Markets US December CPI was bang in line, coming in at 6.5% y/y (-0.1% m/m) in terms of headline and 5.7% (0.3% m/m) in the core gauge. Markets cheered as inflation momentum continued to slow Read more…
Daily Pivots: (S1) 141.95; (P) 142.40; (R1) 142.99; More…. Break of 140.15 minor support suggests that rebound from 137.37 has completed at 142.84. Rejection by 142.92 resistance indicates that larger decline from 148.38 is still Read more…
Daily Pivots: (S1) 0.8846; (P) 0.8871; (R1) 0.8908; More… EUR/GBP’s rally from 0.8545 finally resumed by breaking through 0.8876 resistance. Intraday bias is back on the upside for further rally to 61.8% projection of 0.8545 Read more…
Daily Pivots: (S1) 1.5509; (P) 1.5564; (R1) 1.5627; More… Intraday bias in EUR/AUD stays neutral and outlook is unchanged. While further fall cannot be ruled out, strong support could be seen from 38.2% retracement of Read more…
Daily Pivots: (S1) 1.0024; (P) 1.0052; (R1) 1.0093; More…. EUR/CHF rally is still accelerating and hits as high as 1.0095 so far today. Further rally should be seen to 100% projection of 0.9407 to 0.9953 Read more…
Daily Pivots: (S1) 1.3328; (P) 1.3388; (R1) 1.3431; More…. Intraday bias in USD/CAD is back on the downside with breach of 1.3355 support. Further decline might be seen but downside should be contained above 1.3224 Read more…
Daily Pivots: (S1) 0.6906; (P) 0.6945; (R1) 0.7007; More… Intraday bias in AUD/USD stays on the upside for the moment. Current rally from 0.6169 is in progress to 61.8% projection of 0.6169 to 0.6892 from Read more…
Daily Pivots: (S1) 1.0766; (P) 1.0816; (R1) 1.0902; More… Intraday bias in EUR/USD remains on the upside at this point. Current rise from .9534 should target 61.8% projection of 0.9630 to 1.0733 from 1.0482 at Read more…
Daily Pivots: (S1) 1.2119; (P) 1.2183; (R1) 1.2277; More… Intraday bias in GBP/USD stays mildly on the upside. Current rise from 1.1840 will target a test on 1.2445 high. Decisive break there will resume whole Read more…
Daily Pivots: (S1) 0.9239; (P) 0.9300; (R1) 0.9333; More… Intraday bias in USD/CHF remains neutral as range trading continues. Further decline is still in favor as long as 0.9407 resistance holds. Break of 0.9165 will Read more…