EUR/USD Yesterday’s trading session was marked with low volatility as the bears couldn’t gain enough momentum to continue the downward movement, and the pair found a strong support zone at around 0.9959. At the time Read more…
Markets Yesterday, markets entered calmer waters after the massive sell-off in both bonds and equities triggered by higher than expected US August inflation data published Tuesday. Yields moves were much more moderate compared to Tuesday. Read more…
WTI crude rallied after a slower increase in US inventories. From the daily chart’s perspective, sentiment remains downbeat after the price broke below the key support at 86.00. The bears may see bounces as opportunities Read more…
The New Zealand dollar recovers over upbeat Q2 GDP. The pair came under pressure near a former support (0.6160) over the 20-day moving average. The long bearish candle is a sign of capitulation as the Read more…
The pound bounces back as Britain’s core CPI stayed stubbornly high in August. The sharp decline came to a halt at the base of a previous bullish breakout at 1.1480. The RSI’s oversold condition attracted Read more…
Daily Pivots: (S1) 164.49; (P) 165.50; (R1) 166.25; More… Intraday bias in GBP/JPY stays neutral for the moment. On the upside, decisive break of 168.67 high will resume larger up trend. Next target is 100% Read more…
Daily Pivots: (S1) 141.95; (P) 143.21; (R1) 144.13; More…. EUR/JPY is staying in consolidation from 145.62 and intraday bias remains neutral first. Deeper pull back cannot be ruled out. But downside should be contained above Read more…
Daily Pivots: (S1) 0.8621; (P) 0.8652; (R1) 0.8679; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. On the upside, firm break of 0.8720 resistance will indicate resumption of whole rise from 0.8201. Read more…
Daily Pivots: (S1) 1.4722; (P) 1.4773; (R1) 1.4859; More… EUR/AUD edged higher to 1.4896 but quickly retreated. Intraday bias stays neutral first. On the upside, above 1.4896 will resume the rebound from 1.4281 short term Read more…
Daily Pivots: (S1) 0.9580; (P) 0.9605; (R1) 0.9627; More…. Intraday bias in EUR/CHF stays mildly on the downside for retesting 0.9550 low. Decisive break there will resume larger down trend. Next target is 61.8% projection Read more…