EUR/USD Last week, the single European currency ended with strong bearish pressure. After the announcement of the non-farm payroll numbers on Friday, the bears managed to breach the key support at 1.0210. Their attempt to Read more…
Stock markets fall as a robust US labour market may stir up the Fed’s hawkishness. The rising trendline is a sign of improved sentiment and a close above 13650 at the tip of a faded Read more…
The Canadian dollar softened after weaker-than-expected jobs data. The US dollar has been resilient despite its break below the daily support at 1.2480. This suggests that the pair is still in a consolidation phase. 1.2770 Read more…
The US dollar surged after July’s nonfarm payrolls more than doubled the market’s expectations. Multiple tests of the demand zone around 1.0100 suggests solid interest in keeping the rebound intact. 1.0290 next to the 30-day Read more…
Daily Pivots: (S1) 1.2871; (P) 1.2928; (R1) 1.2994; More… Intraday bias in USD/CAD stays mildly on the upside at this point. Pull back from 1.322 could have completed at 1.2766 already. Further rise would be Read more…
Daily Pivots: (S1) 0.6863; (P) 0.6919; (R1) 0.6968; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, break of 0.7045 will resume the rebound from 0.6680 to 0.7282 key resistance next. Read more…
Daily Pivots: (S1) 1.0130; (P) 1.0191; (R1) 1.0240; More… Range trading continues in EUR/USD and intraday bias stays neutral. On the downside, break of 1.0095 minor support will argue that larger down trend is ready Read more…
Daily Pivots: (S1) 1.1993; (P) 1.2081; (R1) 1.2158; More… Intraday bias in GBP/USD remains on the downside for the moment. Rebound from 1.1759 should have completed after hitting 55 day EMA. Deeper fall would be Read more…
Daily Pivots: (S1) 133.21; (P) 134.36; (R1) 136.18; More… Intraday bias in USD/JPY remains mildly on the upside, as rebound from 130.38 is in progress. Further rally would be seen to retest 139.37 high. Strong Read more…
The US economy added 528’000 new nonfarm jobs in July, significantly higher than 250’000 expected by analysts. Last month’s data was revised up to 400’000. The unemployment rate fell to 3.5%, the lowest level since Read more…