In focus today Today, we receive euro area consumer confidence figures for February. Consumer confidence is still at a low level which is likely the reason for the sluggish consumption ratio. Consumer confidence rebounded strongly Read more…
Nvidia hasn’t said anything yet, and the market is already making big swings – to give you an idea on the potential of a positive or a negative move when the results finally arrive. Yesterday, Read more…
Daily Pivots: (S1) 188.99; (P) 189.36; (R1) 189.70; More… Intraday bias in GBP/JPY remains neutral as consolidations continue below 190.05. Further rally is expected with 187.83 minor support intact. Break of 190.05 will target 61.8% Read more…
Daily Pivots: (S1) 161.78; (P) 162.07; (R1) 162.41; More… Intraday bias in EUR/JPY remains on the upside at this point. Current rally from 153.15 is in progress for retesting 164.29 high. On the downside, however, Read more…
Daily Pivots: (S1) 0.8546; (P) 0.8562; (R1) 0.8578; More… Intraday bias in EUR/GBP remains neutral for the moment and outlook is unchanged. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection Read more…
Daily Pivots: (S1) 1.6469; (P) 1.6487; (R1) 1.6523; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has Read more…
Daily Pivots: (S1) 0.9514; (P) 0.9523; (R1) 0.9542; More… Intraday bias in EUR/CHF remains on the upside for the moment. Current rise from 0.9252 should target 0.9574 fibonacci level next. However, considering possible bearish divergence Read more…
Daily Pivots: (S1) 1.0767; (P) 1.0803; (R1) 1.0844; More… Intraday bias in EUR/USD remains mildly on the upside as rebound from 1.0694 short term bottom is in progress. Sustained trading above above 55 D EMA Read more…
Daily Pivots: (S1) 1.2578; (P) 1.2623; (R1) 1.2668; More… GBP/USD is still staying in range of 1.2517/2619 and intraday bias remains neutral at this point. On the upside, break of 1.2691 resistance will indicate that Read more…
Daily Pivots: (S1) 0.8791; (P) 0.8814; (R1) 0.8843; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8884 is extending. With 0.8727 resistance turned support intact, further rally is still expected. On the upside, Read more…