Daily Pivots: (S1) 0.8557; (P) 0.8599; (R1) 0.8624; More… EUR/GBP is still stuck in sideway trading and intraday bias remains neutral. Further rally is expected with 0.8484 support intact. On the upside, break of 0.8720 Read more…
Daily Pivots: (S1) 1.5193; (P) 1.5269; (R1) 1.5339; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Focus stays on 1.5354 support turned resistance. Sustained break there will indicate medium term bottoming at Read more…
Daily Pivots: (S1) 1.0068; (P) 1.0117; (R1) 1.0165; More…. EUR/CHF’s fall from 1.0512 resumes by breaking through 1.0096. Intraday bias is back on the downside. Outlook is unchanged that corrective rebound from 0.9970 should have Read more…
Daily Pivots: (S1) 1.0476; (P) 1.0528 (R1) 1.0574; More… Sideway trading continues in EUR/USD and intraday bias remains neutral. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained break of 1.0339/48 Read more…
Daily Pivots: (S1) 1.2190; (P) 1.2242; (R1) 1.2315; More… Intraday bias in GBP/USD remains neutral as sideway trading continues. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will Read more…
Daily Pivots: (S1) 0.9567; (P) 0.9629; (R1) 0.9676; More… Fall from 1.0048 could extend but such decline is viewed as the third leg of the corrective pattern from 1.0063. Strong support should be seen at Read more…
Daily Pivots: (S1) 134.06; (P) 135.18; (R1) 136.09; More… Intraday bias in USD/JPY stays neutral for consolidation below 136.70. Downside of retreat should be contained above 131.48 support to bring rebound. On the upside, break Read more…
Daily Pivots: (S1) 0.6866; (P) 0.6897; (R1) 0.6925; More… AUD/USD is still bounded in range of 0.6828/7282 and intraday bias remains neutral. On the downside, firm break of 0.6828 support will resume larger fall from Read more…
BoJ Deputy Governor Masayoshi Amamiya said, “the BOJ will continue to support the economy with monetary easing to achieve its inflation target in a sustained, stable manner accompanied by wage rises.” Amamiya also said the Read more…
UK retail sales volume dropped -0.5% mom in May, better than expectation of -0.9% mom. Ex-fuel sales dropped -0.7% mom, better than expectation of -1.4% mom. Over the 12-month period, retail sales dropped -4.7% yoy, Read more…