Strong US employment figures were not enough to prevent the dollar from falling. Geopolitics and risk appetite remain the key drivers. The US dollar came under pressure from sellers on Friday, and a strong labour market report failed to reverse the trend, merely slowing the pace of the decline. Non-farm payrolls rose by 115K in […]
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Daily Pivots: (S1) 0.7746; (P) 0.7777; (R1) 0.7793; More…. Intraday bias in USD/CHF remains neutral for consolidations above 0.7760. On the downside, decisive break of 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758 Read more…
Daily Pivots: (S1) 156.41; (P) 156.69; (R1) 156.97; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, break of 155.01 will resume the fall from 160.71 to 152.25 support next. Read more…
Daily Pivots: (S1) 1.1740; (P) 1.1764; (R1) 1.1806; More…. Intraday bias in EUR/USD stays neutral as sideway trading continues. Further rise is expected with 1.1642 support intact. On the upside, firm break of 1.1848 will Read more…