EURJPY is meeting the 20-day simple moving average (SMA) after several days of hovering within the short-term SMAs. In the broader outlook, the market is still moving above the long-term ascending trend line, endorsing the Read more…
Markets The by far most eyepopping market move yesterday happened in oil. Prices whipsawed with swings of more than 6% on reports which were later denied that OPEC would consider a 500k production increase in Read more…
Daily Pivots: (S1) 0.9795; (P) 0.9827; (R1) 0.9855; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, firm break of 0.9953 resistance will resume larger rally from 0.9407 to 1.0072 fibonacci Read more…
Daily Pivots: (S1) 0.8648; (P) 0.8673; (R1) 0.8687; More… Intraday bias in EUR/GBP stays mildly on the downside at this point, for retesting 0.8570 support. Firm break there will resume whole decline from 0.9267. On Read more…
Daily Pivots: (S1) 1.5450; (P) 1.5499; (R1) 1.5552; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Consolidation from 1.5704 could extend and another fall cannot be ruled out. But downside should be Read more…
Daily Pivots: (S1) 144.69; (P) 145.17; (R1) 146.00; More…. Intraday bias in EUR/JPY stays neutral and outlook is unchanged. Correction from 148.38 might have completed at 142.54. Break of 147.09 resistance will indicate that larger Read more…
Daily Pivots: (S1) 166.73; (P) 167.38; (R1) 168.64; More… GBP/JPY’s rebound from 163.02 is still in progress and intraday bias stays on the upside. Correction from 172.11 might have completed at 163.20, after hitting 38.2% Read more…
Daily Pivots: (S1) 1.3385; (P) 1.3440; (R1) 1.3507; More…. USD/CAD is holding below 1.3494 support turned resistance and intraday bias stays neutral. On the upside, firm break of 1.3494 will indicate that correction from 1.3976 Read more…
Daily Pivots: (S1) 0.6566; (P) 0.6625; (R1) 0.6664; More… AUD/USD is holding above 0.6521 resistance turned support even as retreat from 0.6796 extends. Intraday bias remains neutral and further rally is in favor. On the Read more…
Daily Pivots: (S1) 140.77; (P) 141.51; (R1) 142.86; More… USD/JPY is still bounded in range of 137.66/142.45 and intraday bias remains neutral first. On the downside, break of 137.66 will resume the decline from 151.93, Read more…