Daily Pivots: (S1) 1.0796; (P) 1.0818; (R1) 1.0853; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0886. Overall outlook will remain bullish as long as 1.0482 support holds. Break of 1.0886 will resume Read more…
Daily Pivots: (S1) 1.2337; (P) 1.2368; (R1) 1.2422; More… Intraday bias in GBP/USD is turned neutral with loss of upside momentum ahead of 1.2445 resistance. On the upside, decisive break of 1.2445 will confirm resumption Read more…
Daily Pivots: (S1) 0.9142; (P) 0.9166; (R1) 0.9184; More… Intraday bias in USD/CHF is turned neutral first with current recovery. But outlook remains bearish as long as 0.9407 resistance holds. Sustained break of 61.8% projection Read more…
Credit: Samsung Display/TheVerge Samsung Display has shown off a prototype screen for foldable phones that can fold both inwards and outwards. It’s called the Flex In & Out and comes with a new 360-degree water-drop Read more…
Daily Pivots: (S1) 127.13; (P) 129.35; (R1) 131.14; More… USD/JPY is staying in range above 127.20 and intraday bias remains neutral. Outlook remains bearish with 133.61 support turned resistance intact. Break of 127.20 will resume Read more…
Yen weakens broadly in Asian session despite data showing that inflation hit a four-decade high. Speculations on any BoJ move should cool for a while, given that there is no meeting until March. There is Read more…
Key insights from the week that was. This week’s data was broadly supportive of confidence, with the risks around inflation and therefore the policy outlook thought to have improved into the new year. Beginning in Read more…
USD/JPY: Looking at the Daily chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price is Read more…
Key Highlights USD/JPY started a fresh decline below the 130.00 zone. A major bearish trend line is forming with resistance near 131.00 on the 4-hours chart. EUR/USD could aim a fresh increase above the 1.0880 Read more…
Oil shows a bullish sequence from 12.10.2022 low favoring further upside. Rally from there is unfolding as a 5 waves impulse Elliott Wave structure. Up from 12.10.2022 low, wave 1 ended at 81.50 and pullback Read more…