Gold advances sharply in the past few sessions Extends its streak of new all-time highs Momentum indicators suggest overbought conditions Gold has experienced a massive surge following its profound break above the 50-day simple moving average (SMA) Read more…
EURUSD trades sideways in anticipation of this week’s key market events It remains below the various simple moving averages employed Momentum indicators support the current bearish move EURUSD is moving sideways today amidst a quieter Read more…
Daily Pivots: (S1) 1.0772; (P) 1.0789; (R1) 1.0810; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.0980 should target 1.0694 support first. Break there will resume the whole decline Read more…
Daily Pivots: (S1) 151.18; (P) 151.34; (R1) 151.51; More… Intraday bias in USD/JPY remains neutral as range trading continues below 151.96. On the downside, break of 150.25 support should confirm short term topping, and turn Read more…
Daily Pivots: (S1) 1.2608; (P) 1.2626; (R1) 1.2643; More… Intraday bias in GBP/USD remains neutral as range trading continues. Risk stays on the downside as long as 1.2666 support turned resistance. Below 1.2574 will resume Read more…
Daily Pivots: (S1) 0.9007; (P) 0.9018; (R1) 0.9029; More…. Intraday bias in USD/CHF remains neutral at this point. Some more consolidations could be seen, but further rally is expected as long as 0.8964 support holds. Read more…
Daily Pivots: (S1) 0.6502; (P) 0.6517; (R1) 0.6530; More…. AUD/USD recovered after dipping to 0.6484 and intraday bias is neutral at this point. Risk will remain on the downside as long as 0.6633 resistance holds. Read more…
Daily Pivots: (S1) 1.3528; (P) 1.3545; (R1) 1.3560; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 Read more…
Daily Pivots: (S1) 0.9716; (P) 0.9727; (R1) 0.9746; More… Intraday bias in EUR/CHF is turned neutral first with current retreat. Another rally is expected as long 0.9689 support holds. On the upside, above 0.9818 will Read more…
Daily Pivots: (S1) 0.8534; (P) 0.8544; (R1) 0.8559; More… Intraday bias in EUR/GBP stays 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…