Daily Pivots: (S1) 0.9111; (P) 0.9132; (R1) 0.9152; More…. USD/CHF is extending consolidation from 0.9151 and intraday bias stays neutral. Further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will Read more…
Daily Pivots: (S1) 0.6378; (P) 0.6413; (R1) 0.6437; More… Intraday bias remains on the downside for the moment. Current fall is part of the larger down trend and should target 61.8% projection of 0.6870 to Read more…
Daily Pivots: (S1) 1.3787; (P) 1.3816; (R1) 1.3859; More… Intraday bias in USD/CAD remains on the upside for the moment. Decisive break of 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841 will pave Read more…
Daily Pivots: (S1) 191.68; (P) 192.24; (R1) 192.84; More.. Intraday bias in GBP/JPY remains neutral as range trading continues. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Read more…
Daily Pivots: (S1) 163.77; (P) 164.22; (R1) 164.77; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance Read more…
Daily Pivots: (S1) 0.9666; (P) 0.9704; (R1) 0.9733; More… Intraday bias in EUR/CHF remains mildly on the downside. Correction from 0.9847 could extend to 38.2% retracement of 0.9252 to 0.9847 at 0.9620. But strong support Read more…
Daily Pivots: (S1) 1.6502; (P) 1.6560; (R1) 1.6648; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Rise from 1.6368 would target 1.6677 resistance next. Break there will confirm that correction Read more…
He said it. Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the Read more…
In focus today Today, focus is on the final inflation data for March in the euro area. We particularly look out for inflation components that reflect domestic demand as service inflation remained elevated in March. Read more…
Daily Pivots: (S1) 0.8533; (P) 0.8541; (R1) 0.8555; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has Read more…