Month: June 2022

EUR/USD During yesterday’s trading session, the bulls found the level at 1.0640 to be a good opportunity to enter the market and we witnessed a rally that led to an increase in the value of Read more…

Daily Pivots: (S1) 162.49; (P) 162.96; (R1) 163.79; More… Intraday bias in GBP/JPY remains on the upside as rebound from 155.57 is in progress to retest 168.40 high. Firm break there will resume larger up Read more…

Daily Pivots: (S1) 138.80; (P) 139.20; (R1) 140.00; More…. Intraday bias in EUR/JPY stays on the upside at this point. Decisive break of 139.99 resistance will confirm larger up trend resumption. Next target 61.8% projection Read more…

Daily Pivots: (S1) 0.8521; (P) 0.8536; (R1) 0.8561; More… EUR/GBP is still bounded and range trading and intraday bias stays neutral. Further rally is in favor with 0.8365 support intact. On the upside, break of Read more…

Daily Pivots: (S1) 1.4745; (P) 1.4831; (R1) 1.4879; More… Intraday bias in EUR/AUD remains on the downside for the moment as fall from 1.5277 is in progress. Corrective rebound from 1.4138 should have completed at Read more…

Daily Pivots: (S1) 1.0241; (P) 1.0272; (R1) 1.0325; More…. Further decline is expected in EUR/CHF with 1.0335 resistance intact. Corrective rebound from 0.9970 could have completed at 1.0513. Break of 1.0086 will bring retest of Read more…

Daily Pivots: (S1) 1.0677; (P) 1.0715 (R1) 1.0784; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.0786, and sustained trading above 55 day EMA (now at 1.0757) will Read more…

Daily Pivots: (S1) 1.2500; (P) 1.2543; (R1) 1.2618; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, above 1.2666 will resume the rebound from 1.2154. Sustained of 55 day EMA (now Read more…

Daily Pivots: (S1) 0.9556; (P) 0.9597; (R1) 0.9621; More… No change in USD/CHF’s outlook and intraday bias remains neutral for the moment. Strong support is expected from 61.8% retracement of 0.9193 to 1.0063 at 0.9525 Read more…

Daily Pivots: (S1) 129.53; (P) 129.88; (R1) 130.26; More… USD/JPY is losing some upside momentum as seen in 4 hour MACD. But further rally is still expected with 128.45 minor support intact. Decisive break of Read more…