Preliminary Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were much weaker than expected and increased pressure on the ECB to continue easing monetary policy. This is not the first time that a significant divergence of preliminary PMIs from expectations has become a driver of the European currency market. In […]
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Daily Pivots: (S1) 1.0498; (P) 1.0543; (R1) 1.0612; More… EUR/USD is staying in range of 1.0330/0609 for now. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.0330 will Read more…
Daily Pivots: (S1) 1.2600; (P) 1.2647; (R1) 1.2728; More… GBP/USD is staying in range of 1.2486/2713. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.2486 will resume the Read more…
Daily Pivots: (S1) 0.8787; (P) 0.8831; (R1) 0.8863; More… USD/CHF is staying in range of 0.8800/8956. Intraday bias remains neutral and further rally is still in favor. On the upside, break of 0.8956 will resume Read more…