US stocks stabilized slightly in the futures market after Gina Raimondo, the Commerce Secretary, hinted that the government could remove the tariffs that were implemented by Donald Trump. In the statement, she hinted that steel Read more…
EURUSD is holding within a tight range of 1.0635 to 1.0780 after surpassing of the 20- and 40-day simple moving averages (SMAs). The RSI is moving sideways above the neutral threshold of 50, while the Read more…
Gold faced its second rejection in two weeks around the wall of $1,867 despite inching to a one-month high of $1,874 on Friday, with the price retreating to the $1,850 territory in the aftermath. The RSI Read more…
EUR/USD The bulls did not gain enough momentum to successfully breach the resistance at 1.0746, and during the early hours of today`s trading, the pair is hovering just below the aforementioned level. If the buyers Read more…
Daily Pivots: (S1) 162.91; (P) 163.50; (R1) 163.94; More… Intraday bias in GBP/JPY remains on the upside for retesting 168.40 high. Firm break there will resume larger up trend. On the downside, below 160.92 minor Read more…
Daily Pivots: (S1) 139.64; (P) 140.00; (R1) 140.57; More…. Intraday bias in EUR/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 124.37 to 139.99 from 132.63 at 142.28 Read more…
Daily Pivots: (S1) 0.8553; (P) 0.8569; (R1) 0.8598; More… Intraday bias in EUR/GBP remains neutral as range trading continues. With 0.8365 support intact, further rise is in favor. On the upside, break of 0.8617 will Read more…
Daily Pivots: (S1) 1.4803; (P) 1.4842; (R1) 1.4906; More… Intraday bias in EUR/AUD remains neutral at this point but further decline is expected with 1.4965 minor resistance intact. Corrective rebound from 1.4318 should have completed Read more…
Daily Pivots: (S1) 1.0292; (P) 1.0310; (R1) 1.0339; More…. Intraday bias in EUR/CHF stays neutral and further decline is in favor with 1.0349 resistance intact. Break of 1.0216 support will reaffirm the case that corrective Read more…
Daily Pivots: (S1) 1.0695; (P) 1.0729 (R1) 1.0755; More… Intraday bias in EUR/USD stays neutral for the moment. On the downside, break of 1.0626 minor support will indicate rejection by 55 day EMA, and turn Read more…