Month: March 2022

Daily Pivots: (S1) 0.9303; (P) 0.9328; (R1) 0.9362; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, below 0.9293 will extend the pull back from 0.9459 to 5 day EMA (now Read more…

Daily Pivots: (S1) 1.0995; (P) 1.1032; (R1) 1.1055; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, below 1.0899 minor support will turn bias back to the downside for 61.8% Read more…

Daily Pivots: (S1) 1.3127; (P) 1.3169; (R1) 1.3210; More… GBP/USD’s break of 1.3210 minor resistance confirms short term bottoming at 1.2999. Intraday bias is back on the upside for rebound to 55 day EMA (now Read more…

The selloff in Yen remains the major theme in the market today, but both Dollar and Euro are also now under some pressure. For now, New Zealand Dollar is winning the race, followed by Aussie Read more…

ECB Governing Council member Villeroy de Galhau said today, “it is indeed time to take our foot off the accelerator, as decided during our last governing council.” “That said, we should not overreact to short-term Read more…

The US yields are still on the rise so we see USD strong, but not that much vs commodity currencies. Looking at the 10 year US notes bearish pattern, we see room for more weakness Read more…

The Australian dollar resumes higher on Tuesday after bulls paused on Monday, on headwinds from pivotal Fibo barrier at 0.7416 (76.4% retracement of 0.7555/0.6967). Today’s break through this barrier, generated fresh signal of continuation of Read more…