Daily Pivots: (S1) 0.8696; (P) 0.8734; (R1) 0.8774; More… Intraday bias in EUR/GBP stays neutral for the moment. On the upside, break of 0.8827 will resume the rise from 0.8570 to 0.8869. Sustained break there Read more…
Daily Pivots: (S1) 1.5413; (P) 1.5482; (R1) 1.5563; More… EUR/AUD is extending the corrective pattern from 1.5704 and intraday bias stays neutral. If case of another fall, downside should be contained by 55 day EMA Read more…
Daily Pivots: (S1) 0.9828; (P) 0.9850; (R1) 0.9891; More…. EUR/CHF’s break of 0.9839 minor resistance suggests that correction from 0.9953 has completed with three waves down to 0.9720. Intraday bias is back on the upside Read more…
Daily Pivots: (S1) 1.0311; (P) 1.0359; (R1) 1.0412; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0481 is in progress. Downside of retreat should be contained by 1.0092 resistance turned support to bring Read more…
Daily Pivots: (S1) 1.1766; (P) 1.1862; (R1) 1.1961; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2028 is extending. Further rise is expected as long as 1.1644 resistance turned support holds. On the Read more…
Daily Pivots: (S1) 0.9452; (P) 0.9504; (R1) 0.9575; More… Intraday bias in USD/CHF stays neutral as recovery from 0.9355 is in progress. Upside of recovery should be limited below 0.9680 minor resistance to bring another Read more…
Daily Pivots: (S1) 139.15; (P) 139.95; (R1) 141.01; More… USD/JPY is staying in consolidation above 137.66 temporary low and intraday bias stays neutral at this point. Stronger rise cannot be ruled out, but upside should Read more…
UK retail sales volumes rose 0.6% mom in October, above expectation of 0.3% mom. Ex-fuel sales volume was up 0.3% mom, below expectation of 0.6% mom. In the three months period to October, comparing with Read more…
Inflation in Japan soared to the highest levels in more than 30 years, to 3.7% in October, up from 3% printed a month earlier. It was expected, maybe slightly higher than expected, and came as Read more…
Market movers today A quiet day on the data front gives markets plenty of time to focus on central bank comments from various ECB speakers (Lagarde, Nagel and Knot) and Fed’s Collins during the day. Read more…