The Australian dollar falls as China’s industrial and retail data disappoint. The pair turned south in the supply zone (0.7130) at the start of a sell-off back in June. A combination of profit-taking and new Read more…
Daily Pivots: (S1) 160.00; (P) 161.05; (R1) 161.73; More… Intraday bias in GBP/JPY stays on the downside for 159.42 support. Sustained break there will target 155.57 support next. On the upside, above 162.77 minor resistance Read more…
Daily Pivots: (S1) 134.78; (P) 135.92; (R1) 136.57; More…. Intraday bias in EUR/JPY remains on the downside at this point. Deeper fall would be seen back to retest 133.38 low. Sustained break of 133.38/134.11 support Read more…
Daily Pivots: (S1) 0.8407; (P) 0.8439; (R1) 0.8459; More… Outlook in EUR/GBP is unchanged and intraday bias stays neutral. Fall from 0.8720 is still expected to resume as long as 0.8585 resistance holds. Firm break Read more…
Daily Pivots: (S1) 1.4394; (P) 1.4470; (R1) 1.4540; More… Further decline is expected in EUR/AUD despite some loss of downside momentum. Next target is 1.4318 low. Firm break there will resume larger down trend to Read more…
Daily Pivots: (S1) 0.9596; (P) 0.9632; (R1) 0.9651; More…. EUR/CHF’s down trend is still in progress and intraday bias stays on the downside. Next target is 100% projection of 1.1149 to 0.9970 from 1.0513 at Read more…
Daily Pivots: (S1) 0.6981; (P) 0.7053; (R1) 0.7095; More… Intraday bias in AUD/USD is turned back to the downside with break of 0.7008 minor support. Deeper fall would be seen back to 0.6868 support first. Read more…
Daily Pivots: (S1) 1.2800; (P) 1.2867; (R1) 1.2971; More… Intraday bias in USD/CAD stays on the upside for 1.2984 resistance. Firm break there will argue that corrective fall from 1.3222 has completed with three waves Read more…
Daily Pivots: (S1) 132.71; (P) 133.16; (R1) 133.75; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral. Range trading between 126.35/139.37 will continue for a while. On the downside, break of 130.38 will Read more…
Daily Pivots: (S1) 0.9425; (P) 0.9448; (R1) 0.9486; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.9369 is extending. Upside should be limited well below 0.9648 resistance to bring another fall. Break of Read more…