Market movers today The markets’ focus today will be on US data releases. The ISM Manufacturing index for December is expected to fall further into recessionary territory to 48.5 from 49.0 in November. Also, consensus Read more…
Daily Pivots: (S1) 155.30; (P) 156.85; (R1) 158.33; More… Intraday bias in GBP/JPY stays mildly on the downside for 161.8% projection of 172.11 to 163.02 from 169.26 at 154.55, and then 153.70 fibonacci level. On Read more…
Daily Pivots: (S1) 137.05; (P) 138.54; (R1) 139.68; More…. Intraday bias in EUR/JPY remains on the downside at this point. Current fall from 148.38 should target 135.40 fibonacci level. On the upside, above 140.00 minor Read more…
Daily Pivots: (S1) 0.8777; (P) 0.8820; (R1) 0.8857; More… A short term top should be in place at 0.8876. Intraday bias is back on the downside for deeper retreat. Nevertheless, as long as 55 day Read more…
Daily Pivots: (S1) 1.5617; (P) 1.5680; (R1) 1.5740; More… EUR/AUD’s break of 55 day EMA suggests that a short term top was formed at 1.5976. Intraday bias is now on the downside for correction to Read more…
Daily Pivots: (S1) 0.9841; (P) 0.9873; (R1) 0.9905; More…. No change in EUR/CHF’s outlook as it’s still bounded in range below 0.9953. Intraday bias stays neutral for the moment. On the upside, firm break of Read more…
Daily Pivots: (S1) 1.0485; (P) 1.0584; (R1) 1.0648; More… EUR/USD is still bounded in range of 1.0481/0733 and intraday bias remains neutral for the moment. On the downside, break of 1.0481 will confirm short term Read more…
Daily Pivots: (S1) 1.1885; (P) 1.1985; (R1) 1.2069; More… Intraday bias in GBP/USD remains on the downside as fall from 1.2445 is in progress. Firm break of 55 day EMA (now at 1.1925 will target Read more…
Daily Pivots: (S1) 0.9259; (P) 0.9329; (R1) 0.9428; More… USD/CHF retreated notably after hitting 0.9397 and intraday bias is turned neutral first. With a short term bottoming in place at 0.9199, on bullish convergence condition Read more…
Daily Pivots: (S1) 0.6665; (P) 0.6750; (R1) 0.6812; More… AUD/USD rebounds notably today but stays in range of 0.6628/6892. Intraday bias remains neutral for the moment. On the downside, sustained break of 38.2% retracement of Read more…