Swiss KOF Economic Barometer dropped from 105 to 99.7 in March, worse than expectation of 101.0. The index is now slightly below its long-term average. KOF said: “The recovery from the economic consequences of the Read more…
Daily Pivots: (S1) 1.0992; (P) 1.1064 (R1) 1.1159; More… Intraday bias in EUR/USD remains neutral first, with focus on 1.1120 support turned resistance. Sustained break there will argue that it’s at least correcting the decline Read more…
Daily Pivots: (S1) 1.3043; (P) 1.3101; (R1) 1.3152; More… Intraday bias in GBP/USD remains neutral first, and outlook stays bearish with 1.3297 resistance intact. On the downside, break of 1.2999 low will resume larger down Read more…
Daily Pivots: (S1) 0.9280; (P) 0.9327; (R1) 0.9356; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, break of 0.9259, and sustained trading below 55 day EMA (now at 0.9261), will Read more…
Daily Pivots: (S1) 121.82; (P) 123.078; (R1) 124.14; More… Intraday bias in USD/JPY stays neutral as consolidation from 125.09 is extending. Downside should be be contained by 121.17 minor support to bring another rally. On Read more…
Daily Pivots: (S1) 0.7470; (P) 0.7495; (R1) 0.7532; More… Intraday bias in AUD/USD remains neutral for consolidations. But further rally is expected as long as 0.7372 minor support holds. On the upside, decisive break of Read more…
Daily Pivots: (S1) 1.2471; (P) 1.2501; (R1) 1.2531; More… Intraday bias in USD/CAD remains neutral first, but further decline is still expected as long as 1.2645 resistance holds. Corrective pattern from 1.2005 could have completed Read more…
Daily Pivots: (S1) 1.0253; (P) 1.0319; (R1) 1.0386; More…. Intraday bias in EUR/CHF remains neutral first. on the upside, break of 1.0400 will resume the rebound from 0.9977 to 1.0610 key structural resistance next. On Read more…
Daily Pivots: (S1) 159.87; (P) 161.29; (R1) 162.33; More… Intraday bias in GBP/JPY remains neutral for consolidation below 164.61. But overall outlook will stay bullish as long as 158.04 resistance turned support holds. On the Read more…
Daily Pivots: (S1) 135.28; (P) 136.29; (R1) 137.27; More…. A temporary top is in place at 137.50, after breaching 137.49 long term resistance. Intraday bias is turned neutral first. Further rally is expected as long Read more…