Daily Pivots: (S1) 1.5435; (P) 1.5533; (R1) 1.5617; More… EUR/AUD is staying in consolidation from 1.5704 and intraday bias remains neutral. On the upside, break of 1.5704 will resume the rally from 1.4281 to 161.8% Read more…
Daily Pivots: (S1) 0.9911; (P) 0.9929; (R1) 0.9963; More…. Intraday bias in EUR/CHF remains on the upside for the moment. Current rise form 0.9407 should target 100% projection of 0.9407 to 0.9798 from 0.9641 at Read more…
Daily Pivots: (S1) 1.3492; (P) 1.3572; (R1) 1.3635; More…. USD/CAD is still staying in range of 1.3501/3976 and intraday bias remains neutral. As long as 1.3501 holds, further rise is still in favor. On the Read more…
Daily Pivots: (S1) 0.6410; (P) 0.6460; (R1) 0.6549; More… Intraday bias in AUD/USD remains mildly on the upside for 0.6539 resistance. Firm break there, and sustained trading above 55 day EMA (now at 0.6577), will Read more…
Daily Pivots: (S1) 145.62; (P) 147.01; (R1) 147.80; More… USD/JPY’s outlook is unchanged as consolidation from 151.93 is extending. Deeper fall might be seen but downside should be contained by 38.2% retracement of 130.38 to Read more…
Daily Pivots: (S1) 0.9822; (P) 0.9893; (R1) 0.9932; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Further rally will remain in favor as long as 0.9779 support holds. On the upside, break Read more…
Daily Pivots: (S1) 1.1495; (P) 1.1567; (R1) 1.1703; More… Intraday bias in GBP/USD remains on the upside for the moment. Break of 61.8% projection of 1.0351 to 1.1494 from 1.0922 at 1.1628 will extend the Read more…
AUDUSD has been showing improvement over the last couple of days, taking the market above the 20-day simple moving average (SMA). The MACD oscillator is rising above its trigger line in the negative region, while the RSI is Read more…
Daily Pivots: (S1) 0.9989; (P) 1.0039; (R1) 1.0134; More… Intraday bias in EUR/USD remains on the upside at this point. Rise from 0.9534 is in progress for 38.2% retracement of 1.1494 to 0.9534 at 1.0283. Read more…
Dollar remains broadly softer, and stays as the worst performer for the week. It’s partly dragged down by the pull back in treasury yields, with 10-year yield breaching 4% handle overnight. Canadian Dollar is the Read more…