Daily Pivots: (S1) 0.6327; (P) 0.6369; (R1) 0.6437; More… AUD/USD’s recovery form 0.6169 resumes after brief setback and intraday bias is back on the upside for 0.6539 resistance. Firm break there, and sustained trading above Read more…
Daily Pivots: (S1) 1.3556; (P) 1.3652; (R1) 1.3703; More… USD/CAD gyrates lower today as consolidation from 1.3976 extends. Intraday bias remains neutral first and further rise is in favor as long as 1.3501 support holds. Read more…
Daily Pivots: (S1) 0.9883; (P) 0.9905; (R1) 0.9937; More…. EUR/CHF’s rise from 0.9470 is still in progress and intraday bias stays on the upside. Next target is 100% projection of 0.9407 to 0.9798 from 0.9641 Read more…
Daily Pivots: (S1) 0.8648; (P) 0.8703; (R1) 0.8740; More… Intraday bias in EUR/GBP remains neutral and further decline is expected with 0.8869 resistance intact. On the downside, break of 0.8577 will resume the fall from Read more…
Daily Pivots: (S1) 1.5538; (P) 1.5600; (R1) 1.5651; More… Intraday bias in EUR/AUD stays neutral for the moment. On the upside, break of 1.5704 will resume the rally from 1.4281 to 161.8% projection of 1.4281 Read more…
Daily Pivots: (S1) 146.90; (P) 147.19; (R1) 147.75; More…. Range trading continues in EUR/JPY and intraday bias remains neutral. Deeper retreat could be seen but downside should be contained by 140.88/144.06 support zone to bring Read more…
Daily Pivots: (S1) 168.43; (P) 169.19; (R1) 170.53; More… GBP/JPY is staying below 170.07 and intraday bias remains neutral. But further rally is still in favor. Firm break of 170.07 will confirm up trend resumption. Read more…
Dollar was sold off overnight as stock markets extended rebound. But there is no clear downside breakout in the greenback yet. For now, Sterling is the strongest one for the week as political situation in Read more…
USD/JPY: The current general bias for USDJPY on the H4 chart is bullish. Overnight, price retraced downwards from the 1st resistance at 149.343 where the 161.8% Fibonacci line is located. If this bearish retracement continues, Read more…
Key Highlights AUD/USD is recovering losses and trading above 0.6350. It broke a key bearish trend line with resistance near 0.6380 on the 4-hours chart. EUR/USD is attempting a clear move above the 1.0000 resistance. Read more…