Markets The sell-off on European stock markets paused following Monday’s WS intraday comeback, but “rebound” gains remained limited to 0.5%-1%. Main US indices lost 0.2% (Dow), to 2.3% (Nasdaq), but closed off worst intraday levels. German Ifo business sentiment beat consensus like earlier released PMI’s. US eco data showed accelerating house prices, a sober outlook […]
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Daily Pivots: (S1) 0.9290; (P) 0.9307; (R1) 0.9336; More…. Intraday bias in EUR/CHF is turned neutral again with current recovery. But after all, with 0.9364 resistance intact, outlook will remain bearish. Decisive break of 0.9204/9 Read more…
Daily Pivots: (S1) 0.8326; (P) 0.8340; (R1) 0.8349; More… Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8259. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 Read more…
Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 Read more…