Daily Pivots: (S1) 1.4798; (P) 1.4862; (R1) 1.4986; More… EUR/AUD’s rally resumes again and intraday bias is back on the upside. Rise from 1.4281 short term bottom would target 1.5396 resistance. On the downside, however, Read more…
Daily Pivots: (S1) 0.9558; (P) 0.9586; (R1) 0.9640; More…. EUR/CHF recovered quickly after dipping to 0.9530. Intraday bias is turned neutral first. But outlook stays bearish as long as 0.9864 resistance holds Break of 0.9530 Read more…
EUR/USD Neither the bears, nor the bulls managed to gain enough momentum and the EUR/USD remained locked in the zone between 0.9960 – 1.0025. The market sentiment remains negative – for a depreciation of the Read more…
The Nasdaq 100 tumbles as investors brace for an aggressive move by the Fed next week. The recent rally came under pressure at the origin of a sell-off in late August (12850) which coincides with Read more…
The Australian dollar struggles as August’s unemployment rate shows an uptick. The bounce hit resistance at 0.6910 over the 30-day moving average. A steep drop is a sign of liquidation and a lack of commitment Read more…
The US dollar recovers supported by rising Treasury yields. A previous failure to clear the July peak at 0.9870 has put a halt to the dollar’s rally, possibly triggering a consolidation phase. The latest correction Read more…
Market picture Bitcoin has lost 1.6% over the last 24 hours to $19,777 amid renewed pressure on risk-sensitive assets. BTC remains just under the critical $20K round level, where it got support for the past Read more…
Daily Pivots: (S1) 0.9963; (P) 0.9991; (R1) 1.0025; More… Intraday bias in EUR/USD stays mildly on the downside for retesting 0.9863 low. Firm break there will resume larger down trend. On the upside, break of Read more…
Daily Pivots: (S1) 1.1434; (P) 1.1495; (R1) 1.1529; More… Intraday bias in GBP/USD remains neutral first, with near term outlook staying bearish. On the downside, decisive break of 1.1404/9 will resume larger down trend. Next Read more…
Daily Pivots: (S1) 0.9568; (P) 0.9605; (R1) 0.9654; More Intraday bias in USD/CHF remains neutral at this point. On the upside, firm break of 4 hour 55 EMA (now at 0.9644) will target 0.9868 resistance Read more…