Month: April 2022

Daily Pivots: (S1) 1.0763; (P) 1.0808 (R1) 1.0843; More… Intraday bias in EUR/USD stays on the downside for the moment. Current down trend should now target 100% projection of 1.1494 to 1.0805 from 1.1184 at Read more…

Daily Pivots: (S1) 0.9534; (P) 0.9564; (R1) 0.9599; More…. Outlook in USD/CHF is unchanged and intraday bias stays on the upside. Sustained break of 0.9591 medium term projection level will pave the way to next Read more…

Daily Pivots: (S1) 127.83; (P) 128.47; (R1) 129.20; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Consolidation from 129.39 is extending and deeper retreat cannot be ruled out. But downside should be Read more…

Daily Pivots: (S1) 1.2763; (P) 1.2899; (R1) 1.2976; More… Intraday bias in GBP/USD remains on the downside as down trend continues. Next target is 100% projection of 1.3641 to 1.2999 from 1.3297 at 1.2655. Sustained Read more…

Yen, Swiss Franc, and Dollar are trading higher today on overall risk off sentiment. Selloff was particularly steep in Chinese stock markets on risks of more lockdowns in major cities, in particular Beijing. While European Read more…

AUD/JPY is under some heavy selling today. The development should confirm that a short term top was formed at 95.73, on bearish divergence condition in 4 hour MACD. It’s now correcting the whole rally from Read more…

US stocks point to a weaker open as growth fears dominate amid a hawkish Fed and more lockdown restrictions expected in China. US futures Dow futures -0.7 % at 33950 S&P futures -0.82% at 4236 Read more…

The British pound is sharply lower at the start of the week. In the European session, GBP/USD is trading at 1.2739, down 0.77% on the day. Weak UK data, Fed sinks pound The week ended Read more…

Early in the final April week, oil prices are declining; Brent has reached $103.40. The key reason for this is a new coronavirus outbreak in Shanghai, China. Earlier, Shanghai authorities started slowly removing social restrictions Read more…