German business sentiment deteriorated sharply in September, according to ZEW data. The relevant index fell to 3.6, the lowest level since October 2023. The situation was even worse for the component assessing current conditions, which fell to -84.5, the lowest since 2020 and near the historic low. The three-month downtrend in the sentiment index has […]
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Daily Pivots: (S1) 197.28; (P) 197.76; (R1) 198.45; More… GBP/JPY is still bounded in sideway trading below 199.79 and intraday bias stays neutral. Further rally is expected as long as 55 D EMA (now at Read more…
Daily Pivots: (S1) 163.91; (P) 164.44; (R1) 165.09; More…. No change in EUR/JPY’s outlook and intraday bias stays neutral. On the downside, sustained trading below 55 D EMA (now at 163.48) will argue that whole Read more…
Daily Pivots: (S1) 0.8305; (P) 0.8315; (R1) 0.8322; More… Intraday bias in EUR/GBP remains neutral for the moment. More consolidations could be seen above 0.8259 but further decline is expected as long as 0.8446 resistance Read more…