BTCUSD has been constantly gaining ground after its prolonged downtrend bottomed at the 2022 low of 17,588. However, in the last few daily sessions, the cryptocurrency has been experiencing a downside correction since its recent Read more…
Cable maintains negative tone and attacks 1.20 support in early Thursday following short-lived recovery attempts. Pound came under fresh pressure after higher than expected July inflation (10.1% vs 9.8% f/c; the highest since 1982) that Read more…
The current structure of the AUDUSD pair indicates that the market is forming a zigzag a- b-c, which currently includes a complex bearish correction b. Wave b consists of primary sub-waves. The last section of Read more…
EUR/USD Today’s trading session for the single European currency got off to a shaky start as the euro continued to trade just below the resistance at 1.0188. A successful breach of this level would be Read more…
Daily Pivots: (S1) 162.14; (P) 162.86; (R1) 163.53; More… GBP/JPY is still staying in the corrective pattern from 168.67. Intraday bias is mildly on the upside for 163.91 resistance. Break there will target 166.31 resistance Read more…
Daily Pivots: (S1) 136.55; (P) 137.21; (R1) 138.16; More…. Intraday bias in EUR/JPY remains neutral for the moment. Overall, it’s staying in the corrective pattern from 144.26. On the upside, above 138.38 will resume the Read more…
Daily Pivots: (S1) 0.8405; (P) 0.8428; (R1) 0.8467; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. On the upside, break of 0.8491 resistance will resume the rebound from 0.8338. That would Read more…
Daily Pivots: (S1) 1.4528; (P) 1.4617; (R1) 1.4764; More… Intraday bias in EUR/AUD is neutral first. Another fall is in favor with 1.4804 resistance intact. Firm break of 1.4318 low will will resume larger down Read more…
Daily Pivots: (S1) 0.9658; (P) 0.9679; (R1) 0.9707; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9602 temporary low. Upside of recovery should be limited well below 0.9948 resistance to bring another fall. Read more…
Daily Pivots: (S1) 1.0149; (P) 1.0176; (R1) 1.0206; More… Intraday bias in EUR/USD is turned neutral first, but risk stays on the downside as long as 1.0368 resistance holds. Rebound from 0.9951 should have completed Read more…