Markets Markets on Friday (and this morning) tried to assess impact of ongoing elevated oil prices (Brent near $100 p/b) and other energy prices on the economy and central banks’ reaction function as visibility on Read more…
Daily Pivots: (S1) 1.1373; (P) 1.1452; (R1) 1.1494; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.2081 is in progress. Deeper decline should be seen to 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 159.23; (P) 159.49; (R1) 160.00; More… USD/JPY is losing some momentum but further rise is in favor as long as 158.55 minor support holds. Rally 152.25 would target a retest on 161.94 Read more…
Daily Pivots: (S1) 1.3171; (P) 1.3271; (R1) 1.3323; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3867 is in progress for 1.3008 structural support. Firm break there will carry larger bearish Read more…
Daily Pivots: (S1) 0.7866; (P) 0.7893; (R1) 0.7939; More…. Intraday bias in USD/CHF remains on the upside for the moment. Rise from 0.7603 is seen as correcting whole down trend from 0.9200. Further rally would Read more…
Daily Pivots: (S1) 0.6944; (P) 0.7018; (R1) 0.7057; More… Intraday bias in AUD/USD stays neutral for the moment. With 0.6943 support intact, further rally is still expected. On the upside, firm break of 100% projection Read more…
Daily Pivots: (S1) 1.3656; (P) 1.3699; (R1) 1.3778; More… Intraday bias in USD/CAD stays neutral first with focus on 1.3751 resistance. Firm break there will suggest that stronger rebound is underway, and target 1.3927 resistance Read more…
Daily Pivots: (S1) 1.6284; (P) 1.6321; (R1) 1.6393; More… Intraday bias in EUR/AUD remains neutral and more consolidations would be seen above 1.6125 first. Outlook will remain bearish as long as 1.6594 resistance holds. Firm Read more…
Daily Pivots: (S1) 0.8619; (P) 0.8638; (R1) 0.8656; More… Intraday bias in EUR/GBP stays neutral and more consolidations could be seen above 0.8615 first. Further decline is expected as long as 55 D EMA (now Read more…
Daily Pivots: (S1) 0.9018; (P) 0.9038; (R1) 0.9054; More…. EUR/CHF is still extending the consolidation pattern from 0.8979 and intraday bias stays neutral. Risk will stay on the downside as long as 0.9092 support turned Read more…