USD/JPY: Looking at the H4 chart, the current overall bias for USDJPY is bullish . To add confluence to this bias, the price is currently above the Ichimoku cloud which indicates a bullish market. Overnight, Read more…
Daily Pivots: (S1) 1.3722; (P) 1.3788; (R1) 1.3862; More… Intraday bias in USD/CAD stays on the upside with 1.3701 minor support intact. Current up trend should target 161.8% projection of 1.2005 to 1.2947 from 1.2401 Read more…
Daily Pivots: (S1) 0.6231; (P) 0.6289; (R1) 0.6329; More… Intraday bias in AUD/USD stays on the downside at this point as down trend is in progress. Next target is 100% projection of 0.7660 to 0.6680 Read more…
Daily Pivots: (S1) 145.56; (P) 145.73; (R1) 146.03; More… USD/JPY’s break of 145.89 confirms up trend resumption. Intraday bias is back on the upside for 147.68 long term resistance. On the downside, break of 145.41 Read more…
Daily Pivots: (S1) 0.9916; (P) 0.9969; (R1) 1.0021; More… Intraday bias in USD/CHF remains neutral first. While deeper retreat cannot be ruled out, break of 0.9779 support is needed to indicate short term topping. Otherwise, Read more…
Daily Pivots: (S1) 0.9660; (P) 0.9718; (R1) 0.9762; More… Despite some loss of downside momentum, intraday bias in EUR/USD stays mildly on the downside for retesting 0.9534 low. Firm break there will resume larger down Read more…
Daily Pivots: (S1) 1.0889; (P) 1.1035; (R1) 1.1116; More… GBP/USD’s fall from 1.1494 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.0351 low. On the upside, above 1.1178 minor resistance Read more…
Dollar is trying to extend recent rally again but buying is mostly seen against Yen and Sterling. The Yen finally broke out and fell to new 24-year low against the greenback, and it’s on track Read more…
Key Highlights Crude oil price started a fresh increase above the $85.50 and $88.00 resistance levels. A major bullish trend line is forming with support near $88.40 on the 4-hours chart. Gold price failed to Read more…
USD/JPY finally breaks through 145.89 resistance to resume up trend to new 24-year high. It’s on track towards 1998 high at 147.68. But there is not clear sign of imminent intervention by Japan yet. Finance Read more…