Daily Pivots: (S1) 0.9682; (P) 0.9710; (R1) 0.9728; More…. Intraday bias in EUR/CHF remains neutral at this point. On the upside, above 0.9798 will resume the rebound to 0.9864 resistance. Firm break there will solidify Read more…
Daily Pivots: (S1) 0.9745; (P) 0.9835; (R1) 0.9883; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, break of 0.9734 minor support will suggest rejection by 55 day EMA, and medium Read more…
Daily Pivots: (S1) 1.1054; (P) 1.1219; (R1) 1.1323; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, break of 1.1023 minor support will indicate that rebound from 1.0351 is over. Read more…
Daily Pivots: (S1) 0.9819; (P) 0.9867; (R1) 0.9952; More… Intraday bias in USD/CHF remains neutral for the moment. Consolidation from 0.9964 could extend but further rally is in favor as long as 0.9694 support holds. Read more…
Daily Pivots: (S1) 144.64; (P) 144.89; (R1) 145.39; More… Range trading continues in USD/JPY as consolidation form 145.89 extends. Intraday bias stays neutral and further rally is expected as long as 139.37 resistance turned support Read more…
Daily Pivots: (S1) 1.3518; (P) 1.3607; (R1) 1.3710; More… Intraday bias in USD/CAD stays neutral for the moment and consolidation from 1.3832 could extend further. On the upside, break of 1.3832 will resume larger up Read more…
On Wednesday the BOC (Bank of Canada) Governor Tiff Macklem delivered a speech titled “What’s happening to inflation and why it matters”. It was a hawkish speech which explained the key drivers behind inflationary forced Read more…
In this technical blog, we will look at the past performance of 1-hour Elliott Wave Charts of USDCAD. In which, the rally from 11 August 2022 high is unfolding as an impulse sequence and showed Read more…
Equities retreated, the US yields and the US dollar rebounded as more Federal Reserve (Fed) members threw hawkish comments to defend their fight against inflation. Neel Kashkari, who used to be a dovish Fed member Read more…
Market movers today Today’s highlight will be the US jobs report. Consensus is looking for some easing in employment growth (NFP +250k), but given the strength of the recent leading indicators, we continue to see Read more…