Asian markets are mostly positive this morning as Shanghai announced a raft of stimulus measures and both Shanghai and Beijing eased Covid-19 restrictions. The devil is in the detail of course, and corkers in both Read more…
Daily Pivots: (S1) 160.04; (P) 160.35; (R1) 160.87; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on Read more…
Daily Pivots: (S1) 135.94; (P) 136.33; (R1) 136.82; More…. Intraday bias in EUR/JPY stays neutral at this point. Corrective pattern from 139.99 could still extend. On the downside, break of 132.63 will target 61.8% retracement Read more…
Daily Pivots: (S1) 0.8477; (P) 0.8500; (R1) 0.8519; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. Further rally is in favor with 0.8365 support intact. On the upside, break of 0.8617 will Read more…
Daily Pivots: (S1) 1.4921; (P) 1.5031; (R1) 1.5100; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Break of 1.4882 support will reaffirm that case that corrective rebound from 1.4318 has completed at Read more…
Daily Pivots: (S1) 1.0232; (P) 1.0275; (R1) 1.0317; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Further fall is expected with 1.0359 resistance intact. On the downside, below 1.0228 will reaffirm the Read more…
Daily Pivots: (S1) 1.0699; (P) 1.0732 (R1) 1.0767; More… EUR/USD’s rebound from 1.0348 is still in progress and intraday bias stays on the upside. Sustained trading above 55 day EMA (now at 1.0757) will target Read more…
Daily Pivots: (S1) 126.78; (P) 127.01; (R1) 127.35; More… No change in USD/JPY’s outlook as correction from 131.34 is extending. Deeper decline could be seen but downside should be contained by 125.09 cluster support (38.2% Read more…
Daily Pivots: (S1) 1.2567; (P) 1.2594; (R1) 1.2636; More… Intraday bias in GBP/USD remains on the upside as rise from 1.2154 is in progress for 55 day EMA (now at 1.2756). Sustained break there will Read more…
Daily Pivots: (S1) 0.9546; (P) 0.9575; (R1) 0.9605; More… Outlook in USD/CHF remains unchanged as fall from 1.0063 could extend lower. But should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to Read more…