Markets In a session with few important data, the bond market sell-off slowed yesterday. However, the yield upleg triggered last week as ECB’s Chair Lagarde opened the door for a policy reassessment in March and Read more…
Daily Pivots: (S1) 155.19; (P) 155.75; (R1) 156.34; More… GBP/JPY is staying inc consolidation from 156.48 temporary top. Intraday bias remains neutral for the moment. The consolidation pattern from 158.19 could still extend further. On Read more…
Daily Pivots: (S1) 131.22; (P) 131.71; (R1) 132.16; More…. Intraday bias in EUR/JPY is turned neutral with a temporary top formed at 132.11. Some consolidations could be seen first. But downside should be contained well Read more…
Daily Pivots: (S1) 0.435; (P) 0.8456; (R1) 0.8474; More… Intraday bias in EUR/GBP is turned neutral with current retreat. Some consolidations should be seen before another rally. On the upside, break of 0.8476 will resume Read more…
The price of crude oil is hovering near its highest level in more than 7 years as investors focus on top geographical issues. The biggest issue in the market is Russia and the West. On Read more…
Market movers today Very quiet day on data front, only Swedish industrial production data from December due. Two ECB speakers on the wires, Villeroy (neutral) and de Cos (dove). After last week’s ECB meeting, the Read more…
DXY: On the H4 timeframe, prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our 1st resistance at 95.580 in line with 23.6% Fibonacci retracement Read more…
Daily Pivots: (S1) 0.7082; (P) 0.7106; (R1) 0.7147; More… Intraday bias sin AUD/USD is turned neutral first with current recovery. On the upside, above 0.7167 will resume the rebound to 0.7313 resistance. Firm break there Read more…
Daily Pivots: (S1) 1.2633; (P) 1.2694; (R1) 1.2731; More… Range trading continues in USD/CAD and intraday bias remains neutral first. With 1.2648 minor support intact, further rise is mildly in favor. On the upside, break Read more…
Daily Pivots: (S1) 1.1414; (P) 1.1440; (R1) 1.1465; More… Intraday bias in EUR/USD is turned neutral as it failed to break through 1.1482 resistance for now. A medium term bottom could be in place at Read more…