Daily Pivots: (S1) 0.8674; (P) 0.8687; (R1) 0.8706; More… EUR/GBP’s rebound from 0.8610 is still in progress. A short term bottom should be formed and intraday bias remains on the upside for 0.8788 resistance. For Read more…
Daily Pivots: (S1) 1.6680; (P) 1.6746; (R1) 1.6793; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. On the upside, above 1.6803 will extend the rebound from 1.6125 to 38.2% retracement of Read more…
Daily Pivots: (S1) 0.9149; (P) 0.9176; (R1) 0.9192; More…. Intraday bias in EUR/CHF is turned neutral first with current retreat. On the upside, above 0.9198 will extend the rebound from 0.8979 short term bottom to Read more…
Markets The fog of war thickens as we’ve entered the US’s initial 4-to-6 weeks timeline to achieve its military goals in Iran. Only yesterday, US President Trump indicated that the US is in serious discussions Read more…
Daily Pivots: (S1) 0.6833; (P) 0.6854; (R1) 0.6875; More… Intraday bias in AUD/USD remains on the downside at this point. Current fall from 0.7187 should target retracement of 0.5913 to 0.7187 at 0.6700. On the Read more…
Daily Pivots: (S1) 1.3890; (P) 1.3918; (R1) 1.3955; More… Intraday bias in USD/CAD stays on the upside at this point. Current rally from 1.3480 is in progress for 38.2% retracement of 1.4791 to 1.3480 at Read more…
Daily Pivots: (S1) 159.17; (P) 159.82; (R1) 160.39; More… Intraday bias in USD/JPY remains neutral for some more consolidations, and further rally is still in favor. Above 160.45 will bring retest of 161.94 high. Nevertheless, Read more…
Daily Pivots: (S1) 0.7969; (P) 0.7991; (R1) 0.8019; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rally from 0.7603 should target 38.2% retracement of 0.9200 to 0.7603 at 0.8213. On Read more…
After surging to $119.7 on March 9, crude oil experienced a sharp decline, reaching $76.73 by March 11. This retreat unfolded in the form of a five-wave impulsive Elliott Wave structure, marking a decisive corrective Read more…
In focus today In the euro area, we receive the flash March inflation print. We expect HICP inflation will rise to 2.6% y/y (from 1.9%) while core inflation should fall slightly to 2.3% y/y (from Read more…