Daily Pivots: (S1) 1.4679; (P) 1.4747; (R1) 1.4802; More… Intraday bias in EUR/AU remains neutral first and outlook stays bearish with 1.5327 resistance intact. On the downside, firm break of 1.4533 will resume larger down trend. Next target is 1.3624 long term support. On the upside, above 1.4940 minor resistance will extend the corrective pattern […]
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Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…
Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to Read more…
Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to Read more…