Daily Pivots: (S1) 1.2494; (P) 1.2529; (R1) 1.2568; More… Intraday bias in GBP/USD stays on the upside at this point. Current rise from 1.2036 should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716 next. Read more…
Daily Pivots: (S1) 0.8820; (P) 0.8839; (R1) 0.8861; More…. Intraday bias in USD/CHF remains neutral as consolidation continues. Stronger recovery cannot be ruled out. But near term outlook will stay bearish as long as 0.8952 Read more…
Daily Pivots: (S1) 0.6540; (P) 0.6558; (R1) 0.6575; More… AUD/USD is extending the consolidation pattern from 0.6588 and intraday bias remains neutral. Downside of retreat should be contained above 0.6451 support to bring another rally. Read more…
Daily Pivots: (S1) 1.3661; (P) 1.3686; (R1) 1.3721; More… USD/CAD is still extending the sideway pattern from 1.3897 and intraday bias remains neutral. While another fall cannot be ruled out, downside should be contained by Read more…
Daily Pivots: (S1) 0.8684; (P) 0.8704; (R1) 0.8721; More…. Intraday bias in EUR/GBP stays neutral at this point. Another rally is still in favor with 0.8687 support holds. On the upside, break of 0.8764 will Read more…
Daily Pivots: (S1) 1.6601; (P) 1.6626; (R1) 1.6653; More… Intraday bias in EUR/AUD remains mildly on the downside for the moment. Deeper Deeper fall would be seen to 1.6449 support next. Firm break there will Read more…
Daily Pivots: (S1) 0.9627; (P) 0.9638; (R1) 0.9654; More… Intraday bias in EUR/CHF remains neutral at this point. On the upside, decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance Read more…
Daily Pivots: (S1) 186.64; (P) 187.12; (R1) 187.94; More… As long as 186.19 minor support holds, GBP/JPY’s rebound from 184.44 is still expected to continue to retest 188.26 high. Decisive break there will resume larger Read more…
Daily Pivots: (S1) 162.63; (P) 162.91; (R1) 163.38; More…. With 162.08 minor support intact, EUR/JPY’s rebound from 161.22 could extend further to retest 164.29 high. Firm break there will resume larger up trend. On the Read more…
Trading activity is rather subdued in Asian session today, with most major currency pairs and crosses hovering within yesterday’s range. Yen is showing a slight recovery, albeit in the context of mixed inflation and PMI Read more…