Daily Pivots: (S1) 0.9568; (P) 0.9626; (R1) 0.9658; More…. EUR/CHF’s fall from 0.9928 resumed after brief recovery and intraday bias is back on the downside for 0.9563 support. Decisive break there will argue that whole Read more…
Daily Pivots: (S1) 1.3711; (P) 1.3738; (R1) 1.3765; More… Intraday bias in USD/CAD remains neutral and further rise is in favor with 1.3662 support intact. On the upside, above 1.3790 will resume the rebound from Read more…
Daily Pivots: (S1) 0.6617; (P) 0.6646; (R1) 0.6666; More… Intraday bias in AUD/USD remains neutral for the moment as range trading continues. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 Read more…
Daily Pivots: (S1) 1.0709; (P) 1.0763; (R1) 1.0793; More…. EUR/USD’s break of 1.0718 support revives that case that rise from 1.0601 has completed at 1.0915. Fall from there is seen as another leg inside the Read more…
Daily Pivots: (S1) 1.2732; (P) 1.2770; (R1) 1.2802; More… Intraday bias in GBP/USD remains neutral at this point. Further is expected with 1.2687 support intact. Break of 1.2859 will target 1.2892 resistance. Decisive break there Read more…
Daily Pivots: (S1) 0.8921; (P) 0.8945; (R1) 0.8962; More…. Intraday bias in USD/CHF remains neutral for the moment and more sideway trading could be seen. On the downside, sustained break of 0.8883 fibonacci level will Read more…
Markets Core bond yields stumbled yesterday. US yields dropped between 5.5 (2-yr) and 7.8 bps (30-yr) on a combination of slower than expected PPI numbers (negative even in the headline reading), a jump in weekly Read more…
Market sentiment was once again very different on both sides of the Atlantic. The European markets remained under the pressure of tense political environment in France and a 3% slump in April manufacturing production across Read more…
Daily Pivots: (S1) 155.84; (P) 156.61; (R1) 157.49; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral. On the downside, break of 154.53 will turn bias to the downside for Read more…
The Japanese Yen has taken a significant hit today, losing ground against all major currencies after BoJ refrained from detailing an immediate plan to taper its bond purchases. In the lead-up to the announcement, expectations Read more…