Futures trade mixed after US core PCE rose 5.4% YoY, below the 5.5% forecast and as spending slows This won’t change the Fed’s outlook. Oil tumbles 5% as the US considers a record reserves release. US futures Dow futures -0.0 % at 35200 S&P futures +0.03% at 4607 Nasdaq futures +0.26% at 15125 In Europe […]
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Daily Pivots: (S1) 0.8835; (P) 0.8854; (R1) 0.8886; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is still extending. Further rally is expected as long as 0.8773 resistance turned support holds. On Read more…
Daily Pivots: (S1) 1.2557; (P) 1.2609; (R1) 1.2641; More… GBP/USD’s fall from 1.3433 resumed by breaking through 1.2596 and intraday bias is back on the downside. Deeper fall should be seen to 100% projection of Read more…
Daily Pivots: (S1) 1.0439; (P) 1.0497; (R1) 1.0532; More… EUR/USD’s fall from 1.1213 resumed by breaking through 1.0495 temporary low. Intraday bias is back on the downside for 1.0447 support and then 1.0404 key fibonacci Read more…