Daily Pivots: (S1) 0.8685; (P) 0.8708; (R1) 0.8727; More…. EUR/GBP’s strong rally and break of 0.8754 confirms resumption of whole rise from 0.8491. Intraday bias is back on the upside. Next target is 61.8% projection Read more…
Daily Pivots: (S1) 1.6612; (P) 1.6688; (R1) 1.6738; More… EUR/AUD recovered quickly after dipping to 1.6631 and intraday bias remains neutral at this point. On the upside, sustained break of 1.6843 will resume the rebound Read more…
Daily Pivots: (S1) 0.9613; (P) 0.9644; (R1) 0.9665; More… A temporary top was formed at 0.9678 in EUR/CHF, ahead of 0.9691 resistance. Intraday bias is turned neutral first. Another rise is expected as long as Read more…
The euro (EUR) corrected throughout Wednesday and lost 0.3% after a substantial rise on Tuesday. Possible effects for traders Strong Retail Sales report and indications of easing inflation bolstered the U.S. dollar, contributing to beliefs Read more…
Markets US eco data yesterday ranged from lower-than-expected PPIs over a decent headline but underlying weak NY manufacturing index to above-consensus retail sales. In the end, markets focused mainly on the latter, allowing yields to Read more…
Daily Pivots: (S1) 1.0752; (P) 1.0820; (R1) 1.0947; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed below signal line. Some consolidations would be seen below 1.0886 temporary top first. Downside of Read more…
Daily Pivots: (S1) 1.2379; (P) 1.2441; (R1) 1.2477; More… Intraday bias in GBP/USD remains neutral for consolidations below 1.2504 temporary top. Downside should be contained by 55 4H EMA (now at 1.2311) to bring another Read more…
Daily Pivots: (S1) 0.8837; (P) 0.8933; (R1) 0.8988; More…. Intraday bias in USD/CHF stays on the downside at this point. Fall from 0.9243 is in progress and should target 100% projection of 0.9243 to 0.8886 Read more…
Daily Pivots: (S1) 150.49; (P) 150.95; (R1) 151.86; More… Intraday bias in USD/JPY stays neutral as range trading continues. Further rally is in favor as long as 149.17 support holds. On the upside, decisive break Read more…
Daily Pivots: (S1) 1.3655; (P) 1.3683; (R1) 1.3710; More… Intraday bias in USD/CAD is turned neutral first with current recovery. Overall outlook is unchanged that price actions from 1.3897 are developing into a consolidation pattern. Read more…