Daily Pivots: (S1) 1.1929; (P) 1.1996; (R1) 1.2076; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, firm break of 1.2055 minor resistance will confirm short term bottoming at 1.1759. Bias Read more…
Daily Pivots: (S1) 0.9575; (P) 0.9640; (R1) 0.9679; More… Intraday bias in USD/CHF remains on the downside. Fall from 0.9884 is seen as a falling leg of the consolidation from 1.0063. Deeper decline would be Read more…
Daily Pivots: (S1) 135.11; (P) 136.54; (R1) 137.50; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, firm break of 134.73 will confirm short term topping, on bearish divergence condition in Read more…
Daily Pivots: (S1) 0.6886; (P) 0.6932; (R1) 0.6970; More… Intraday bias in AUD/USD is neutral with current retreat. Further rise is mildly in favor as long as 0.6858 minor support holds. Sustained trading above 55 Read more…
This month has dragged on and seems to be lasting forever. One reason could be that it is my last full month as a keyboard warrior, toiling as the voice of reason as I try Read more…
DXY: On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop to the 1st support at 105.642 in line with overlap support, 61.8% fibonacci projection and Read more…
Daily Pivots: (S1) 1.2849; (P) 1.2889; (R1) 1.2954; More… Intraday bias in USD/CAD stays neutral at this point. On the downside, break of 1.2818 support will bring deeper fall back to 1.2516 key support. On Read more…
Dollar recovers mildly in quiet Asian session today, but it’s bounded inside Friday’s range except versus Canadian. The greenback will most probably wait until Fed Chair Jerome Powell’s comment, after another 75bps this week, before Read more…
WTI crude oil turns weaker today as the recovery from 90.97 lost momentum ahead of 106.19 resistance. The selloff came on the back on gloomy economic outlook, as indicated by the poor PMI data from Read more…
ECB Governing Council member Robert Holzmann told Austrian broadcaster ORG on Sunday, “the economy will grow less strongly, the forecasts point in this direction, that has made us somewhat cautious.” “We will see in the Read more…