Daily Pivots: (S1) 0.8710; (P) 0.8719; (R1) 0.8732; More…. Intraday bias in EUR/GBP stays neutral at this point. Consolidation from 0.8739 might still extend. But downside of retreat should be contained well above 0.8614 support Read more…
Daily Pivots: (S1) 1.6620; (P) 1.6689; (R1) 1.6819; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.6843 will resume the rebound from 1.6319. Firm break there will resume larger Read more…
Daily Pivots: (S1) 0.9458; (P) 0.9474; (R1) 0.9491; More… EUR/CHF is staying in sideway consolidation and intraday bias stays neutral. Outlook remains bearish with 0.9532 resistance intact. On the downside, decisive break of 0.9407 medium Read more…
The minor pull-back of Spot Gold (XAU/USD) from last Friday, 20 October high of US$1,997 may have ended on Tuesday, 24 October with an intraday low of US$1,953. Daily and 1-hour RSI indicators are showing Read more…
Short term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 7.28.2023 high is in progress as a diagonal structure. Down from 7.28.2023 high, wave 1 ended at 4344.75 and rally in wave Read more…
Markets US Treasuries went into full sell-off mode again, especially during yesterday’s US session. In absence of genuine market drivers, it proves that underlying bond sentiment is still bearish with any correction (eg on Fed Read more…
Market movers today Today’s main event is ECB meeting where the Governing Council is widely expected keep rates on hold. This would be the first time of no change in policy rate since June last Read more…
Daily Pivots: (S1) 0.6276; (P) 0.6338; (R1) 0.6371; More… AUD/USD’s break of 0.6284 support indicates resumption of whole decline from 0.7156. Intraday bias is back on the downside. Next target is 100% projection of 0.7156 Read more…
Daily Pivots: (S1) 1.3750; (P) 1.3780; (R1) 1.3829; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rise from 1.3091 should target a retest on 1.3976 high. Decisive break there will Read more…
Daily Pivots: (S1) 1.0552; (P) 1.0580; (R1) 1.0593; More… Intraday bias in EUR/USD stays neutral first. On the downside, break of 1.0522 support will confirm rejection by 55 D EMA, and retain near term bearishness. Read more…