In focus today In the euro area, the March flash PMIs are released, which is the first growth indicator following the war in Iran. The manufacturing sector is expected to record a large decline to Read more…
Daily Pivots: (S1) 211.78; (P) 212.55; (R1) 213.50; More… Intraday bias in GBP/JPY stays mildly on the upside. On the upside, Firm break of 213.28 resistance will resume the rally from 207.20 and target a Read more…
Daily Pivots: (S1) 183.35; (P) 183.85; (R1) 184.51; More… Intraday bias in EUR/JPY remains mildly on the upside for 184.75 resistance. Firm break there will resume the whole rise from 180.78 and target a retest Read more…
Daily Pivots: (S1) 0.8625; (P) 0.8654; (R1) 0.8676; More… Intraday bias in EUR/GBP remains neutral for the moment. With 55 D EMA (now at 0.8682) intact, further decline is in favor. On the downside, firm Read more…
Daily Pivots: (S1) 1.6469; (P) 1.6546; (R1) 1.6642; More… EUR/AUD’s break of 1.6594 resistance indicates that a short term bottom was already formed at 1.6125. Intraday bias is back on the upside for stronger rebound Read more…
Daily Pivots: (S1) 0.9102; (P) 0.9124; (R1) 0.9154; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, firm break of 38.2% retracement of 0.9394 to 0.8979 at 0.9138 will extend the Read more…
Daily Pivots: (S1) 1.1519; (P) 1.1579; (R1) 1.1674; More…. Intraday bias in EUR/USD stays neutral for the moment. More consolidations could be seen above 1.1408. But with 1.1666 cluster resistance (38.2% retracement of 1.2081 to Read more…
Daily Pivots: (S1) 157.72; (P) 158.69; (R1) 159.40; More… Intraday bias in USD/JPY remains neutral as consolidations continue below 159.88. Another falling leg could be seen, but downside should be contained by 38.2% retracement of Read more…
Daily Pivots: (S1) 1.3300; (P) 1.3389; (R1) 1.3522; More… Range trading continues in GBP/USD and intraday bias remains neutral for the moment. With 1.3482 resistance intact, further decline is in favor. On the downside, below Read more…
Daily Pivots: (S1) 0.7819; (P) 0.7879; (R1) 0.7924; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.7957. As noted before, rise from 0.7603 should be correcting whole decline from Read more…