Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… Intraday bias in USD/CAD stays neutral at this point and some more consolidations could be seen. On the downside, break of 1.3176 will resume the fall Read more…
Daily Pivots: (S1) 140.58; (P) 141.25; (R1) 141.69; More… USD/JPY continues to lose downside momentum as seen in 4H MACD. But further decline will remain in favor as long as 142.84 minor resistance holds. Current Read more…
Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. USD/CHF is staying in consolidation from 0.8332 and intraday bias remains neutral at this point. Stronger recovery cannot be ruled out, but outlook will stay bearish Read more…
Daily Pivots: (S1) 1.2698; (P) 1.2735; (R1) 1.2770; More… GBP/USD is staying in consolidation from 1.2826 and intraday bias stays neutral at this point. With 1.2611 support intact, further rally is in favor. On the Read more…
DXY: The DXY (US Dollar Index) chart currently shows an overall bearish momentum. However, there is a potential for price to make a bullish rise towards the 1st resistance. The 1st resistance level at 101.46 Read more…
Daily Pivots: (S1) 1.1020; (P) 1.1052; (R1) 1.1070; More… EUR/USD’s retreat from 1.1138 extends lower today but stays well above 1.0929 support. Intraday bias remains neutral for the moment. Further rally is expected as long Read more…
Dollar gains modest ground in Asian session today, driven by mild risk-off sentiment. Mixed data emerging from China’s PMI manufacturing sector has cast a shadow over market sentiment, contributing to a tepid start in Hong Read more…
Key Highlights Bitcoin price started a fresh rally after rumors of spot ETF approval by today. BTC broke a major declining channel with resistance at $43,000 on the 4-hour chart. The price could continue higher Read more…
Bitcoin soars notably today, and breaks 45k mark for the first time in nearly two years, signaling a resurgence in its medium-term uptrend. The flagship cryptocurrency could be gathering momentum to extend its medium term Read more…
December brought mixed signals from China’s manufacturing sector, as indicated by two key indices: Caixin PMI and official NBS PMI. Caixin PMI Manufacturing slightly increased from 50.7 to 50.8, surpassing expectations of 50.4, suggesting a Read more…