Daily Pivots: (S1) 190.54; (P) 191.15; (R1) 191.94; More….. GBP/JPY is extending consolidation below 193.51 and intraday bias remains neutral. Outlook will stay bullish as long as 187.94 support holds. On the upside, break of Read more…
Daily Pivots: (S1) 163.54; (P) 163.88; (R1) 164.43; More… EUR/JPY is staying in consolidation from 165.33 and intraday bias remains neutral. Downside of current retreat should be contained by 55 4H EMA (now at 163.41) Read more…
Daily Pivots: (S1) 0.8567; (P) 0.8576; (R1) 0.8586; More… Intraday bias in EUR/GBP is turned neutral with current retreat. But further rise will remain in favor as long as 0.8529 minor support holds. Rebound from Read more…
Daily Pivots: (S1) 1.6538; (P) 1.6569; (R1) 1.6602; More… Range trading continues in EUR/AUD and intraday bias remains neutral at this point. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. Read more…
Daily Pivots: (S1) 0.9710; (P) 0.9729; (R1) 0.9767; More.. EUR/CHF is staying below 0.9786 temporary top despite today’s recovery. Intraday bias remains neutral and more consolidations could be seen. but downside of retreat should be Read more…
Swiss Franc traded broadly lower in Asian session today, amidst a backdrop of general market inactivity with all other major pairs and crosses staying inside Monday’s range. Still, it remains to be seen whether the Read more…
DXY: Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a Bullish bounce off pivot and head towards 1st resistance Pivot: 104.16 Supporting reasons: Acts as an Overlap support and aligns Read more…
Key Highlights GBP/USD extended its decline below the 1.2650 support zone. A major bearish trend line is forming with resistance near 1.2720 on the 4-hour chart. EUR/USD could struggle near the 1.0850 and 1.0860 resistance Read more…
In March, Westpac Consumer Sentiment Index in Australia dropped by -1.8% mom to 84.4. This downturn is attributed to renewed concerns about the near-term economic outlook, with fears regarding inflation and interest rate hikes only Read more…
Commercial bankruptcies over the past year have been dominated by several major retailer Chapter 11 restructurings and Chapter 7 liquidations. Tuesday Morning, Bed Bath & Beyond and Rite Aid were among the top retailer bankruptcies Read more…