Category: Cryptocurrencies

The first half is finally over, but the pain is certainly here to stay. Ugly data The unemployment rate in the US fell but the average monthly job additions fell from 562 to 488’000, while Read more…

Market movers today In the euro area the market highlight today will be the HICP figures for June. Due to Germany’s energy relief measures, core inflation might hold steady at 3.8%, but we doubt that Read more…

Daily Pivots: (S1) 1.0415; (P) 1.0452 (R1) 1.0521; More… Range trading continues in EUR/USD and intraday bias remains neutral. Further fall is in favor with 1.0614 minor resistance intact. On the downside, sustained break of Read more…

Daily Pivots: (S1) 1.2118; (P) 1.2153; (R1) 1.2215; More… Range trading continues in GBP/USD and intraday bias remains neutral. Further fall is in favor as long as 1.2331 minor resistance holds. Firm break of 1.1932 Read more…

Daily Pivots: (S1) 135.24; (P) 136.03; (R1) 136.49; More… Intraday bias in USD/JPY stays neutral and further rise is still in favor with 134.25 minor support intact. On the upside, sustained trading above of 61.8% Read more…

Daily Pivots: (S1) 0.9518; (P) 0.9561; (R1) 0.9593; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. Fall from 1.0048 is still seen as the third leg of the consolidation pattern from 1.0063. Read more…

Daily Pivots: (S1) 0.6866; (P) 0.6893; (R1) 0.6931; More… AUD/USD’s down trend resumed by breaking through 0.6828 support. Intraday bias is now on the downside for 0.6756/60 cluster support. Strong support could be seen there Read more…

Daily Pivots: (S1) 1.2845; (P) 1.2890; (R1) 1.2917; More… Intraday bias in USD/CAD stays neutral at this point. On the downside, below 1.2818 will extend the fall from 1.3077 to 55 day EMA (now at Read more…

Daily Pivots: (S1) 0.8567; (P) 0.8593; (R1) 0.8636; More… Range trading continues in EUR/GBP and intraday bias remains neutral at this point. On the downside, break of 0.8484 support will suggest rejection by 0.8697 medium Read more…

Daily Pivots: (S1) 0.9965; (P) 0.9990; (R1) 1.0034; More…. Intraday bias in EUR/CHF is turned neutral first with 4 hour MACD crossed above signal line. Deeper decline is expected as long as 1.0155 resistance holds. Read more…