Daily Pivots: (S1) 129.85; (P) 130.60; (R1) 131.08; More… Intraday bias in USD/JPY is turned neutral again as it retreated quickly after hitting 131.34. Further is expected as long as 128.61 support holds. Above 131.34 Read more…
Daily Pivots: (S1) 0.6905; (P) 0.6988; (R1) 0.7032; More… AUD/USD’s break of 0.6966 low confirms resumption of whole corrective pattern from 0.8006. Intraday bias stays on the downside for 0.6756 medium term fibonacci level next. Read more…
Daily Pivots: (S1) 1.2940; (P) 1.2978; (R1) 1.3053; More… USD/CAD’s rally continued and met 1.3022 fibonacci level already. There is no sign of topping yet and intraday bias stays on the upside. Sustained break of Read more…
Daily Pivots: (S1) 1.0438; (P) 1.0467; (R1) 1.0526; More…. EUR/CHF’s rally is still in progress and intraday bias remains on the upside for 100% projection of 0.9970 to 1.0086 from 1.0400 at 1.0516. This is Read more…
Daily Pivots: (S1) 159.83; (P) 161.01; (R1) 161.85; More… GBP/JPY is staying in corrective pattern from 168.40 and intraday bias remains neutral. Break of 159.59 will extend the correction from 168.40 lower. But downside should Read more…
Daily Pivots: (S1) 137.03; (P) 137.67; (R1) 138.28; More…. EUR/JPY is staying in consolidation from 139.99 and intraday bias remains neutral. In case of another decline, downside should be contained by 38.2% retracement of 124.37 Read more…
Daily Pivots: (S1) 0.8531; (P) 0.8551; (R1) 0.8586; More… EUR/GBP lost momentum after hitting 0.8590 and intraday bias is turn neutral first. Some consolidations would be seen but outlook will stay bullish as long as Read more…
Daily Pivots: (S1) 1.4992; (P) 1.5099; (R1) 1.5303; More… EUR/AUD’s rebound from 1.4138 resumed by breaking through 1.5053 resistance. Intraday bias is back on the upside with focus on 1.5354 cluster resistance (100% projection of Read more…
The markets are still staying in overall risk-off mode this week so far, with selloff in stocks, gold, oil and cryptos. Commodity currencies are trading broadly lower as as result, led by Aussie. Dollar and Read more…
With key US inflation data scheduled for tomorrow, we take a look behind the curtain to see if it’s realistic to expect inflation to finally tail off. US inflation is expected to fall from a Read more…