ECB Governing Council member Joachim Nagel stated today that the decision to cut interest rates yesterday was “logical” given the tendency for inflation to decrease. However, he emphasized that inflation remains “stubborn,” particularly in the Read more…
USDCAD constrained within a range as US & Canadian jobs data awaited at 12:30 GMT Bulls need a rally above 1.3775; bears could take control below 1.3578 USDCAD has been swinging sideways over the past Read more…
Gold price started a fresh increase above $2,350. Crude oil is recovering and might rise toward the $78.40 resistance zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase Read more…
Daily Pivots: (S1) 198.63; (P) 199.28; (R1) 199.73; More…. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On Read more…
Daily Pivots: (S1) 169.03; (P) 169.66; (R1) 170.09; More…. Intraday bias in EUR/JPY stays neutral and outlook is unchanged. Current development suggests that rebound from 164.31 has completed at 170.81. Risk will stay on the Read more…
Daily Pivots: (S1) 0.8500; (P) 0.8512; (R1) 0.8526; More…. Sideway trading continues in EUR/GBP and intraday bias stays neutral. Further decline is expected as long as 55 D EMA (now at 0.8546) holds. Decisive break Read more…
Daily Pivots: (S1) 1.6288; (P) 1.6346; (R1) 1.6394; More…. Sideway trading continues in EUR/AUD and intraday bias stays neutral. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as Read more…
Daily Pivots: (S1) 0.9672; (P) 0.9697; (R1) 0.9709; More…. No change in EUR/CHF’s outlook and intraday bias remains neutral at this point. On the upside, break of 0.9740 minor resistance will argue that pull back Read more…
Daily Pivots: (S1) 1.0867; (P) 1.0884; (R1) 1.0907; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. Further rally is expected as long as 1.0788 support holds. Break of 1.0915 Read more…
Daily Pivots: (S1) 1.2766; (P) 1.2788; (R1) 1.2812; More….. Intraday bias in GBP/USD remains neutral as range trading continues. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the Read more…