Month: September 2022

Market picture Bitcoin was down 0.7% on Monday, ending at around $19,750. BTC had a quiet day, trading just below the round level $20K amid a US holiday that reduced trading activity. Ethereum continued to Read more…

EURJPY has been gaining ground in the short term after it managed to find its feet at the 133.40 region in early August. However, the pair is currently trading above its upper Bollinger band, suggesting Read more…

USD/TRY is in uptrend after a sharp drop back in 2021 which was seen as wave IV correction. Notice that recovery is now very strong back to new highs, which can be counted in an Read more…

Daily Pivots: (S1) 161.08; (P) 161.52; (R1) 162.37; More… Intraday bias in GBP/JPY is back on the upside with break of 163.91. Further rise should be seen to 166.31 resistance next. Firm break there will Read more…

Daily Pivots: (S1) 138.96; (P) 139.30; (R1) 139.91; More…. EUR/JPY’s rise from 133.38 resumed after brief consolidations. Intraday bias is back on the upside for 142.31 resistance first. Firm break there will argue that larger Read more…

Daily Pivots: (S1) 0.8606; (P) 0.8630; (R1) 0.8645; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, decisive break of 0.8720 high will carry larger bullish implications. Next target is 100% Read more…

Daily Pivots: (S1) 1.4565; (P) 1.4607; (R1) 1.4646; More… Intraday bias in EUR/AUD stays neutral first, but the strong support from 4 hour 55 EMA is a bullish sign. Break of 1.4738 will resume the Read more…

Daily Pivots: (S1) 0.9708; (P) 0.9733; (R1) 0.9753; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Corrective rise from 0.9550 might extend higher. But upside should be limited by 38.2% retracement of Read more…