Daily Pivots: (S1) 1.2764; (P) 1.2819; (R1) 1.2875; More… Intraday bias in USD/CAD remains neutral and further rise is mildly in favor with 1.2712 support intact. On the upside, break of 1.3075 will resume the Read more…
Daily Pivots: (S1) 1.0284; (P) 1.0317; (R1) 1.0348; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by Read more…
Daily Pivots: (S1) 157.67; (P) 159.35; (R1) 160.69; More… GBP/JPY is staying in corrective pattern from 168.40 and intraday bias remains neutral. On the downside, break of 155.57 will extend the correction towards 150.96 key Read more…
Daily Pivots: (S1) 135.57; (P) 136.18; (R1) 136.81; More…. EUR/JPY is staying in the corrective pattern from 139.99 and intraday bias remains neutral first. On the downside, break of 132.63 will resume the fall and Read more…
Daily Pivots: (S1) 0.8501; (P) 0.8544; (R1) 0.8608; More… Intraday bias in EUR/GBP remains neutral for the moment. As long as 0.8365 support holds, further rally is still in favor. On the upside, break of Read more…
Daily Pivots: (S1) 1.5026; (P) 1.5113; (R1) 1.5190; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, break of 1.4882 support will reaffirm that case that corrective rebound from 1.4318 has Read more…
New Zealand Dollar rises broadly today after an hawkish RBNZ rate hike, which suggests that interest rate could peak higher than earlier projected. Australian and Canadian Dollars are also generally firmer. On the other hand, Read more…
DXY: On the H4, with prices below the ichimoku indicator, we have a bearish bias that price will drop to our 1st support at 101.560 where the horizontal swing low support, 127.2% Fibonacci extension and Read more…
Short Term Elliott Wave View in Silver (XAGUSD) suggests cycle from 3/8/2022 high ended as a 5 waves impulse structure at 20.42. This impulse wave lower ended wave (1). Wave (2) corrective rally is now Read more…
The Reserve Bank of New Zealand has today raised the Official Cash Rate by 50 basis points to 2.00%, a follow up to its 50bp rate hike in April. While this was widely expected, a Read more…