Markets Except for the (strong) US services ISM on Monday last week’s eco calendar was light. Friday’s US CPI revision in this respect didn’t change the picture. US auctions (3-y, 10-Y, 30-y) all met solid Read more…
Last Friday’s inflation revisions in the US were insignificant and hinted that inflation in the US was about the same by the end of last year. Consumer prices rose 3.3% in the final 3 months Read more…
In focus today Today is a quiet day on the data front. Market focus will be on the string of Fed/ECB speakers making public remarks. In Denmark, CPI inflation is released for January. We expect Read more…
Daily Pivots: (S1) 188.21; (P) 188.54; (R1) 188.84; More… Intraday bias in GBP/JPY remains on the upside at this point. Decisive break of 188.90 resistance will confirm larger up trend resumption. Next near term target Read more…
Daily Pivots: (S1) 160.76; (P) 161.01; (R1) 161.25; More… Intraday bias in EUR/JPY remains on the upside for 161.84 resistance. Firm break there will rebound whole rise from 153.15 to retest 161.84. For now, further Read more…
Daily Pivots: (S1) 0.8532; (P) 0.8540; (R1) 0.8548; More… Range trading continues in EUR/GBP and intraday bias remains neutral at this point. While another recovery cannot be ruled out, outlook will stay bearish as long Read more…
Daily Pivots: (S1) 1.6494; (P) 1.6550; (R1) 1.6583; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 Read more…
Daily Pivots: (S1) 0.9418; (P) 0.9429; (R1) 0.9446; More… Intraday bias in EUR/CHF remains on the upside for 0.9471 resistance first. Firm break there will resume whole rebound from 0.9252. Next target is 100% projection Read more…
Daily Pivots: (S1) 1.0766; (P) 1.0781; (R1) 1.0799; More… EUR/USD is staying in consolidation above 1.0722 and intraday bias remains neutral for the moment. While stronger recovery cannot be ruled out, outlook will stay bearish Read more…
Daily Pivots: (S1) 1.2604; (P) 1.2624; (R1) 1.2648; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, firm break of 1.2641 resistance will affirm the case that correction from 1.2826 has Read more…