The selloff in US sovereign bonds reversed yesterday after a solid demand for the US 3-year bond auction counterweighed a bulk of hawkish comments from Federal Reserve (Fed) members. The Fed members are on the Read more…
Daily Pivots: (S1) 186.12; (P) 186.45; (R1) 186.71; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break Read more…
Daily Pivots: (S1) 158.76; (P) 159.32; (R1) 159.66; More… No change in EUR/JPY’s outlook and intraday bias remains neutral. On the upside, decisive break of 160.25 resistance will indicate that rise from 153.15 is ready Read more…
Daily Pivots: (S1) 0.8522; (P) 0.8548; (R1) 0.8563; More… Intraday bias in EUR/GBP stays neutral as sideway trading continues. Further decline is expected with 0.8591 resistance intact. On the downside, below 0.8512 will resume the Read more…
Daily Pivots: (S1) 1.6452; (P) 1.6516; (R1) 1.6552; More… Intraday bias in EUR/AUD stays neutral as sideway trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 Read more…
Daily Pivots: (S1) 0.9340; (P) 0.9361; (R1) 0.9375; More… Intraday bias in EUR/CHF is mildly on the upside with breach of 0.9363 minor resistance. Pull back from 0.9471 could have completed at 0.9304 already. Rise Read more…
In focus today The Polish central bank announces its base rate at 14.30. We expect them to maintain their current rate level of 5.75%. Early Thursday morning, Chinese CPI and PPI for January is released, Read more…
Daily Pivots: (S1) 1.0731; (P) 1.0746; (R1) 1.0770; More… Intraday bias in EUR/USD is turned neutral first with current recovery. Focus remains on 1.0722 structural support. Decisive break there will argue that whole rise from Read more…
Daily Pivots: (S1) 1.2551; (P) 1.2577; (R1) 1.2624; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Strong support could be seen from 1.2499 structural support to complete the correction from 1.2826. Read more…
Daily Pivots: (S1) 0.8678; (P) 0.8710; (R1) 0.8729; More…. USD/CHF retreated after failing to sustain above 0.8727 resistance. Intraday bias is turned neutral again. For now, further rally is expected as long as 0.8550 support Read more…