The British Pound started a fresh decline from the 1.3600 resistance zone against the US Dollar. The GBP/USD pair traded below the 1.3500 level to move into a short-term bearish zone. It traded as low Read more…
American shares continued their volatility on Tuesday as investors waited for the upcoming interest rate decision by the Federal Reserve that will come out later today. Economists expect that the Fed will deliver a relatively Read more…
Markets The sell-off on European stock markets paused following Monday’s WS intraday comeback, but “rebound” gains remained limited to 0.5%-1%. Main US indices lost 0.2% (Dow), to 2.3% (Nasdaq), but closed off worst intraday levels. Read more…
Trading in the US equities remains hectic, unpredictable and full of surprises. The escalating tensions in the Ukrainian border, Biden threatening Putin with personal sanctions, IMF cutting the US and Chinese growth outlooks, combined to Read more…
Market movers today Today’s highlight will be the FOMC meeting. We expect Fed to keep policy rates unchanged, but reinforce signals for a March hike. As it is one of the interim meetings, no updated Read more…
Daily Pivots: (S1) 1.1268; (P) 1.1298; (R1) 1.1334; More… Intraday bias in EUR/USD remains mildly on the downside. Corrective rebound from 1.1185 should have completed at a.1482. Deeper fall would be seen back to 1.1185 Read more…
Daily Pivots: (S1) 1.3455; (P) 1.3487; (R1) 1.3537; More… GBP/USD recovered after dropping to 1.3435 and intraday bias is turned neutral first. As noted before, rebound from 1.3158 could have completed at 1.3748 already. More Read more…
Daily Pivots: (S1) 0.9114; (P) 0.9136; (R1) 0.9164; More…. Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 has Read more…
Daily Pivots: (S1) 113.63; (P) 113.89; (R1) 114.12; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. As noted before, considering bearish divergence condition in in daily MACD, it’s probably already in correction Read more…
Daily Pivots: (S1) 0.7125; (P) 0.7149; (R1) 0.7175; More… Intraday bias in AUD/USD remains neutral first. Risk will stay on the downside as long as 0.7313 resistance holds. Corrective rebound from 0.6992 should have completed Read more…