US initial jobless claims fell -6k to 219k in the week ending March 29, below expectation of 225k. Four-week moving average of initial claims fell -1k to 223k. Continuing claims rose 56k to 1903k in the week ending March 22, highest since November 13, 2021. Four-week moving average of continuing claims rose 3k to 1871k. […]
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Daily Pivots: (S1) 1.3978; (P) 1.4148; (R1) 1.4269; More… Intraday bias in USD/CAD remains on the downside for 61.8% projection of 1.4791 to 1.4150 from 1.4414 at 1.4018. Decisive break there would extend the fall Read more…
Daily Pivots: (S1) 1.0855; (P) 1.1001; (R1) 1.1196; More… Intraday bias in EUR/USD remains on the upside at this point. Sustained trading above 61.8% projection of 1.0358 to 1.0953 from 1.0731 at 1.1099 will pave Read more…
Daily Pivots: (S1) 1.2980; (P) 1.3094; (R1) 1.3215; More… A temporary top is formed at 1.3206 with current retreat and intraday bias is turned neutral first. Downside of retreat should be contained above 1.2878 support Read more…