The USDJPY is consolidating under new highest level since Sep 1998 (137.75) in early Tuesday’s trading, following Monday’s bullish signal on 2.6% advance (the biggest one-day advance since June 17) and close above previous top Read more…
A burst of dollar strength pushed EUR/USD to just 5 pip above parity. Although the move appears to be on the back of rising yen, which is now the strongest major currency of the Asian Read more…
Asian shares were a sea of red on Tuesday as recession fears and China’s renewed Covid-19 outbreak smothered appetite for risk. Overnight, Wall Street’s main indices took a beating as investors sprinted to safety ahead Read more…
Daily Pivots: (S1) 162.79; (P) 163.63; (R1) 164.22; More… Intraday bias in GBP/JPY stays neutral and further fall is in favor with 165.26 minor resistance intact. On the downside, below 160.37 support will target 155.57 Read more…
Daily Pivots: (S1) 137.52; (P) 138.35; (R1) 138.80; More…. Intraday bias in EUR/JPY stays neutral and further fall is in favor with 139.78 minor resistance intact. On the downside, below 136.86 will target 132.63 support. Read more…
Daily Pivots: (S1) 1.2947; (P) 1.2999; (R1) 1.3057; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rise is mildly in favor with 1.2818 support intact. On the upside, break of 1.3082 Read more…
Daily Pivots: (S1) 0.6682; (P) 0.6769; (R1) 0.6822; More… Intraday bias in AUD/USD remains on the downside. Current down trend from 0.8006 should now target next fibonacci level at 0.6461. On the upside, break of Read more…
Daily Pivots: (S1) 136.34; (P) 137.05; (R1) 138.12; More… Intraday bias in USD/JPY remains on the upside and outlook is unchanged. Current up trend should target 100% projection of 114.40 to 131.34 from 126.35 at Read more…
Daily Pivots: (S1) 0.9782; (P) 0.9813; (R1) 0.9863; More… Intraday bias in USD/CHF remains on the upside and outlook is unchanged. Consolidation pattern from 1.0063 should have completed with three waves down to 0.9493 already. Read more…
Daily Pivots: (S1) 0.9989; (P) 1.0086 (R1) 1.0139; More… Intraday bias in EUR/USD remains on the downside for the moment. Current down trend should target 100% projection of 1.1184 to 1.0348 from 1.0773 at 0.9937, Read more…