Daily Pivots: (S1) 154.26; (P) 155.32; (R1) 156.49; More… Intraday bias in GBP/JPY stays neutral as consolidation from 148.93 is still in progress. For now, risk will stay on the downside as long as 160.64 Read more…
Daily Pivots: (S1) 138.52; (P) 139.03; (R1) 139.45; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, break of 137.32 will resume the decline from 145.62 to 133.38 key support next. Read more…
Daily Pivots: (S1) 0.9551; (P) 0.9610; (R1) 0.9652; More… EUR/USD’s decline resumed after brief recovery and intraday bias is back on the downside. Current down trend should target 161.8% projection of 1.0368 to 0.9863 from Read more…
Daily Pivots: (S1) 1.0645; (P) 1.0742; (R1) 1.0829; More… Intraday bias in GBP/USD remains neutral and more consolidation could be seen. While stronger recovery cannot be ruled out, upside should be limited by 4 hour Read more…
Daily Pivots: (S1) 0.9852; (P) 0.9912; (R1) 0.9975; More Intraday bias in USD/CHF stays neutral and more consolidations could be seen. In case of another retreat, downside should be contained by 4 hour 55 EMA Read more…
Daily Pivots: (S1) 144.29; (P) 144.60; (R1) 145.14; More… USD/JPY is still bounded in consolidation and intraday bias stays neutral. Further rally is expected as long as 139.37 resistance turned support holds. Break of 145.89 Read more…
Daily Pivots: (S1) 1.3651; (P) 1.3713; (R1) 1.3787; More… Intraday bias in USD/CAD stays on the upside for the moment. Current rally should target 161.8% projection of 1.2005 to 1.2947 from 1.2401 at 1.3925. Firm Read more…
Germany Gfk Consumer Sentiment for October dropped from -36.5 to -42.5, below expectation of -38.8. That’s also a new record low. In September, economic expectations dropped from -47.6 to -21.9, lowest since 2009. Income expectations Read more…
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD. What are the reasons behind this performance? On the one hand, we have rising inflation in the Read more…
The PBOC (People’s Bank of China) continued to let the yuan slide and set their central parity rate -385 pips lower – to its weakest level since 2020. The central bank can control the direction Read more…