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Month: March 2022

Cryptocurrencies

AUD/USD Daily Report

Daily Pivots: (S1) 0.7262; (P) 0.7314; (R1) 0.7347; More… Intraday bias in AUD/USD remains neutral for the moment as consolidation from 0.7440 could extend. Further rally will remain in favor as long as 0.7093 support Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2694; (P) 1.2744; (R1) 1.2794; More… Intraday bias in USD/CAD stays neutral with mixed outlook. On the upside, break of 1.2899 will target 1.2963 resistance first. Break there will target key long Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0864; (P) 1.0953; (R1) 1.1005; More… Intraday bias in EUR/USD remains neutral for the moment. As long as 1.1120 support turned resistance holds, larger down trend from 1.1494 is still expected to Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3004; (P) 1.3064; (R1) 1.3101; More… Intraday bias in GBP/USD remains on the downside at this point. Current down trend from 1.4248 should target 100% projection of 1.4248 to 1.3158 from 1.3748 Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9310; (P) 0.9330; (R1) 0.9369; More…. Intraday bias in USD/CHF remains mildly on the upside. Choppy rise from 0.8925 might be ready to resume. Further rise should be seen to 0.9372 resistance Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

USD/JPY Daily Outlook

Daily Pivots: (S1) 116.48; (P) 116.92; (R1) 117.73; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend from 102.58 should target 118.65 long term resistance next. On the downside, Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

Dollar Extending Rally Against Yen, Fed and BoE to Hike this Week

Dollar is lifted by risk aversion sentiment in Hong Kong and China in Asian session today. The greenback’s strength is particularly apparent against Yen, Aussie and Kiwi. Euro is trying to recover against others but Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

Ethereum and Bitcoin extending triangle consolidation, not the time for downside breakout yet

Ethereum is struggling in tight range above 2500 in quiet Asian session. It’s staying in the consolidation pattern from 2157, probably in form of a triangle. That is another rising leg could be seen as Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

Hong Kong HSI extends free fall on geo-politics, lockdown, and regulatory crackdown

Stocks in Hong Kong and China are in selloff mode again today while other parts of Asia are mixed. A batch of factors are weighing on sentiments. The Financial Times and Washington Post reported on Read more…

By , 4 years ago March 14, 2022
Cryptocurrencies

Technical Outlook and Review

DXY: On the H4 timeframe, prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a short pullback from our 1st resistance at 99.412 in line with 61.8% Read more…

By , 4 years ago March 14, 2022

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