Daily Pivots: (S1) 0.8532; (P) 0.8546; (R1) 0.8555; More… Range trading continues in EUR/GBP and intraday bias remains neutral. On the downside, decisive break of 0.8491/7 support zone will confirm larger down trend resumption and Read more…
Daily Pivots: (S1) 1.6558; (P) 1.6607; (R1) 1.6634; More… EUR/AUD reversed after hitting 1.6677 and intraday bias is turned neutral first. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On Read more…
Daily Pivots: (S1) 0.9656; (P) 0.9672; (R1) 0.9703; More.. Intraday bias in EUR/CHF stays on the upside with focus on 0.9683 resistance. Sustained break there will carry larger bullish implication and target 0.9773 fibonacci resistance. Read more…
Daily Pivots: (S1) 1.0864; (P) 1.0894; (R1) 1.0951; More… EUR/USD’s strong rebound and break of 1.0905 resistance suggests that pull back from 1.0980 has completed at 1.0834, after drawing support from 55 D EMA. Intraday Read more…
Daily Pivots: (S1) 1.2718; (P) 1.2753; (R1) 1.2820; More… GBP/USD’s rebound from 1.2666 extended higher but stays below 1.2822. Intraday bias remains neutral first. On the downside, break of 1.2666 support and sustained break of Read more…
Daily Pivots: (S1) 0.8846; (P) 0.8882; (R1) 0.8905; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. Some consolidations would be seen, but further rally is expected as long as 0.8728 support Read more…
Daily Pivots: (S1) 150.71; (P) 151.26; (R1) 151.80; More… Intraday bias in USD/JPY is turned neutral with current retreat, and some consolidations would be seen below 151.82. Further rise is expected as long as 55 Read more…
Daily Pivots: (S1) 1.3448; (P) 1.3527; (R1) 1.3572; More… USD/CAD reversed after edging higher to 1.3612, but stays above 1.3419 support. Intraday bias remains neutral first. On the downside, firm break of 1.3419 support will Read more…
Daily Pivots: (S1) 0.6537; (P) 0.6562; (R1) 0.6612; More… AUD/USD’s strong rebound suggests that fall from 0.6666 has completed at 0.6503 already. But upside is kept below this resistance for now and intraday bias stays Read more…
Dollar took a nosedive overnight as investors were apparently relieved that Fed is still on track to cut interest rates three times this year. The odds for a June cut as indicated by fed fund Read more…