Daily Pivots: (S1) 0.9684; (P) 0.9724; (R1) 0.9770; More… Intraday bias in EUR/CHF remains mildly on the downside for 38.2% retracement of 0.9252 to 0.9847 at 0.9620. But strong support is expected from there to Read more…
In focus today The key focus today will be the escalation of the Middle Eastern conflict following the Iranian strike on Israel and signals on the extent of Israeli retaliation, see more below. In the Read more…
Daily Pivots: (S1) 1.3708; (P) 1.3748; (R1) 1.3813; More… Intraday bias in USD/CAD remain son the upside at this point. Current rise from 1.3176 should target 100% projection of 1.3176 to 1.3540 from 1.3477 at Read more…
Daily Pivots: (S1) 0.6430; (P) 0.6488; (R1) 0.6520; More… Intraday bias in AUD/USD remains on the downside for 0.6442 support. Decisive break there confirm resumption of the fall from 0.6870 and target 61.8% projection of Read more…
Daily Pivots: (S1) 1.0599; (P) 1.0665; (R1) 1.0708; More… Intraday bias in EUR/USD remains on the downside at this point. Current is part of the decline from 1.1138. Next target is 100% projection of 1.1138 Read more…
Daily Pivots: (S1) 1.2396; (P) 1.2481; (R1) 1.2535; More… Intraday bias in GBP/USD remains on the downside at this point. Current fall from 1.2892 is in progress for 100% projection of 1.2892 to 1.2538 from Read more…
Risk appetite is better this Monday morning than it was last Friday when the world was bracing for the Iranian retaliation on Israel. Iran fired more than 300 drones and missiles on Israel on Saturday Read more…
Daily Pivots: (S1) 0.9105; (P) 0.9126; (R1) 0.9164; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9146 might extend. Further rally is expected as long as 0.8996 support holds. Above 0.9146 will target Read more…
Daily Pivots: (S1) 152.78; (P) 153.08; (R1) 153.58; More… Intraday bias in USD/JPY is back on the upside as USD/JPY’s up trend resumed through 153.37 temporary top. Further rally should be seen to 155.20 fibonacci Read more…
The forex markets are primarily focused on Yen’s continued broad-based decline as another trading week commences. In particular, the Japanese currency has now reached a new 34-year low against Dollar. Despite frequent official warnings and Read more…