EUR/USD After reaching the support at 1.0293 in the early hours of yesterday, the currency pair started a convincing decline. The key level of 1.0232 could not hold the front and declines continued until the Read more…
Daily Pivots: (S1) 160.24; (P) 161.12; (R1) 162.80; More… GBP/JPY recovered notably after dipping to 159.42 and intraday bias is turned neutral first. Sideway consolidation from 168.67 could extend further. Break of 166.31 resistance will Read more…
Daily Pivots: (S1) 134.03; (P) 134.72; (R1) 136.04; More…. EUR/JPY recovers notably after dipping to 133.38, and drawing support from 134.11. Intraday bias is turned neutral first. Firm break of 135.85 will indicate short term Read more…
Daily Pivots: (S1) 0.8333; (P) 0.8366; (R1) 0.8393; More… EUR/GBP’s decline resumes after brief consolidation and intraday bias back on the downside. Current fall from 0.8720 should target a retest on 0.8201 low. On the Read more…
Daily Pivots: (S1) 1.4591; (P) 1.4699; (R1) 1.4801; More… Intraday bias EUR/AUD is turned neutral again at this lost momentum after failing to sustain above 4 hour 55 EMA. While stronger recovery cannot be ruled Read more…
Daily Pivots: (S1) 0.9715; (P) 0.9739; (R1) 0.9758; More…. EUR/CHF is staying in consolidation above 0.9697 temporary low and intraday bias remains neutral. While further fall cannot be ruled out, some support might be seen Read more…
Daily Pivots: (S1) 1.2847; (P) 1.2867; (R1) 1.2900; More… Intraday bias in USD/CAD remains neutral at this point. Further decline is mildly in favor with 1.2945 minor resistance intact. Below 1.2766 will resume the fall Read more…
Daily Pivots: (S1) 0.6877; (P) 0.6955; (R1) 0.6996; More… Intraday bias in AUD/USD stays neutral for the moment. On the upside, break of 0.7045 will resume the rebound from 0.6680 to 0.7282 key resistance next. Read more…
Markets Pelosi’s visit to Taiwan provoking the ire of China dominated most of the European trading session. Risky assets including equities were sold while safe havens enjoyed a good bid in your typical risk-off market Read more…
Short Term Elliott Wave view in Dollar Index (DXY) suggests rally to 109.29 on 7.14.2022 peak ended wave (3). Pullback in wave (4) ended at 105.05 with internal subdivision as a zigzag Elliott Wave structure. Read more…