NZDUSD is trading at a critical area ahead of the US CPI inflation data, challenging the resistance trendline, which connects all the highs from April’s peak at 0.6343, for the third consecutive day. May’s upturn Read more…
Daily Pivots: (S1) 170.12; (P) 170.42; (R1) 170.98; More… Intraday bias in GBP/JPY remains neutral as consolidation from 172.30 is still extending. Further rally is in favor with 167.95 resistance turned support intact. On the Read more…
Daily Pivots: (S1) 170.12; (P) 170.42; (R1) 170.98; More… Intraday bias in GBP/JPY remains neutral as consolidation from 172.30 is still extending. Further rally is in favor with 167.95 resistance turned support intact. On the Read more…
Daily Pivots: (S1) 1.2587; (P) 1.2613; (R1) 1.2648; More… GBP/USD is extending the consolidation from 1.2667 and intraday bias remains neutral. Near term outlook will stay bullish as long as 1.2434 support holds. Break of Read more…
Daily Pivots: (S1) 0.6744; (P) 0.6766; (R1) 0.6786; More… Intraday bias in AUD/USD is turned neutral with current retreat. On the upside, decisive break of 0.6804 resistance will indicate completion of whole fall from 0.7156, Read more…
Key Highlights Bitcoin price started a fresh decline below $29,000. BTC traded below a key contracting triangle with support at $28,200 on the 4-hour chart. EUR/USD failed to climb further higher and corrected gains. The Read more…
For the second month, the Dollar Index finds support from declines in the 101 area. Dollar bulls are defending critical levels in the major currency pairs, which could significantly increase the psychological pressure on the Read more…