WTI crude jumped as the EU worked on more sanctions against Moscow. The price is consolidating above 70.00 as the bulls cling on the psychological level and 12-month low. The 70.00-81.10 range may be narrowing Read more…
Gold drifts sideways as traders reposition ahead of the US CPI. Following a brief fallback, a new high above 1860 indicates a strong bullish drive. The psychological level of 1900 sits with the start of Read more…
The Swiss franc plunged across the board after a pickup in risk sentiment. After a double top at 0.9400, a drop below 0.9260 had put the bulls in an awkward position. Last March’s lows around Read more…
Markets Boston Fed Collins is the first to officially indicate that she leans to another downshift in the Fed’s tightening pace at the February 1st policy meeting: from +50 bps in December to +25 bps. Read more…
Today is the most important day of the trading week, in terms of economic data release, as the US will reveal its latest CPI update, and it could be a make-or-break moment for the market Read more…
Daily Pivots: (S1) 0.9936; (P) 0.9980; (R1) 1.0061; More…. EUR/CHF’s rally accelerates to as high as 1.0047 so far today. Intraday bias stays on the upside for 61.8% projection of 0.9407 to 0.9953 from 0.9720 Read more…
Daily Pivots: (S1) 0.8828; (P) 0.8855; (R1) 0.8881; More… Intraday bias in EUR/GBP remains neutral first. Sustained break of 0.8876 will confirm resumption of rise from 0.8545. Next target is 61.8% retracement of 0.9276 to Read more…
Daily Pivots: (S1) 1.5525; (P) 1.5575; (R1) 1.5627; More… Intraday bias in EUR/AUD remains neutral at this point. While further fall cannot be ruled out, strong support could be seen from 38.2% retracement of 1.4281 Read more…
Daily Pivots: (S1) 141.95; (P) 142.40; (R1) 142.99; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, below 140.15 minor support will turn bias back to the downside 137.37 low. break Read more…
Daily Pivots: (S1) 160.60; (P) 160.91; (R1) 161.29; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 158.49 minor support will turn bias back to the downside for retesting Read more…