Month: August 2022

The New Zealand dollar loses steam after a slowdown in inflation expectations. The price is at a crossroads after the recent rally came to a halt in the supply zone (0.6350), while a bullish MA Read more…

Daily Pivots: (S1) 1.0161; (P) 1.0192; (R1) 1.0224; More… Range trading continues in EUR/USD. Outlook is unchanged and intraday bias remains neutral. On the downside, break of 1.0095 minor support will argue that larger down Read more…

Daily Pivots: (S1) 134.41; (P) 134.99; (R1) 135.62; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Rise from 130.38 should target a test on 139.37 high. Strong resistance could be Read more…

Daily Pivots: (S1) 1.2039; (P) 1.2088; (R1) 1.2129; More… At this point, intraday bias in GBP/USD stays mildly on the downside. Rebound from 1.1759 should have completed after hitting 55 day EMA. Deeper fall would Read more…

Daily Pivots: (S1) 0.9503; (P) 0.9573; (R1) 0.9625; More… Intraday bias in USD/CHF stays neutral for the moment. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at 0.9647) will Read more…

Daily Pivots: (S1) 0.6919; (P) 0.6965; (R1) 0.7031; More… Intraday bias in AUD/USD remains neutral and more consolidation could be seen below 0.7045. On the upside, break of 0.7045 will resume the rebound from 0.6680 Read more…

Daily Pivots: (S1) 1.2813; (P) 1.2882; (R1) 1.2924; More… Intraday bias in USD/CAD is turned neutral again with current deep retreat. On the downside, break of 1.2817 minor support will suggest that fall from 1.3222 Read more…

Daily Pivots: (S1) 162.50; (P) 163.18; (R1) 163.78; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Consolidation from pattern from 168.67 could extend further. On the upside, above 163.97 will turn bias Read more…

Daily Pivots: (S1) 137.17; (P) 137.55; (R1) 138.02; More…. EUR/JPY’s rebound from 133.38 is still in progress and intraday bias stays on the upside. Sustained trading above 55 day EMA (now at 138.48) will suggest Read more…

Daily Pivots: (S1) 0.8418; (P) 0.8431; (R1) 0.8453; More… EUR/GBP’s recovery from 0.8338 is still in progress but intraday bias remains neutral. While stronger recovery might be seen, outlook will stay bearish as long as Read more…