Daily Pivots: (S1) 1.3554; (P) 1.3589; (R1) 1.3610; More… USD/CAD failed to break through 1.3617 resistance decisively so far. Intraday bias remains neutral and further decline remains in favor. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn bias back to the upside […]
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Daily Pivots: (S1) 1.6268; (P) 1.6299; (R1) 1.6345; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6161 temporary low. Risk will stay mildly on the downside as long as 1.6598 holds. On Read more…
Daily Pivots: (S1) 0.9352; (P) 0.9370; (R1) 0.9395; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias bias stays neutral. On the downside, break of 0.9331 will target 0.9305 support first. Firm Read more…
Markets Markets tried to extend the Trump trade yesterday after higher US October producer price inflation and solid (low) weekly jobless claims. They sparked a reaction higher in the dollar and lower in US Treasuries. Read more…