Daily Pivots: (S1) 0.8759; (P) 0.8771; (R1) 0.8780; More… EUR/GBP is staying in consolidations below 0.8817 and intraday bias remains neutral. Further rally is expected as long as 0.8750 resistance turned above holds. Above 0.8817 Read more…
Daily Pivots: (S1) 1.7570; (P) 1.7614; (R1) 1.7664; More… EUR/AUD recovered after edging lower to 1.7561 and intraday bias remains neutral. Further fall is in favor as long as 1.7813 resistance holds. Decisive break of Read more…
Daily Pivots: (S1) 0.9279; (P) 0.9295; (R1) 0.9325; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, decisive break of 0.9311 support turned resistance and 55 D EMA (now at 0.9307) Read more…
RBA holds cash rate steady at 3.6% in November, expects some of the recent rise in inflation to be temporary but partly also a signal of capacity pressures. No near-term moves likely, with a cautious Read more…
Markets Several Fed policymakers hit the wires yesterday and showcased the broad array of views that led chair Powell to push back strongly against expectations for a December rate cut. To grab a few, Goolsbee Read more…
The new week, and the new month, kicked off on a sweet note — again on the back of a renewed AI boost. South Korean chipmakers rallied in the early hours of the new week Read more…
In focus today Today is expected to be a quiet day in terms of tier 1 data. In Denmark, Nationalbanken will publish its press release on October’s FX reserve, revealing whether it intervened in the Read more…
Daily Pivots: (S1) 1.1503; (P) 1.1522; (R1) 1.1539; More… Intraday bias in EUR/USD stays mildly on the downside for the moment. Fall from 1.1917 should target 100% projection of 1.1917 to 1.1540 from 1.1727 at Read more…
Daily Pivots: (S1) 153.99; (P) 154.14; (R1) 154.38; More… Intraday bias in USD/JPY is turned neutral with current retreat, and some consolidations would be seen below 154.47 temporary top. Further rally is expected as long Read more…
Daily Pivots: (S1) 1.3111; (P) 1.3137; (R1) 1.3164; More… Further decline is expected in GBP/USD as long as 1.3247 support turned resistance holds. Sustained trading below 1.3140 support should confirm completion of double top pattern Read more…