Daily Pivots: (S1) 1.4759; (P) 1.4854; (R1) 1.4935; More… Intraday bias in EUR/AUD stays neutral for the moment, and further rise is in favor as long as 1.4663 minor support holds. On the upside, break Read more…
Daily Pivots: (S1) 0.9471; (P) 0.9548; (R1) 0.9588; More…. Intraday bias in EUR/CHF is turned neutral first as it rebounded strongly after dipping to 0.9464. On the upside, break of 0.94680 will bring stronger rise Read more…
Yen reverses earlier decline and rebounds strongly, after a top currency diplomat confirmed that the government have intervened in the foreign exchange market for the first time since 1998. Masato Kanda , vice finance minister Read more…
Daily Pivots: (S1) 1.3394; (P) 1.3432; (R1) 1.3505; More… Intraday bias in USD/CAD remains on the upside for the moment. Current up trend should target medium term fibonacci level at 1.3650. On the downside,below 1.3343 Read more…
Daily Pivots: (S1) 0.6601; (P) 0.6653; (R1) 0.6684; More… Intraday bias in AUD/USD stays on the downside at this point. Current down trend should target 0.6461 long term fibonacci level. On the upside, above 0.6698 Read more…
Daily Pivots: (S1) 143.39; (P) 144.05; (R1) 144.74; More… USD/JPY’s rally resumes by breaking 114.98 and intraday bias is back on the upside. Current up trend should target 147.68 long term resistance. Break there will Read more…
Daily Pivots: (S1) 0.9623; (P) 0.9662; (R1) 0.9702; More USD/CHF’s rally resumed after brief consolidations and intraday bias is back on the upside for 0.9868 resistance first. Break there will argue that larger up trend Read more…
Daily Pivots: (S1) 1.1209; (P) 1.1297; (R1) 1.1357; More… GBP/USD’s decline is still in progress and intraday bias stays on the downside. Current down trend should target 61.8% projection of 1.3748 to 1.1759 from 1.2292 Read more…
SNB raises policy rate by 75bps to 0.50% as widely expected, to counter “renewed rise in inflation pressure”. It “cannot be ruled out” that further rate hikes will be “necessary”. The reference to the timeframe Read more…
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.75 percentage points to 0.5%. In doing so, it is countering the renewed rise in inflationary pressure and the Read more…