EURUSD recorded a stunning rally last week, adding more than 2% so far and approaching the 1.0700 psychological mark, holding within the upward sloping channel. The technical indicators suggest that the market could be boosted Read more…
The Aussie Dollar started a fresh increase above the 0.6780 resistance against the US Dollar. The AUD/USD pair gained pace above 0.6840 to move into a positive zone. There was a move above a major Read more…
The Dow Jones 30 bounces as mixed US job data may temper the Fed’s hawkishness. The swings between 32500 and 33500 along the 30-day moving average showed a temporary equilibrium between supply and demand. A Read more…
The Canadian dollar surged after its labour market’s strong performance in December. Renewed selling pressure has driven the pair below the swing low at 1.3470 from the start of the year, which suggests a lack Read more…
The US dollar tanked after wage growth was slower than expected in December. The pair previously came under pressure near last June’s highs around 1.0750. A double top at 1.0710 capped the euro’s advance and Read more…
Daily Pivots: (S1) 159.03; (P) 159.52; (R1) 160.33; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 155.33 will resume the fall from 172.11 to 153.70 fibonacci level. Nevertheless, Read more…
Daily Pivots: (S1) 140.11; (P) 140.78; (R1) 141.32; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, break of 137.37 will resume the decline from 148.38 to 135.40 fibonacci level. However, Read more…
Daily Pivots: (S1) 0.8774; (P) 0.8822; (R1) 0.8847; More… Intraday bias in EUR/GBP stays neutral for the moment. Further rally is expected as long as 55 day EMA (now at 0.8724) holds. Break of 0.8876 Read more…
Daily Pivots: (S1) 1.5420; (P) 1.5516; (R1) 1.5573; More… EUR/AUD’s fall from 1.5976 resumed by breaking through 1.5414. Intraday bias is back on the downside for 38.2% retracement of 1.4281 to 1.5976 at 1.5329. Strong Read more…
Daily Pivots: (S1) 1.1924; (P) 1.2012; (R1) 1.2181; More… Intraday bias in GBP/USD remains mildly on the upside for the moment. Correction from 1.2445 could have completed after hitting 55 day EMA. Retest of 1.2445 Read more…