Yesterday’s ADP data showed that the US economy lost some 300’000 private jobs in December, versus 185’000 job additions expected by analysts, but no one cared. No one cared because first, we knew that the Read more…
Daily Pivots: (S1) 1.1272; (P) 1.1301; (R1) 1.1335; More… Intraday bias in EUR/USD remains mildly on the upside for 1.1482 resistance. Firm break there will argue that a medium term bottom was formed on bullish Read more…
Daily Pivots: (S1) 1.3531; (P) 1.3559; (R1) 1.3601; More… Intraday bias in GBP/USD remains mildly on the upside for 1.3748 resistance. Firm break there will revive the case that correction from 1.4248 has completed with Read more…
Daily Pivots: (S1) 0.9172; (P) 0.9197; (R1) 0.9215; More…. Intraday bias in USD/CHF remains mildly on the downside and deeper fall would be seen to 0.9090 support. Firm break there will argue that choppy rise Read more…
Daily Pivots: (S1) 114.13; (P) 114.46; (R1) 114.77; More… Intraday bias in USD/JPY remains mildly on the downside for 113.46. Corrective pattern from 116.34 is extending with another falling leg. Break of 113.46 will target Read more…
Daily Pivots: (S1) 0.7117; (P) 0.7138; (R1) 0.7158; More… AUD/USD’s rise from 0.6966 is still in progress and intraday bias stays mildly on the upside for 0.7313 resistance. Decisive break there should confirm that 0.6991 Read more…
Daily Pivots: (S1) 1.2646; (P) 1.2676; (R1) 1.2701; More… USD/CAD is staying in consolidation form 1.2795 and intraday bias remains neutral first. Further rise is expected with 1.2558 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 0.8318; (P) 0.8335; (R1) 0.8345; More… EUR/GBP is staying in range of 0.8304/8421 and intraday bias remains neutral first. Near term outlook stays bearish as long as 0.8421 resistance holds. Break of Read more…
Daily Pivots: (S1) 1.5790; (P) 1.5830; (R1) 1.5880; More… Outlook in EUR/AUD remains unchanged. With 1.5712 minor support intact, further is still mildly in favor to 1.6168 resistance. However, on the downside, break of 1.5712 Read more…
Daily Pivots: (S1) 1.0375; (P) 1.0391; (R1) 1.0405; More…. No change in EUR/CHF’s outlook as consolidation from 1.0298 is still extending. Intraday bias stays neutral first. In case of stronger recovery, upside should be limited Read more…