Daily Pivots: (S1) 160.62; (P) 162.18; (R1) 163.24; More… Intraday bias in GBP/JPY remains neutral as range trading continues. Consolidation from 168.67 could still extend further. Break of 166.31 resistance will be the first sign Read more…
Daily Pivots: (S1) 135.61; (P) 136.27; (R1) 136.88; More…. Intraday bias in EUR/JPY stays mildly on the upside, as rebound from 133.38 would continue higher. Sustained break of 55 day EMA (now at 138.54) will Read more…
Daily Pivots: (S1) 1.4609; (P) 1.4658; (R1) 1.4752; More… Intraday bias in EUR/AUD stays neutral at this point. While stronger recovery cannot be ruled out, upside should be limited below 1.4910 resistance to bring fall Read more…
Daily Pivots: (S1) 0.8370; (P) 0.8404; (R1) 0.8460; More… Intraday bias in EUR/GBP is turned neutral again with break of 0.8414 minor resistance and some consolidation would be seen. But near term outlook will stay Read more…
Daily Pivots: (S1) 0.9764; (P) 0.9781; (R1) 0.9801; More…. EUR/CHF is staying in consolidation above 0.9697 temporary low. Intraday bias stays neutral first. While further fall cannot be ruled out, some support might be seen Read more…
BoE Governor Andrew Bailey said at the Today Programme that the real risks is import inflation from energy and food becomes “embedded”. As firms are not struggling to raise prices, inflation would be comes worse Read more…
USDCAD shifted to the sidelines immediately after charting a new lower low at 1.2766 in the short-term picture, unable to reach the constraining 20-day simple moving average (SMA). The technical indicators state a bearish-to-neutral bias Read more…
Daily Pivots: (S1) 1.2829; (P) 1.2853; (R1) 1.2887; More… Consolidative trading continues in USD/CAD and intraday bias remains neutral. Further decline is mildly in favor with 1.2945 minor resistance intact. Below 1.2766 will resume the Read more…
Daily Pivots: (S1) 0.6940; (P) 0.6965; (R1) 0.6995; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. On the upside, break of 0.7045 will resume the rebound from 0.6680 to 0.7282 key resistance Read more…
Daily Pivots: (S1) 132.31; (P) 133.37; (R1) 133.97; More… Intraday bias in USD/JPY stays neutral at this point and outlook is unchanged. Correction from 139.37 could still extend through 130.38. But downside should be contained Read more…