It’s been a dark session and Asia is getting savaged in response. Equity shorts are sitting pretty though and there’s two US data points that have jumped out and that speak to the heart of concerns, and have seemingly been the smoking gun as to the drawdown in risk – US nonfarm productivity which fell […]
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Daily Pivots: (S1) 1.1157; (P) 1.1192; (R1) 1.1220; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…
Daily Pivots: (S1) 1.3263; (P) 1.3292; (R1) 1.3331; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Read more…
Daily Pivots: (S1) 0.8328; (P) 0.8377; (R1) 0.8409; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, firm break of 0.8333 resistance turned support will argue that corrective rebound from 0.8038 Read more…