In focus today In the euro area September consumer confidence is due for release. Consumer confidence has been on an upward trend but remains below the historical average and consumer spending is weak. As real incomes are rising and the labour market remains strong, we expect confidence to keep improving, which should support consumption especially […]
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Daily Pivots: (S1) 0.9347; (P) 0.9358; (R1) 0.9372; More…. EUR/CHF’s break of 0.9331 support suggests that triangle consolidation pattern from 0.9209 has completed. Intraday bias is now on the downside. Break of 0.9305 will target Read more…
Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. EUR/JPY’s fall from 166.67 resumed after brief consolidations, and intraday bias is back on the downside. As noted before, corrective rebound from 154.40 could have completed Read more…
Daily Pivots: (S1) 194.93; (P) 195.54; (R1) 196.71; More… GBP/JPY’s fall from 199.79 resumed after brief consolidations and intraday bias is back on the downside. As noted before, corrective rise from 180.00 could have completed Read more…