Daily Pivots: (S1) 0.9172; (P) 0.9197; (R1) 0.9215; More…. Intraday bias in USD/CHF remains mildly on the downside and deeper fall would be seen to 0.9090 support. Firm break there will argue that choppy rise Read more…
Daily Pivots: (S1) 114.13; (P) 114.46; (R1) 114.77; More… Intraday bias in USD/JPY remains mildly on the downside for 113.46. Corrective pattern from 116.34 is extending with another falling leg. Break of 113.46 will target Read more…
Daily Pivots: (S1) 0.7117; (P) 0.7138; (R1) 0.7158; More… AUD/USD’s rise from 0.6966 is still in progress and intraday bias stays mildly on the upside for 0.7313 resistance. Decisive break there should confirm that 0.6991 Read more…
Daily Pivots: (S1) 1.2646; (P) 1.2676; (R1) 1.2701; More… USD/CAD is staying in consolidation form 1.2795 and intraday bias remains neutral first. Further rise is expected with 1.2558 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 0.8318; (P) 0.8335; (R1) 0.8345; More… EUR/GBP is staying in range of 0.8304/8421 and intraday bias remains neutral first. Near term outlook stays bearish as long as 0.8421 resistance holds. Break of Read more…
Daily Pivots: (S1) 1.5790; (P) 1.5830; (R1) 1.5880; More… Outlook in EUR/AUD remains unchanged. With 1.5712 minor support intact, further is still mildly in favor to 1.6168 resistance. However, on the downside, break of 1.5712 Read more…
Daily Pivots: (S1) 1.0375; (P) 1.0391; (R1) 1.0405; More…. No change in EUR/CHF’s outlook as consolidation from 1.0298 is still extending. Intraday bias stays neutral first. In case of stronger recovery, upside should be limited Read more…
Daily Pivots: (S1) 129.12; (P) 129.30; (R1) 129.54; More…. Intraday bias in EUR/JPY remains neutral as consolidation from 128.23 is still extending. Outlook is unchanged that corrective pattern from 134.11 is extending with another falling Read more…
The short-term Elliott wave view in AUDUSD suggests that the decline from January 13, 2022 high unfolded in 5 wave impulse sequence & showing a bearish sequence favoring further downside in the pair. While the Read more…
DXY: On the H4 timeframe, prices are on bullish momentum and abiding to a daily ascending trendline. We would expect potentially a bounce from our 1st support at 95.583 in line with 61.8% Fibonacci retracement Read more…