Spot Silver (XAGUSD) continues to display a constructive technical outlook, suggesting that the metal is preparing to challenge new all‑time highs. The short‑term structure from the 28 October low has unfolded as a five‑wave impulse, Read more…
The calm has returned to the markets before US traders left their desks for the turkey dinner. The US indices added to their gains for the fourth session, as US yields kept falling. The 2-year Read more…
In focus today In the euro area, focus turns to data on credit growth for October. Loan growth to non-financial corporations increased to 2.1% y/y in September but the momentum has lowered recently in a Read more…
Daily Pivots: (S1) 205.92; (P) 206.56; (R1) 207.85; More… Intraday bias in GBP/JPY is back on the upside with break of 206.84 temporary top. Current rally from 184.35 should target a retest on 208.09 high. Read more…
Daily Pivots: (S1) 180.67; (P) 181.07; (R1) 181.84; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 181.98. Deeper retreat cannot be ruled out, but downside should be contained by Read more…
Daily Pivots: (S1) 0.8735; (P) 0.8777; (R1) 0.8798; More… Intraday bias in EUR/GBP remains on the downside for the moment. Sustained trading below 55 D EMA (now at 0.8743) will be an early sign of Read more…
Daily Pivots: (S1) 1.7750; (P) 1.7823; (R1) 1.7864; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, firm break of 1.7739 support will argue that rebound from 1.7561 has completed, and Read more…
Daily Pivots: (S1) 0.9316; (P) 0.9331; (R1) 0.9342; More…. Intraday bias in EUR/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.9349. Still, fall from 0.9660 could have completed at Read more…
Daily Pivots: (S1) 1.1563; (P) 1.1582; (R1) 1.1617; More… No change in EUR/USD’s outlook as sideway trading continues. Intraday bias remains neutral. Further decline is expected with 1.1655 resistance intact. On the downside, below 1.1490 Read more…
Daily Pivots: (S1) 155.82; (P) 156.28; (R1) 156.91; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 157.88. Downside should be contained by 154.47 resistance turned support. On the upside, Read more…