The billions bounce higher as the US dollar softens across the board. Gold is looking to claw back losses from the liquidation in late January. A close above the psychological level of 1800 would be Read more…
EUR/USD The attempt for a violation of the resistance zone at 1.1320 was not successful and the euro erased a small part of its recent gains against the dollar. During the early hours of today`s Read more…
The US dollar stabilized against key currencies after surprise data by ADP Institute. The report showed that the private sector lost more than 300k jobs in January after it added 776k jobs in the previous Read more…
Markets You could almost hear jaw drops in Frankfurt yesterday. European inflation unexpectedly accelerated to 5.1% y/y in January, defying expectations for a base-effect driven decline. Core inflation fell by less than hoped for, to Read more…
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…