Month: January 2023

Daily Pivots: (S1) 1.5254; (P) 1.5291; (R1) 1.5325; More… EUR/AUD recovered after drawing support from 1.5271 support and intraday bias is turned neutral first. On the upside, firm break of 1.5425 will indicate short term Read more…

Daily Pivots: (S1) 0.9992; (P) 1.0015; (R1) 1.0035; More…. EUR/CHF recovered after hitting 0.9992 minor support and intraday bias remains neutral first. On the downside, break of 0.9986 minor support will turn bias back to Read more…

The Dax 40 steadies as investors eye the Fed and ECB duo’s decisions. On the daily chart, the index is still hovering in the February 2022 sell zone around 15240. The RSI’s double top in Read more…

The pound edges higher as traders expect hawkish dissent within the Monetary Policy Committee. On the daily chart, the pair is trying to hold on to its gains after clearing the supply zone 0.8820-0.8850. Regarding Read more…

Daily Pivots: (S1) 1.2354; (P) 1.2387; (R1) 1.2427; More… GBP/USD is still bounded in tight range below 1.2445 resistance and intraday bias stays neutral at this point. On the downside, firm break of 1.2252 minor Read more…

Daily Pivots: (S1) 1.0838; (P) 1.0869; (R1) 1.0900; More… Intraday bias in EUR/USD stays neutral first. With 1.0765 support intact, further rally remains in favor. One the upside, break of 1.0928 will resume larger rise Read more…

EURUSD is easing from last week’s the nine-month high of 1.0930, remaining within the upward sloping channel and well above the short-term simple moving averages (SMAs). Technically, the MACD oscillator is falling beneath its trigger Read more…