (R1) 1.1650; More… Range trading continues in EUR/USD and intraday bias stays neutral. On the downside, below 1.1540 will resume the decline from 1.1917 and target 1.1390 support, or Read more…