Daily Pivots: (S1) 161.63; (P) 162.14; (R1) 162.88; More… GBP/JPY is still bounded inside sideway trading and intraday bias stays neutral. Corrective pattern from 168.67 would extend for a while. On the upside, break of Read more…
Daily Pivots: (S1) 137.48; (P) 138.23; (R1) 139.44; More…. Intraday bias in EUR/JPY remains on the upside at this point. Current rally from 113.38 should target 100% projection of 133.38 to 138.38 from 135.50 at Read more…
Daily Pivots: (S1) 0.8503; (P) 0.8526; (R1) 0.8566; More… Intraday bias in EUR/GBP stays on the upside, as rise from 0.8338 is in progress. Break of 0.8585 will bring further rally to 0.8720 resistance. On Read more…
Daily Pivots: (S1) 1.4434; (P) 1.4496; (R1) 1.4549; More… Intraday bias in EUR/AUD stays neutral, and further decline is expected with 1.4712 resistance intact. On the downside, firm break of 1.4318 low will resume larger Read more…
The S&P 500 stepped into the bearish consolidation zone after having cleared a major Fibonacci resistance, the 38.2% retracement on the summer rally. Nasdaq fell another 1% and tested the 50-DMA to the downside, where Read more…
Market movers today ECB Governing Council member Klaas Knot speaks at our Danske Talks hybrid event today, where we will discuss the monetary policy outlook (see registration here). Hawkish ECB Governing Council members Holzmann, Muller Read more…
USD/JPY: On the H4 chart, price has confirmed a bullish momentum breaking the previous high. We are bullish bias- Price has tested the first resistance at 138.870 where the previous swing high and 161.8% extension Read more…
Daily Pivots: (S1) 0.9629; (P) 0.9664; (R1) 0.9714; More…. EUR/CHF is staying in range of 0.9550/9698 and intraday bias remains neutral first. Further decline is still in favor. On the downside, break of 0.9550 will Read more…
The markets are generally quiet in Asian session today. Euro surged notably yesterday as traders raised their bets on ECB rate hike next week, with some expecting a 75bps increase. But there is no clear Read more…
Minneapolis Fed President Neel Kashkari said yesterday, “By many, many measures we are at maximum employment and we are at very high inflation. So this is a completely unbalanced situation, which means to me it’s Read more…