Daily Pivots: (S1) 1.4730; (P) 1.4824; (R1) 1.4925; More… Intraday bias in EUR/AUD remains neutral as range trading continues. On the upside, break of 1.5053 will resume the rebound from 1.4318 to target 61.8% retracement Read more…
Daily Pivots: (S1) 1.0265; (P) 1.0290; (R1) 1.0325; More…. Intraday bias in EUR/CHF remains mildly on the upside for for 1.0369/0400 resistance zone. Firm break there will resume the rebound from 0.9970 to 1.0610 structural Read more…
Daily Pivots: (S1) 1.0481; (P) 1.0530 (R1) 1.0567; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0470 is still extending. Upside of recovery should be limited by 1.0756 support turned resistance to bring Read more…
Daily Pivots: (S1) 1.2454; (P) 1.2511; (R1) 1.2550; More… GBP/USD is staying in consolidation from 1.2410 and intraday bias remains neutral for the moment. In case of stronger recovery, upside should be limited below 1.2999 Read more…
Daily Pivots: (S1) 0.9740; (P) 0.9770; (R1) 0.9819; More…. Intraday bias in USD/CHF stays on the upside despite loss of upside momentum. Current rally should target next medium term projection level at 0.9864. On the Read more…
Daily Pivots: (S1) 129.79; (P) 130.04; (R1) 130.38; More… USD/JPY is staying in consolidation from 131.24. Intraday bias stays neutral at this point. Near term outlook remains bullish with 126.91 support intact. Break of 131.24 Read more…
Daily Pivots: (S1) 1.2841; (P) 1.2878; (R1) 1.2915; More… Intraday bias in USD/CAD is turned neutral as it retreat after hitting 1.2913. Some consolidations could be seen but further rally is expected as long as Read more…
Markets Yesterday’s RBA U-turn as it raised the policy rate by a bigger than expected 25 bpn inaugural rate hike, set the tone for global bond markets. European yields continued their journey north with the Read more…
NZDUSD is creating a bullish star doji on Tuesday after it dropped to a new 22-month low of 0.6410 and if the price heads higher, it could confirm a positive move in the short-term timeframe. Read more…
EUR/USD After the strong depreciation of the euro against the U.S. dollar from 1.0910 to 1.0520, the currency pair entered a consolidation phase in the narrow range of 1.0480 – 1.0565. During yesterday’s trading session, Read more…