Daily Pivots: (S1) 0.9569; (P) 0.9587; (R1) 0.9606; More…. Intraday bias in EUR/CHF remains neutral and more consolidations would be seen above 0.9159. Further decline is expected as long as 0.9641 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.3824; (P) 1.3845; (R1) 1.3872; More… USD/CAD’s breach of 1.3858 suggests that rise from 1.3176 is resuming. Intraday bias is back on the upside. Next target is 61.8% projection of 1.3176 to Read more…
Daily Pivots: (S1) 0.6526; (P) 0.6547; (R1) 0.6570; More… AUD/USD is staying in consolidation above 0.6513 and intraday bias remains neutral. Further decline is expected as long as 55 4H EMA (now at 0.6608) holds. Read more…
Daily Pivots: (S1) 153.25; (P) 153.80; (R1) 154.58; More… USD/JPY’s recovery from 151.93 extended higher today but stays below 155.36 support turned resistance. Intraday bias remains neutral and further decline is in favor. On the Read more…
Daily Pivots: (S1) 0.8831; (P) 0.8851; (R1) 0.8882; More… USD/CHF is staying in consolidation above 0.8776 and intraday bias remains neutral. Further decline is expected as long as 0.8923 resistance holds. On the downside, break Read more…
Daily Pivots: (S1) 1.2816; (P) 1.2852; (R1) 1.2898; More… Intraday bias in GBP/USD stays on the downside as fall from 1.3043 is in progress. Decisive break of 55 D EMA (now at 1.2779) will suggest Read more…
Markets German Bunds outperformed US Treasuries at the calm start of what is going to be busy week. Yields in the country dipped between 2.9 (2-yr) and 5.3 bps (30-yr), continuing the recent yield correction. Read more…
The week kicked off on a mixed note. Equities in Europe fell, the major US indices were near flat, slightly positive for the S&P500 and Nasdaq, and slightly negative for the Dow Jones, as technology Read more…
Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. Intraday bias in EUR/USD remains on the downside for the moment. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from Read more…
Dollar remains firm against European majors in relatively quiet trading today. Despite slightly better-than-expected GDP data from France, Euro has not gained significant support. While today’s Eurozone GDP and tomorrow’s CPI flash are important, they Read more…