Daily Pivots: (S1) 1.7784; (P) 1.7859; (R1) 1.7910; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.7934 will resume the rebound from 1.7561 towards 0.8160 resistance. On the downside, Read more…
Daily Pivots: (S1) 179.36; (P) 180.51; (R1) 181.25; More… EUR/JPY recovered after hitting 55 4H EMA and outlook is unchanged. Intraday bias remains neutral and more consolidations could be seen below 181.98. Deeper retreat cannot Read more…
Daily Pivots: (S1) 204.11; (P) 205.09; (R1) 205.88; More… GBP/JPY recovered mildly ahead of 55 4H EMA and outlook is unchanged. Intraday bias remains neutral, and consolidations could continue below 206.84. Deeper retreat might be Read more…
Asian trading has been subdued with Japan on holiday. Yen’s sharp rebound at the end of last week has failed to extend, with the currency losing energy amid a lack of fresh catalysts. The pause Read more…
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Key Highlights EUR/USD started a fresh decline and traded below 1.1550. A bearish trend line is forming with resistance at 1.1530 on the 4-hour chart. GBP/USD started a consolidation phase below 1.3150. Gold is struggling Read more…
SNB Chairman Martin Schlegel signaled over the weekend that the central bank remains willing to reintroduce negative interest rates if mid-term price stability were threatened. However, he emphasized that “the bar is high”. Schlegel also Read more…
Boston Fed President Susan Collins signaled a clear preference for caution ahead of the December 9–10 FOMC meeting, saying she sees “reasons to be hesitant” about lowering borrowing costs again. After the 50bps of easing Read more…
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GBPCHF: ⬆️ Buy GBPCHF reversed from support level 1.0400 Likely to rise to resistance level 1.0630 GBPCHF currency pair recently reversed from key support level 1.0400 intersecting with the two down channels from August and Read more…