Daily Pivots: (S1) 1.0182; (P) 1.0240; (R1) 1.0280; More…. EUR/CHF’s fall is still in progress and intraday bias stays on the downside. Sustained break of 61.8% projection of 1.0936 to 1.0298 from 1.0610 at 1.0216 will pave the way to 100% projection at 0.9972. On the upside, break of 1.0336 resistance is needed to indicate […]
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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…