Markets Yesterday was your typical waiting game in the run-up to today much anticipated US payrolls report. Rotation forces remained at play on stock markets with the tech-heavy Nasdaq (-0.5%) underperforming against the industrial Dow Jones index (-0.1%), but also European equities (EuroStoxx50 +0.55%). Advanced peace talks in Germany resulted in cautious optimism both from […]
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Daily Pivots: (S1) 1.1373; (P) 1.1452; (R1) 1.1494; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.2081 is in progress. Deeper decline should be seen to 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 159.23; (P) 159.49; (R1) 160.00; More… USD/JPY is losing some momentum but further rise is in favor as long as 158.55 minor support holds. Rally 152.25 would target a retest on 161.94 Read more…
Daily Pivots: (S1) 1.3171; (P) 1.3271; (R1) 1.3323; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3867 is in progress for 1.3008 structural support. Firm break there will carry larger bearish Read more…