Markets The recent core bond yield recovery ran into resistance yesterday and that had knock-on effects on other markets. Equity markets in particular enjoyed a nice run. The EuroStoxx50 ended about 0.5% higher but that Read more…
Daily Pivots: (S1) 183.18; (P) 183.72; (R1) 184.41; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has Read more…
Daily Pivots: (S1) 157.59; (P) 158.04; (R1) 158.38; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 Read more…
Daily Pivots: (S1) 0.8579; (P) 0.8600; (R1) 0.8611; More… EUR/GBP’s fall from 0.8713 is still in progress and intraday bias stays on the downside for retesting 0.8548 support. Firm break there will target 0.8491 low Read more…
Daily Pivots: (S1) 1.6238; (P) 1.6320; (R1) 1.6377; More… Further rally remains mildly in favor in EUR/AUD, as rebound from 1.6127 short term bottom would target 1.6478 resistance. Firm break there will argue that whole Read more…
Daily Pivots: (S1) 0.9274; (P) 0.9296; (R1) 0.9309; More… EUR/CHF is still bounded in consolidation above 0.9252 and intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay Read more…
The US equities followed up on the European stock market gains on Monday; technology stocks gained the most and their precious contribution to the S&P 500 pushed the latter up by more than 1.40% yesterday, Read more…
In focus today Today, from the US, the NFIB’s Small Business Optimism index will be released for December. Markets will focus especially on businesses’ perception of upcoming price changes and the outlook for labour markets. Read more…
Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Intraday bias in EUR/USD stays neutral for the moment, and outlook is unchanged. On the downside break of 1.0876 will resume the fall from 1.1138 short Read more…
Daily Pivots: (S1) 1.2692; (P) 1.2729; (R1) 1.2786; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Read more…