Month: October 2023

Daily Pivots: (S1) 0.8958; (P) 0.8987; (R1) 0.9021; More…. In the bigger picture, as long as 55 D EMA (now at 0.8976) holds rise from 0.8551 is viewed as reversing whole down trend from 1.0146 Read more…

Daily Pivots: (S1) 149.63; (P) 149.79; (R1) 150.08; More… Intraday bias in USD/JPY remains neutral and range trading is still in progress. On the downside, below 148.24 minor support will turn bias to the downside Read more…

Daily Pivots: (S1) 0.6312; (P) 0.6352; (R1) 0.6377; More… Intraday bias in AUD/USD stays neutral for the moment, and outlook remains bearish with 0.6444 resistance intact. On the downside, decisive break of 0.6284 will confirm Read more…

Daily Pivots: (S1) 1.3649; (P) 1.3684; (R1) 1.3750; More…. USD/CAD’s rebound from 1.3568 resumed by breaking 1.3701 and intraday bias is back on the upside. Retest of 1.3784 resistance should be seen next. Break there Read more…

Daily Pivots: (S1) 0.9439; (P) 0.9483; (R1) 0.9518; More… EUR/CHF’s breach of 0.9455 indicates resumption of larger decline. Intraday bias is back on the downside. Current fall from 1.0095 should target 0.9407 medium term bottom. Read more…

Daily Pivots: (S1) 181.65; (P) 182.23; (R1) 182.61; More… Intraday bias in GBP/JPY remains neutral for the moment. The favored case is still that correction from 186.75 has completed at 178.02. Above 183.79 will resume Read more…

Daily Pivots: (S1) 157.59; (P) 158.07; (R1) 158.45; More…. Intraday bias in EUR/JPY stays neutral for the moment. Outlook is also unchanged that correction from 159.75 should have completed at 154.32. Above 158.60 will resume Read more…

Daily Pivots: (S1) 0.8664; (P) 0.8676; (R1) 0.8692; More…. Intraday bias in EUR/GBP stays neutral for the moment. On the upside, decisive break of 0.8700/4 resistance will resume the rebound from 0.8491, and carry larger Read more…

Market movers today A quiet day on the data front, with only US Philadelphia manufacturing index and weekly jobless claims due for release. Fed chair Powell will discuss economic outlook at the Economic Club of Read more…

Daily Pivots: (S1) 1.6574; (P) 1.6609; (R1) 1.6663; More… EUR/AUD’s rally from 1.6319 resumed by taking out 1.6704 and intraday bias is back on the upside. Outlook is unchanged that correction from 1.7062 should have Read more…