Month: July 2022

Daily Pivots: (S1) 1.0108; (P) 1.0150 (R1) 1.0227; More… EUR/USD’s fall resumes after brief consolidations. Intraday bias is back on the downside. Current down trend should target 100% projection of 1.1184 to 1.0348 from 1.0773 Read more…

Daily Pivots: (S1) 1.1951; (P) 1.2004; (R1) 1.2087; More… Intraday bias in GBP/USD remains neutral and more consolidation could be seen above 1.1874. Outlook remains bearish with 1.2405 resistance intact. On the downside, break of Read more…

Daily Pivots: (S1) 0.9727; (P) 0.9762; (R1) 0.9803; More… Intraday bias in USD/CHF stays on the upside for the moment. Consolidation pattern from 1.0063 should have completed with three waves down to 0.9493 already. Further Read more…

Daily Pivots: (S1) 135.42; (P) 136.00; (R1) 136.66; More… Intraday bias in USD/JPY stays on the upside for the moment. Current up trend should target 100% projection of 114.40 to 131.34 from 126.35 at 143.29. Read more…

Daily Pivots: (S1) 0.6809; (P) 0.6842; (R1) 0.6891; More… AUD/USD’s down trend resumes by breaking through 0.6762 temporary low and intraday bias is back on the downside. Sustained trading below 0.6756/60 will carry larger bearish Read more…

Dollar’s rally is accelerating as markets enter into US session. Swiss Franc and Canadian are following the greenback. But Australian Dollar is the worst, together with New Zealand Dollar. But Yen is also weak, with Read more…

Both Gold and Silver turned into sideway trading after steep selloff last week, on the back on stronger Dollar and weak commodity prices in general. There is no sign of a sustainable bounce in both Read more…