Daily Pivots: (S1) 1.6510; (P) 1.6559; (R1) 1.6640; More… EUR/AUD rebounded strongly, but stays in range below 1.6671 and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that Read more…
Daily Pivots: (S1) 0.9532; (P) 0.9545; (R1) 0.9562; More… EUR/CHF’s rally is in progress for 0.9574 fibonacci resistance. Considering loss of momentum as seen in 4H MACD, upside could be limited there, at least on Read more…
The EUR/USD pair is trading close to 1.0821, demonstrating a strong stance in the current market environment. Investors are leaning towards riskier assets, buoyed by the anticipation of several key macroeconomic releases this week. A Read more…
Daily Pivots: (S1) 1.3490; (P) 1.3510; (R1) 1.3524; More… USD/CAD is staying in sideway trading below 1.3585 and intraday bias remains neutral. With 1.3357 support intact, further rally is expected. On the upside, break of Read more…
Daily Pivots: (S1) 0.6525; (P) 0.6546; (R1) 0.6561; More… Intraday bias in AUD/USD stays neutral at this point. While recovery from 0.6442 could extend higher, outlook will remain bearish as long as 0.6621 resistance holds. Read more…
Daily Pivots: (S1) 1.0823; (P) 1.0842; (R1) 1.0870; More… Intraday bias in EUR/USD remains neutral as range trading continues below 1.0887. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now Read more…
Daily Pivots: (S1) 1.2662; (P) 1.2681; (R1) 1.2704; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias Read more…
Daily Pivots: (S1) 0.8785; (P) 0.8803; (R1) 0.8819; More…. USD/CHF is extending the consolidation from 0.8884 and intraday bias stays neutral. With 0.8727 resistance turned support intact, further rally is expected. On the upside, above Read more…
Daily Pivots: (S1) 150.39; (P) 150.61; (R1) 150.94; More… USD/JPY retreats mildly ahead of 150.87 resistance as consolidation continues. Intraday bias remains neutral and outlook is unchanged. In case of deeper retreat, downside should be Read more…
Japanese Yen found modest strength in Asian session today, lifted by stronger than expected consumer inflation data from Japan. At the same time, two-year yield climbed to its highest point since 2011 while Nikkei is Read more…