Markets There was action on all fronts yesterday. Let’s start with geopolitics. Ukrainian President Zelensky said that negotiations on a truce remained ongoing after headlines that Ukraine agreed to the US-brokered peace deal. Markets nevertheless Read more…
Daily Pivots: (S1) 0.9318; (P) 0.9335; (R1) 0.9361; More…. The break of 0.9325 resistance suggests that EUR/CHF’s fall from 0.9660 has completed at 0.9178, on bullish convergence condition in D MACD. Intraday bias is back Read more…
Daily Pivots: (S1) 0.8770; (P) 0.8784; (R1) 0.8803; More… EUR/GBP is still bounded in range of 0.8765/8663 and intraday bias stays neutral. Considering bearish divergence condition in 4H MACD, firm break of 0.8765 support will Read more…
Daily Pivots: (S1) 1.7805; (P) 1.7891; (R1) 1.7971; More… EUR/AUD edged higher to 1.7976 but retreated quickly again. Intraday bias remains neutral. On the upside, above 1.7976 will resume the rebound from 1.7561 towards 0.8160 Read more…
Daily Pivots: (S1) 180.17; (P) 180.52; (R1) 180.94; More… EUR/JPY is staying in consolidations below 181.98 and intraday bias remains neutral. Deeper retreat cannot be ruled out, but downside should be contained by 178.80 resistance Read more…
Daily Pivots: (S1) 204.98; (P) 205.49; (R1) 205.98; More… GBP/JPY is staying in consolidations below 206.84 and intraday bias remains neutral. Deeper retreat cannot be ruled out, but downside be contained by 202.31 support to Read more…
There is some decent drama unfolding among the Big Tech bros this week — and Google and Nvidia are right in the middle of it. The former victim in the AI race, Google, which only Read more…
In focus today The UK Autumn budget will be released in the afternoon. Expectations for an ambitious plan to cut costs and boost productivity have declined after the plans to raise income taxes were abandoned, Read more…
Daily Pivots: (S1) 1.1526; (P) 1.1556; (R1) 1.1600; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. Further decline is expected with 1.1655 resistance intact. On the downside, below 1.1490 and Read more…
Daily Pivots: (S1) 155.59; (P) 156.29; (R1) 156.77; More… Intraday bias in USD/JPY stays 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…