The 7-week decline of -23% in WTI crude oil has started to stabilize in the last two days. The recent rebound of +8% from last Friday, 17 November low has been driven by anticipation of Read more…
Market picture Crypto market capitalisation fell 2.5% in 24 hours to $1.39 trillion, partially recovering from $1.35 trillion. The pressure on the market is due to the resignation of Binance’s CEO, who has been the Read more…
Daily Pivots: (S1) 184.99; (P) 185.55; (R1) 186.62; More… Intraday bias in GBP/JPY is back on the upside with break of 186.77 minor resistance. Retest of 188.26 high should be seen next. Decisive break there Read more…
Daily Pivots: (S1) 161.30; (P) 161.86; (R1) 162.48; More…. Intraday bias in EUR/JPY is back on the upside with break of 162.42 minor resistance. Retest of 164.29 resistance should be seen next. Firm break there Read more…
Daily Pivots: (S1) 0.8684; (P) 0.8720; (R1) 0.8738; More…. EUR/GBP is still holding above 0.8648 support despite current steep retreat. Intraday bias remains neutral first, and another rally is in favor. Break of 0.8764 will Read more…
Daily Pivots: (S1) 1.6613; (P) 1.6654; (R1) 1.6684; More… Intraday bias in EUR/AUD stays neutral first. On the downside, firm break of 1.6631 support will turn bias back to the downside for 1.6449 support. On Read more…
Daily Pivots: (S1) 0.9626; (P) 0.9656; (R1) 0.9670; More… Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations would be seen first. But further rally is in favor as long as 0.9620 Read more…
NZDUSD in the red today after recording a new higher high Bulls took advantage of the widespread USD underperformance The stochastic oscillator could turn bearish soon NZDUSD is edging lower, reacting to Tuesday’s 3-month high Read more…
USDJPY advances after it bottomed at 147.10 Momentum indicators suggest more gains in the near term A jump above 20- and 50-day SMAs would shift the bias back to bullish USDJPY stormed higher after posting Read more…
EUR/USD started a steady increase above the 1.0830 resistance. USD/CHF declined and now struggling below the 0.8900 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro rallied after it broke the 1.0830 resistance Read more…