Bears are taking a breather just above 2023 low (1.0483) following steep bearish acceleration in past six days (the pair was down 1.7%), as daily indicators fell deep in oversold territory, prompting traders to collect Read more…
As the chart shows, the day before yesterday, a barrel of WTI cost USD 87.87, but this morning, the price exceeded the level of USD 93. That is, the growth was more than 6% in Read more…
Daily Pivots: (S1) 181.10; (P) 181.39; (R1) 181.89; More… GBP/JPY is staying in consolidation above 180.78 and intraday bias stays neutral. With 183.34 resistance intact, further decline is expected. On the downside, break of 180.78 Read more…
Daily Pivots: (S1) 156.89; (P) 157.25; (R1) 157.55; More…. Intraday bias in EUR/JPY remains neutral as range trading continues. Risk stays on the downside with 158.64 resistance intact. On the downside, break of 156.57 support, Read more…
Daily Pivots: (S1) 1.6476; (P) 1.6528; (R1) 1.6586; More… Range trading continues in EUR/AUD and intraday bias stays neutral. Deeper decline is expected with 1.6793 resistance intact. On the downside, break of 1.6452 will resume Read more…
Daily Pivots: (S1) 0.8638; (P) 0.8670; (R1) 0.8688; More…. Intraday bias in EUR/GBP remains neutral for the moment. On the upside, decisive break of 0.8700 resistance will carry larger bullish implication and bring stronger rally Read more…
Daily Pivots: (S1) 0.9658; (P) 0.9676; (R1) 0.9694; More… Intraday bias in EUR/CHF is turned neutral again as it retreated again after edging higher to 0.9691. For now, further rally will stay in favor as Read more…
WTI futures climb to their highest level since August 2022 Advance shows no signs of easing so far, bulls eye crucial 100 psychological mark But RSI, stochastics and Bollinger bands point at overbought conditions WTI oil futures (November Read more…
Daily Pivots: (S1) 1.3480; (P) 1.3512; (R1) 1.3528; More…. Outlook in USD/CAD remains unchanged as consolidation from 1.3378 is in progress. Further decline remains mildly in favor. Break of 1.3378 will resume the fall from Read more…
Daily Pivots: (S1) 0.6320; (P) 0.6365; (R1) 0.6397; More… AUD/USD’s down trend from 0.7156 resumed by breaking through 0.6356 and intraday bias is back on the downside. Current fall should target 100% projection of 0.7156 Read more…