Month: November 2022

Market movers today Today markets will zoom in on the FOMC meeting. It is too early to turn soft for the Fed, and we look for a 75bp hike and hawkish communication as further tightening Read more…

Daily Pivots: (S1) 169.47; (P) 170.22; (R1) 170.94; More… Intraday bias in GBP/JPY remains neutral for consolidation below 172.11. Downside of retreat should be contained above 164.95 support to bring another rally. Break of 172.11 Read more…

Daily Pivots: (S1) 145.87; (P) 146.49; (R1) 147.02; More…. EUR/JPY is extending the consolidation from 148.38 and intraday bias remains neutral. In case of deeper fall, downside should be contained 140.88/144.06 support zone to bring Read more…

Daily Pivots: (S1) 0.8590; (P) 0.8607; (R1) 0.8619; More… Near term outlook in EUR/GBP stays bearish with 0.8779 resistance intact. Current decline from 0.9267 should target 0.8201/8388 support zone. However, break of 0.8770 will turn Read more…

Daily Pivots: (S1) 1.5381; (P) 1.5435; (R1) 1.5503; More… Intraday bias in EUR/AUD stays neutral as consolidation from 1.5704 is in progress. Deeper decline cannot be ruled out. But downside should be contained by 55 Read more…

Daily Pivots: (S1) 0.9846; (P) 0.9884; (R1) 0.9916; More…. EUR/CHF is staying in consolidation from 0.9953 and intraday bias remains neutral. In case of deeper retreat, downside should be contained by 0.9798 support to bring Read more…

Daily Pivots: (S1) 1.3551; (P) 1.3610; (R1) 1.3689; More…. Intraday bias in USD/CAD stays neutral first. For now, further rally will remain in favor as long as 1.3501 support holds. On the upside, decisive break Read more…

Daily Pivots: (S1) 0.6359; (P) 0.6411; (R1) 0.6446; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6535 resistance, and sustained trading above 55 day EMA (now at Read more…

Daily Pivots: (S1) 0.9833; (P) 0.9894; (R1) 0.9934; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 0.9847 minor support holds. Break of 1.0092 will target Read more…

Daily Pivots: (S1) 1.1425; (P) 1.1495; (R1) 1.1553; More… GBP/USD is staying in consolidation from 1.1664 and intraday bias remains neutral for the moment. With 1.1256 minor support intact, further rally is expected. On the Read more…