Daily Pivots: (S1) 1.2673; (P) 1.2733; (R1) 1.2795; More… Intraday bias in USD/CAD remains neutral with mixed near term outlook. On the upside, break of 1.2876 will resume the rally from 1.2448 to 1.2963 resistance. Read more…
Daily Pivots: (S1) 0.7324; (P) 0.7352; (R1) 0.7404; More… Intraday bias in AUD/USD remains on the upside at his point. As noted before, fall from 0.8006 should have completed at 0.6966, after drawing support from Read more…
Daily Pivots: (S1) 114.49; (P) 115.02; (R1) 115.40; More… Range trading continues in USD/JPY and intraday bias remains neutral for the moment. On the upside, firm break of 116.34 will resume larger up trend from Read more…
Daily Pivots: (S1) 0.9152; (P) 0.9181; (R1) 0.9198; More…. Intraday bias in USD/CHF remains neutral as sideway trading continues. Choppy rise from 0.8925 would still be in favor to extend higher as long as 0.9090 Read more…
Daily Pivots: (S1) 1.3173; (P) 1.3264; (R1) 1.3325; More… Intraday bias in GBP/USD remain son the downside downside for 1.3158 support first. Firm break there will carry larger bearish implications. Next target is 61.8% projection Read more…
Daily Pivots: (S1) 1.0855; (P) 1.0962; (R1) 1.1037; More… EUR/USD’s decline continues today and intraday bias stays on the downside for 61.8% projection of 1.2265 to 1.1120 from 1.1494 at 1.0786. Sustained break there will Read more…
Moves in the markets are intensifying as another week starts, as Russia’s invasion on Ukraine continues. US and allies rejected Ukrainian President Volodymyr Zelenskyy’s plea for creating a no-fly zone over the country. But they’re now Read more…
Both Euro and Sterling are under heavy selling pressure today, against commodity currencies. EUR/CAD dives to as low as 1.3773 so far and there is no sign of bottoming. Current fall from 1.4633 is part Read more…
Gold gaps up as the week open and hit as high as 2000.73 so far. The break of 1974.32 resistance confirms resumption of rally from 1682.60. Further rally is expected as long as 1923.09 minor Read more…
Oil prices surge gap up the week and surge to highest level since 2008. Both the US and its European allies are, responding to Ukrainian President Volodymyr Zelenskyy’s request, considering to ban Russian oil imports Read more…