Markets Yesterday’s news of the day undoubtably came from Bloomberg. The news agency ran a story about the European Union discussing plans to jointly issue bonds to finance defense spending and take up a notch Read more…
For the first time since the Russian invasion of Ukraine, supportive headlines helped the EURUSD finish towards the top of the FX leaders board overnight, behind only the Skandies, the NOK, SEK, and DKK. An Read more…
Joint decision from the US and the UK to ban the Russian oil sent another shockwave to commodity prices yesterday. The European natural gas prices spiked to the all-time-highs and crude oil rallied to $130 Read more…
Daily Pivots: (S1) 151.01; (P) 151.51; (R1) 152.03; More… Intraday bias in GBP/JPY is turned neutral with a temporary low formed at 150.95. Some consolidations could be seen but outlook will stay mildly bearish as Read more…
Daily Pivots: (S1) 125.23; (P) 125.98; (R1) 126.86; More…. Intraday bias in EUR/JPY remains neutral for consolidation above 124.37. Some consolidations could be seen but upside should be limited by 127.90 support turned resistance to Read more…
Daily Pivots: (S1) 1.4839; (P) 1.4945; (R1) 1.5098; More… Intraday bias in EUR/AUD remains neutral for consolidation above 1.4561. Stronger recovery cannot be ruled out But upside upside should be limited well below 1.5354 support Read more…
Daily Pivots: (S1) 0.8285; (P) 0.8316; (R1) 0.8353; More… The break of 0.8304 support turned resistance suggests short term bottoming at 0.8201. Intraday bias is now mildly on the upside for 0.8405 resistance first. Break Read more…
Daily Pivots: (S1) 1.0058; (P) 1.0118; (R1) 1.0190; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9970. Stronger recovery cannot be ruled out. But upside should be limited well below 1.0298 support turned Read more…
Daily Pivots: (S1) 1.0849; (P) 1.0903; (R1) 1.0958; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0805 temporary low. Stronger recovery cannot be ruled out. But upside should be limited by 1.1120 support Read more…
Daily Pivots: (S1) 1.3074; (P) 1.3109; (R1) 1.3137; More… With 4 hour MACD crossed above signal line, intraday bias in GBP/USD is turned neutral first. Some consolidations could be seen, but recovery should be limited Read more…