Daily Pivots: (S1) 1.5509; (P) 1.5598; (R1) 1.5763; More… Intraday bias in EUR/AUD stays on the upside at this point. Current rally should target 161.8% projection of 1.4281 to 1.4965 from 1.4716 at 1.5823. On Read more…
Daily Pivots: (S1) 0.9749; (P) 0.9771; (R1) 0.9801; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, break of 0.9798 will target 61.8% projection of 0.9407 to 0.9798 from 0.9641 at Read more…
Market movers today We kick off the week with a thin key figures calendar. In the US, we get the Empire manufacturing PMIs. In Sweden, Moderate leader Ulf Kristersson will face the PM vote today Read more…
Daily Pivots: (S1) 0.9688; (P) 0.9748; (R1) 0.9789; More… Intraday bias in EUR/USD remains neutral for the moment. Deeper decline is expected with 0.9998 resistance intact. Below 0.9630 will bring retest of 0.9534 low first. Read more…
Daily Pivots: (S1) 1.1100; (P) 1.1233; (R1) 1.1314; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, break of 1.1494 will resume the rise from 1.0351 to 61.8% projection of 1.0351 Read more…
Daily Pivots: (S1) 0.9993; (P) 1.0029; (R1) 1.0094; More… Intraday bias in USD/CHF remains neutral for the moment. On the upside, break of 1.0072, and sustained trading above 1.0063, will confirm larger up trend resumption. Read more…
Daily Pivots: (S1) 147.59; (P) 148.23; (R1) 149.39; More… Intraday bias in USD/JPY stays on the upside for the moment. Current up trend would target 61.8% projection of 130.38 to 140.33 from 145.89 at 149.91. Read more…
Daily Pivots: (S1) 0.6206; (P) 0.6261; (R1) 0.6352; More… Intraday bias in AUD/USD remains neutral for the moment. Further decline is expected as long as 0.6362 support turned resistance holds. Firm break of 100% projection Read more…
The forex markets are rather steady in quiet Asian session today. Dollar is paring some gains while Euro and Yen are soft too. Sterling is leading the way higher, followed by commodity currencies. But overall, Read more…
USD/JPY: The current general bias for USDJPY on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Price has maintained its Read more…