Daily Pivots: (S1) 0.9526; (P) 0.9566; (R1) 0.9587; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. While more consolidations could be seen, further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of […]
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Markets November US CPI data came in bang in line with consensus. Monthly growth of 0.3% for both the headline and the core series resulted in annual readings of respectively 2.7% (from 2.6%) and 3.3% Read more…
Daily Pivots: (S1) 0.8221; (P) 0.8236; (R1) 0.8248; More… EUR/GBP’s down trend is still in progress and intraday bias stays on the downside for 0.8201 key support. Strong support could be seen there to bring Read more…
Australian Dollar staged an impressive rebound today, driven by robust employment data that surprised markets and cast doubt on the likelihood of a February rate cut by RBA. The stronger-than-expected labor market performance challenges the Read more…