Daily Pivots: (S1) 190.70; (P) 191.71; (R1) 193.01; More.. Range trading continues in GBP/JPY and intraday bias stays neutral for the moment. On the upside, break of 193.51 will resume larger up trend to 195.86 Read more…
Daily Pivots: (S1) 162.90; (P) 163.67; (R1) 164.68; More… Range trading continues in EUR/JPY and intraday bias stays neutral. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance Read more…
Daily Pivots: (S1) 0.8525; (P) 0.8539; (R1) 0.8551; More… Outlook in EUR/GBP remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, firm break of 0.8529 support will argue Read more…
Daily Pivots: (S1) 1.6438; (P) 1.6468; (R1) 1.6521; More… Intraday bias in EUR/AUD turned back to the upside with break of 1.6516 resistance. Further rally would be seen to 1.6677 resistance next. Break there will Read more…
Daily Pivots: (S1) 0.9662; (P) 0.9702; (R1) 0.9721; More… No change in EUR/CHF’s outlook as correction from 0.9847 is in progress. Intraday bias stays mildly on the downside for 38.2% retracement of 0.9252 to 0.9847 Read more…
UK payrolled employment fell -67k or -0.2% mom in March. Median monthly pay rose 5.6% yoy, slowed from prior month’s 6.2% yoy. Claimant count rose 10.9k, below expectation of 17.2k. In the three months to Read more…
A stronger-than-expected retail sales data from the US cemented the idea that the US economy remains too strong for the Federal Reserve (Fed) to cut the rates in summer. Retail sales jumped 0.7% in March Read more…
In focus today We continue to follow the developments in the Middle East after Iran’s strike on Israel in the weekend. It will be key to watch for signals on the extent of an Israeli Read more…
Daily Pivots: (S1) 1.0608; (P) 1.0636; (R1) 1.0653; More… Intraday bias in EUR/USD stays on the downside at this point. Current fall is part of the decline from 1.1138. Next target is 100% projection of Read more…
Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another Read more…