Daily Pivots: (S1) 0.8524; (P) 0.8535; (R1) 0.8542; More… EUR/GBP’s breach of 0.8512 support suggests that recent decline is resuming. Intraday bias is back on the downside for 0.8491. Break there will resume larger down Read more…
Daily Pivots: (S1) 1.6460; (P) 1.6512; (R1) 1.6547; More… No change in EUR/AUD’s outlook as sideway trading continues. Intraday bias stays neutral at this point. On the upside, decisive break of 1.6671 will revive the Read more…
Daily Pivots: (S1) 0.9418; (P) 0.9430; (R1) 0.9446; More… EUR/CHF’s rally extends today, and it’s now pressing 0.9471 resistance. Intraday bias stays on the upside. Firm break of 0.9471 will confirm resumption of whole rebound Read more…
Swiss CPI rose 0.2% mom in January, well below expectation of 0.6% mom. Core CPI (excluding fresh and seasonal products, energy and fuel), fell -0.3% mom. Domestic products prices rose 0.6% mom. Imported products prices Read more…
UK payrolled employment rose 48k or 0.2% mom in January. Over the 12-month period, payrolled employment grew 413k or 1.4% yoy. Median month pay rose 6.4% yoy, ticked up from December’s 6.3% yoy. Claimant count Read more…
The week started on a positive note on this side of the Atlantic Ocean, and on a mixed note on the American side. Equities in Europe were better bid on Monday, fueled by luxury stocks Read more…
Daily Pivots: (S1) 1.3429; (P) 1.3452; (R1) 1.3474; More… Intraday bias in USD/CAD remains neutral as sideway trading continues. Further rise is mildly in favor as long as 1.3357 support holds. On the upside, decisive Read more…
Daily Pivots: (S1) 0.6515; (P) 0.6529; (R1) 0.6545; More… AUD/USD’s consolidation from 0.6468 is still in progress and intraday bias remains neutral at this point. While stronger recovery cannot be ruled out, outlook will remain Read more…
Daily Pivots: (S1) 1.0750; (P) 1.0778; (R1) 1.0800; More… EUR/USD’s consolidation from 1.0722 is still extending and intraday bias remains neutral. While stronger recovery cannot be ruled out, outlook will stay bearish as long as Read more…
Daily Pivots: (S1) 1.2604; (P) 1.2630; (R1) 1.2653; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, firm break of 1.2653 resistance will affirm the case that correction from 1.2826 has Read more…