Daily Pivots: (S1) 1.3435; (P) 1.3459; (R1) 1.3503; More… Intraday bias in USD/CAD stays neutral as consolidation from 1.3540 is still extending. But further rally is expected as long as 1.3342 minor support holds. Fall Read more…
Daily Pivots: (S1) 0.6553; (P) 0.6584; (R1) 0.6600; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6524 is extending. But further decline is expected as long as 0.6639 support turned resistance holds. Firm Read more…
Daily Pivots: (S1) 1.0872; (P) 1.0891; (R1) 1.0902; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0843 is still extending. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will Read more…
Daily Pivots: (S1) 1.2686; (P) 1.2710; (R1) 1.2732; More… Intraday bias in GBP/USD remains neutral for the moment. Consolidation from 1.2826 could extend further. On the downside, break of 1.2595 support will target 1.2499 support. Read more…
Daily Pivots: (S1) 0.8671; (P) 0.8686; (R1) 0.8706; More…. No change in USD/CHF’s outlook and intraday bias remains neutral. Focus stays on 38.2% retracement of 0.9243 to 0.8332 at 0.8680, which coincides 55 D EMA Read more…
Daily Pivots: (S1) 147.71; (P) 148.03; (R1) 148.44; More… Intraday bias in USD/JPY remains neutral for the moment. Consolidation from 148.79 temporary top could extend further, and deeper retreat cannot be ruled out. But further Read more…
Yen weakened momentarily after BoJ left monetary policy unchanged as widely expected, but swiftly regained stability. This quick recovery underscores the market’s assessment that the conditions for a BoJ rate hike in April remain intact. Read more…
Short term Elliott Wave View in S&P 500 (SPX) suggests that rally to 4793.3 ended wave (3). Pullback in wave (4) is unfolding as a double three Elliott Wave structure. Down from wave (3), wave Read more…
DXY: The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to fall towards the intermediate support before resuming the uptrend towards the Read more…
BoJ let monetary policy unchanged as widely expected. The forecast for fiscal 2024 CPI core was downgraded, whereas fiscal 2025 CPI core forecast saw a slight upgrade. Notably, CPI core-core forecasts for fiscal 2024 and Read more…