The Australian dollar falls as risk appetite remains subdued across assets. The pair went into a free fall after it broke last summer’s lows near 0.6700. The bearish mood still prevails and may continue to Read more…
The US dollar edged higher after Fed officials reiterated the need to keep tightening. The pair has recouped most of the losses from a previous liquidation, which suggests solid buying interest at 140.50 along the Read more…
It would appear we’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the recovery we saw Read more…
Daily Pivots: (S1) 154.26; (P) 155.32; (R1) 156.49; More… Intraday bias in GBP/JPY stays neutral as consolidation from 148.93 is still in progress. For now, risk will stay on the downside as long as 160.64 Read more…
Daily Pivots: (S1) 138.52; (P) 139.03; (R1) 139.45; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, break of 137.32 will resume the decline from 145.62 to 133.38 key support next. Read more…
Daily Pivots: (S1) 0.9551; (P) 0.9610; (R1) 0.9652; More… EUR/USD’s decline resumed after brief recovery and intraday bias is back on the downside. Current down trend should target 161.8% projection of 1.0368 to 0.9863 from Read more…
Daily Pivots: (S1) 1.0645; (P) 1.0742; (R1) 1.0829; More… Intraday bias in GBP/USD remains neutral and more consolidation could be seen. While stronger recovery cannot be ruled out, upside should be limited by 4 hour Read more…
Daily Pivots: (S1) 0.9852; (P) 0.9912; (R1) 0.9975; More Intraday bias in USD/CHF stays neutral and more consolidations could be seen. In case of another retreat, downside should be contained by 4 hour 55 EMA Read more…
Daily Pivots: (S1) 144.29; (P) 144.60; (R1) 145.14; More… USD/JPY is still bounded in consolidation and intraday bias stays neutral. Further rally is expected as long as 139.37 resistance turned support holds. Break of 145.89 Read more…
Daily Pivots: (S1) 1.3651; (P) 1.3713; (R1) 1.3787; More… Intraday bias in USD/CAD stays on the upside for the moment. Current rally should target 161.8% projection of 1.2005 to 1.2947 from 1.2401 at 1.3925. Firm Read more…