GBP/USD is struggling below the 1.2235 resistance zone. EUR/GBP is rising and might climb above the 0.8675 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is showing bearish signs below 1.2235 Read more…
The US 500 cash index is moving sideways again today The index bounced off the October 13, 2022 trendline The momentum indicators could signal a reversal soon The US 500 cash index is trading sideways Read more…
Daily Pivots: (S1) 181.76; (P) 182.40; (R1) 182.90; More… Intraday bias in GBP/JPY remains neutral for the moment. Deeper decline is expected as long as 183.34 resistance holds. On the downside, break of 180.78 will Read more…
Daily Pivots: (S1) 157.44; (P) 157.89; (R1) 158.38; More…. Intraday bias in EUR/JPY remains neutral as range trading continues. Deeper decline will remain in favor as long as 158.64 resistance holds. On the downside, break Read more…
Daily Pivots: (S1) 0.8645; (P) 0.8662; (R1) 0.8683; More…. Range trading continues in EUR/GBP and intraday bias stays neutral at this point. On the upside, decisive break of 0.8700 resistance will carry larger bullish implication Read more…
Daily Pivots: (S1) 1.6352; (P) 1.6403; (R1) 1.6485; More… Intraday bias in EUR/AUD is turned neutral with current recovery. But further decline is expected with 1.6650 resistance intact. On the downside, break of 1.6319 will Read more…
Daily Pivots: (S1) 0.9650; (P) 0.9671; (R1) 0.9698; More… Intraday bias in EUR/CHF stays neutral as consolidation from 0.9691 is still extending. Further rally is expected as long as 0.9617 support holds. Above 0.9691 will Read more…
Markets Markets entered a consolidation phase last Friday following exhaustion moves earlier in the week. For core bonds it meant an end to a fierce sell-off with EMU September inflation numbers (0.3% M/M & 4.3% Read more…
Daily Pivots: (S1) 1.3470; (P) 1.3527; (R1) 1.3638; More…. Intraday bias in USD/CAD stays mildly on the upside for retesting 1.3693. Strong resistance could be seen there to limit upside on first attempt. On the Read more…
Daily Pivots: (S1) 0.6401; (P) 0.6451; (R1) 0.6486; More… Intraday bias in AUD/USD remains neutral for the moment as range trading continues. As long as 0.6510 resistance holds, near term outlook stays bearish. On the Read more…