US initial jobless claims dropped -18k to 215k in the week ending February 25, better than expectation of 235k. Four-week moving average of initial claims dropped -5k to 230.5k. Continuing claims rose 2k to 1476k in the week ending February 19. Four-week moving average of continuing claims dropped -36k to 1540k, lowest since April 4, […]
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Daily Pivots: (S1) 192.96; (P) 193.52; (R1) 194.00; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 196.38. Further rise is in favor as long as 190.22 support holds. On Read more…
Daily Pivots: (S1) 162.32; (P) 162.72; (R1) 162.97; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 165.19. Further rally is in favor as long as 161.57 support holds. Break Read more…
Daily Pivots: (S1) 0.8389; (P) 0.8411; (R1) 0.8428; More… Intraday bias in EUR/GBP remains on the downside at this point. As noted before, rise from 0.8221 should have completed as a correction to 0.8737. Initial Read more…