Daily Pivots: (S1) 163.67; (P) 165.48; (R1) 168.63; More… GBP/JPY’s rise from 148.93 resumed by breaking through 165.69 resistance. Intraday bias is back on the upside for 169.10 high. Decisive break there will confirm larger Read more…
Daily Pivots: (S1) 142.44; (P) 143.26; (R1) 144.77; More…. EUR/JPY’s rebound from 132.32 resumed by breaking 144.06 resistance. Intraday bias is back on the upside for retesting 145.62 high. Decisive break there will resume larger Read more…
Daily Pivots: (S1) 0.8570; (P) 0.8668; (R1) 0.8728; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current fall from 0.9267 should target 61.8% projection of 0.9267 to 0.8647 from 0.8869 at Read more…
Daily Pivots: (S1) 1.5415; (P) 1.5477; (R1) 1.5526; More… EUR/AUD retreated again after hitting 1.5638 and intraday bias is turned neutral. For now, further rally will remain in favor as long as 4 hour 55 Read more…
Daily Pivots: (S1) 0.9713; (P) 0.9752; (R1) 0.9828; More…. EUR/CHF rebounded notably but stays below 0.9798 resistance. Intraday bias remains neutral first. On the upside, above 0.9798 will resume the rebound to 0.9864 resistance. Firm Read more…
Market picture Bitcoin added a modest 1.2% on Thursday, but this subtle result hides the real roller coaster. Bitcoin was losing 5% intraday, coming close to $18K, but following the stock market, it not only Read more…
GBPJPY posted a bullish rally over the last couple of days, rebounding off the 159.70 barrier and surpassing the SMAs as well. The pair is flirting with the 167.00 round number with the technical oscillators confirming the recent Read more…
The S&P 500 shot up as a hot CPI reading had previously been priced in. The index has given up all previous gains after it came to a halt at 3800. The supply area may Read more…
Silver steadies as the greenback consolidates across the board. The price has been struggling to consolidate its latest gains after meeting strong selling interest in the supply zone around 21.00. The precious metal is at Read more…
The US dollar whipsawed as high inflation persisted in September. On the daily chart, the pair has taken a breather after the RSI went deeply into the oversold area. Sellers’ profit-taking would not be enough Read more…