Daily Pivots: (S1) 0.8685; (P) 0.8708; (R1) 0.8727; More…. EUR/GBP is extending the consolidation pattern from 0.8752, with fall from 0.8754 as the third leg. Deeper decline could still be seen to 0.8648 support. But Read more…
Daily Pivots: (S1) 1.6672; (P) 1.6756; (R1) 1.6802; More… EUR/AUD fails to break through 1.6843 resistance decisively and retreated. Intraday bias is turned neutral first. On the upside, sustained break of 1.6843 will resume the Read more…
Daily Pivots: (S1) 0.9652; (P) 0.9666; (R1) 0.9688; More… EUR/CHF’s rally from 0.9416 is still in progress and intraday bias stays on the upside for 0.9691 resistance. Firm break there will argue that whole decline Read more…
The Federal Reserve (Fed) doves got a big energy boost yesterday by a slightly lower-than-expected inflation report. The headline inflation fell to 3.2% in October from 3.7% printed a month earlier, and core inflation eased Read more…
UK CPI showed a marked slowdown in October, dipping below market expectations. The annual CPI rate decelerated from 6.7% yoy to 4.6% yoy , falling short of the anticipated 4.7% yoy. This decline reflects a Read more…
Market movers today Joe Biden and Xi Jinpeng meet in San Francisco. US retail sales will be the first hard data point on how consumption has developed after the very strong September. Leading indicators and Read more…
Daily Pivots: (S1) 0.6408; (P) 0.6461; (R1) 0.6560; More… Intraday bias in AUD/USD stays on the upside at this point. Decisive break of 0.6510 cluster resistance (38.2% retracement of 0.6894 to 0.6269 at 0.6508) will Read more…
Daily Pivots: (S1) 1.3637; (P) 1.3741; (R1) 1.3796; More… Intraday bias in USD/CAD remains on the downside for the moment. Fall from 1.3853 is seen as the third leg of the corrective pattern from 1.3897. Read more…
Daily Pivots: (S1) 149.77; (P) 150.78; (R1) 151.39; More… Intraday bias in USD/JPY remains neutral for the moment and some more sideway trading could be seen. Further rally is in favor as long as 149.17 Read more…
Daily Pivots: (S1) 0.8837; (P) 0.8933; (R1) 0.8988; More…. Intraday bias in USD/CHF remains on the downside for the moment. Decisive break of 0.8886 support will resume whole decline from 0.9243, and target 100% projection Read more…