Month: February 2024

Daily Pivots: (S1) 149.47; (P) 150.02; (R1) 150.50; More… USD/JPY is extending the consolidation from 150.87 and intraday bias stays neutral. Downside of retreat should be contained by 148.79 resistance turned support to bring another Read more…

Daily Pivots: (S1) 0.6492; (P) 0.6511; (R1) 0.6544; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6442 is still extending. Outlook will stay bearish as long as 0.6621 resistance holds. Below 0.6442 will Read more…

Daily Pivots: (S1) 1.3435; (P) 1.3494; (R1) 1.3523; More… Intraday bias in USD/CAD is turned neutral with current retreat. Some consolidations would be seen, but further rally is expected as long as 1.3357 support holds. Read more…

GBP/USD is attempting a fresh increase from the 1.2535 zone. EUR/GBP is gaining pace and might extend its rally above the 0.8570 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is Read more…

Markets US eco data were too plenty yesterday to give a clear signal for trading. Markets initially singled out disappointing US retail sales, which declined more than expected in January (-0.8% M/M vs -0.2% M/M). Read more…

The S&P500 rebounded past the 5000 yesterday. This time, a mixed set of manufacturing data and a drop in US retail sales – which fell the most in almost a year – were brought forward Read more…

Daily Pivots: (S1) 0.8534; (P) 0.8552; (R1) 0.8568; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, break of 0.8497 will resume extend recent fall to 0.8464 projection level. Nevertheless, considering Read more…

Daily Pivots: (S1) 1.6484; (P) 1.6522; (R1) 1.6548; More… Intraday bias in EUR/AUD stays neutral and range trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 Read more…

Daily Pivots: (S1) 0.9464; (P) 0.9485; (R1) 0.9501; More… Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.9510. Downside of retreat should be contained by 0.9413 minor support to bring Read more…