Markets European and US bond markets yesterday temporarily tried a cautious countermove on recent relentless sell-off. A lower than expected French CPI and soft US ADP private job growth at first looked a good enough Read more…
Daily Pivots: (S1) 160.96; (P) 161.43; (R1) 161.97; More… Range trading continues in GBP/JPY and intraday bias remains neutral. Corrective pattern from 168.67 would extend for a while. On the upside, break of 163.91 will Read more…
Daily Pivots: (S1) 138.74; (P) 139.24; (R1) 140.19; More…. Intraday bias in EUR/JPY remains on the upside. Rise from 133.38 should target 100% projection of 133.38 to 138.38 from 135.50 at 140.50. Decisive break there Read more…
Daily Pivots: (S1) 0.8596; (P) 0.8625; (R1) 0.8679; More… EUR/GBP’s rally from 0.8338 is in progress and intraday bias stays on the upside for 0.8720 resistance. Decisive break there will carry larger bullish implications. Next Read more…
Daily Pivots: (S1) 1.4574; (P) 1.4636; (R1) 1.4752; More… Focus is now on 1.4712 resistance in EUR/AUD. Sustained break there will turn bias to the upside, for stronger rebound back to 1.5396 resistance. On the Read more…
Daily Pivots: (S1) 0.9769; (P) 0.9801; (R1) 0.9864; More…. Intraday bias in EUR/CHF stays on the upside as rebound from 0.9550 is in progress for EMA (now at 0.9840) and above. But upside should be Read more…
Daily Pivots: (S1) 1.3085; (P) 1.3113; (R1) 1.3162; More… Intraday bias in USD/CAD stays on the upside for 1.3222 resistance first. Firm break there will resume larger up trend from 1.2005. Next target is 100% Read more…
Daily Pivots: (S1) 0.6817; (P) 0.6861; (R1) 0.6885; More… AUD/USD’s fall from 0.7135 is in progress and intraday bias stays on the downside. As noted before, corrective rebound from 0.6680 could have completed with three Read more…
Daily Pivots: (S1) 0.9980; (P) 1.0018; (R1) 1.0053; More… EUR/USD is still bounded in consolidation from 0.9899 and intraday bias remains neutral. Further decline is expected with 1.0094 resistance intact. On the downside, break of Read more…
Daily Pivots: (S1) 1.1584; (P) 1.1639; (R1) 1.1679; More… Intraday bias in GBP/USD remains on the downside at this point. Current down trend should target 1.1409 long term support. On the upside, above 1.1759 minor Read more…