Daily Pivots: (S1) 1.2772; (P) 1.2813; (R1) 1.2838; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3222 would target 1.2818 support. On the upside, above 1.2945 minor resistance Read more…
Daily Pivots: (S1) 0.9702; (P) 0.9728; (R1) 0.9755; More…. EUR/CHF’s down trend is still in progress and intraday bias stays on the downside for 0.9650 long term projection level. Some support might be seen there Read more…
Daily Pivots: (S1) 0.8370; (P) 0.8393; (R1) 0.8416; More… Intraday bias in EUR/GBP remains neutral for consolidation above 0.8344 temporary low. While stronger recovery cannot be ruled out, further decline is expected as long as Read more…
Daily Pivots: (S1) 1.4557; (P) 1.4622; (R1) 1.4690; More… Intraday bias in EUR/AUD is mildly on the upside further recovery. But upside should be limited below 1.4910 resistance to bring fall resumption. On the downside, Read more…
Daily Pivots: (S1) 161.27; (P) 162.59; (R1) 163.63; More… Intraday bias in GBP/JPY stays on the downside for 160.37 support. Decisive break there will argue that deeper fall is underway towards 162.67 support next. On Read more…
Daily Pivots: (S1) 135.43; (P) 136.38; (R1) 137.21; More…. EUR/JPY’s decline continues today and intraday bias stays on the downside for 100% projection of 144.26 to 136.85 from 142.31 at 134.90, and possibly below. Strong Read more…
Yen’s broad-based rally continues in quiet Asian session today. Dollar and European majors are generally steady. Some weakness is seen in Aussie and Canadian, but selling is so far limited. In other markets, sentiment is Read more…
China Caixin PMI Manufacturing dropped from 51.7 to 50.4 in July, below expectation of 51.5. Caixin said there were softer increases in output and new orders. Employment fell at quicker pace. Input cost inflation slowed Read more…
Japan PMI Manufacturing was finalized at 52.1 in July, down from June’s 52.7. That’s the lowest level since September 2021. S&P Global said there were renewed reductions in output and new orders. The softest rise Read more…
Australia AiG Performance of Manufacturing Index dropped -1.5 to 52.5 in July. Looking at some details, production dropped sharply by -7.2 to 47.5. Employment dropped -0.9 to 50.1. New orders rose 4.2 to 59.9. Supplier Read more…