Daily Pivots: (S1) 0.8648; (P) 0.8668; (R1) 0.8690; More… Intraday bias in EUR/GBP is turned neutral again as it recovered after brief dip to 0.8644. On the downside, firm break of 0.8644 will suggest that Read more…
Daily Pivots: (S1) 1.6132; (P) 1.6181; (R1) 1.6234; More.. Further decline could be seen in EUR/AUD with 1.6313 minor resistance holds. But considering bullish convergence condition in 4H MACD, stronger support could be seen from Read more…
Daily Pivots: (S1) 0.9121; (P) 0.9455; (R1) 0.9639; More… Intraday bias in EUR/CHF stays neutral for consolidation above 0.9252. While stronger recovery might be seen, further decline is expected as long as 0.9402 support turned Read more…
Daily Pivots: (S1) 1.3256; (P) 1.3295; (R1) 1.3361; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3176 short term bottom should extend to 38.2% retracement of 1.3897 to Read more…
Daily Pivots: (S1) 0.6731; (P) 0.6786; (R1) 0.6815; More… A short term top should be in place at 0.6870 in AUD/USD, on bearish divergence condition in 4H MACD, ahead of 0.6894 resistance. Intraday bias is Read more…
Daily Pivots: (S1) 141.13; (P) 141.67; (R1) 142.54; More… Intraday bias in USD/JPY remains neutral, and further decline is in favor as long as 142.84 minor resistance holds. Break of 140.25 will resume fall from Read more…
Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish Read more…
Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral as 1.0929 support stays intact. On the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 Read more…
In focus today Today’s centre of attention will be the US. At 16:00 CET, ISM manufacturing and JOLTs are released. Consensus points to a modest uptick in ISM, though some early indicators suggest a print Read more…
Medium-term uptrend phase from 26 October 2023 remains intact. 6240 is the potential bullish inflection level. Hourly RSI has flashed a bullish momentum breakout condition. The Kiwi (NZD/USD) has been oscillating within a medium-term uptrend Read more…