Markets The correction in US yields that started on (marginally) softer than expected US CPI data and comments from Fed Waller finally met first support on Friday as markets returned their focus to the new Trump era. Solid US housing and production data helped build this floor. US yields in a bear flattening move added […]
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Daily Pivots: (S1) 189.48; (P) 190.05; (R1) 190.75; More… A temporary low is formed at 189.31 with current recovery. Intraday bias in GBP/JPY is turned neutral first. Some consolidations would be seen but risk will Read more…
Daily Pivots: (S1) 159.82; (P) 160.42; (R1) 161.12; More… Intraday bias in EUR/JPY remains neutral for the moment. Recovery from 159.74 might extend, but further decline will remain in favor as long as 162.88 resistance Read more…
Daily Pivots: (S1) 0.8417; (P) 0.8436; (R1) 0.8458; More… EUR/GBP’s rally from 0.8221 picks up momentum again. With break of 0.8446 resistance, next target is 0.8624 key cluster resistance zone. For now, outlook will remain Read more…