Daily Pivots: (S1) 129.27; (P) 130.23; (R1) 130.75; More…. The break of 129.59 support dampens our bullish view and indicates that rebound from 127.36 has completed at 131.59 already. Intraday bias is back on the Read more…
Daily Pivots: (S1) 0.8312; (P) 0.8345; (R1) 0.8364; More… Intraday bias in EUR/GBP is back on the downside as recent down trend is resuming. Further fall would be seen to 0.8276 key long term support. Read more…
Daily Pivots: (S1) 1.5724; (P) 1.5799; (R1) 1.5839; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. On the downside, break of 1.5559 will resume the fall from 1.6168 to retest 1.5250/5354 support Read more…
Daily Pivots: (S1) 1.0368; (P) 1.0403; (R1) 1.0426; More…. Intraday bias in EUR/CHF is back on the downside for 1.0324 low, as corrective rebound from there should have completed at 1.0510. Firm break of 1.0324 Read more…
UK CPI accelerated to 5.4% yoy in December, up from 5.1%, above expectation of 5.2% yoy. This is the highest reading since record began in 1997. CPI core rose to 4.2% yoy, up from 4.0% Read more…
In late November, the renomination of Fed Chair Powell over Fed Governor Lael Brainard was considered a hawkish development. U.S. real yields rebounded higher, and gold wasted little time collapsing below $1800 before finding support near Read more…
DXY: On the H4 timeframe, prices are abiding to a bearish trendline and are on bearish momentum. We expect a dip from our 1st resistance at 95.895 towards our 1st support at 95.6 in line Read more…
Daily Pivots: (S1) 0.7161; (P) 0.7195; (R1) 0.7219; More… Intraday bias in AUD/USD stays neutral and outlook is unchanged. We’re still slightly favoring the case that correction from 0.8006 is complete after defending 0.6991. Above Read more…
Daily Pivots: (S1) 1.2478; (P) 1.2521; (R1) 1.2556; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. Further fall is expected as long as 1.2619 support turned resistance holds. Current development argues that Read more…
Daily Pivots: (S1) 114.34; (P) 114.70; (R1) 114.95; More… Intraday bias in USD/JPY remains neutral at this point. Corrective pattern from 116.34 is expected to extend with at least another falling leg. On the downside, Read more…