GBP/USD is gaining pace above the 1.2640 resistance. EUR/GBP declined steadily below the 0.8565 and 0.8550 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase above Read more…
NZDUSD starts the day with strong upside momentum after RBNZ decision MACD and RSI tick higher NZDUSD had an aggressive bullish start at the beginning of the day, following the bounce off the 0.6080 support Read more…
Markets US Treasury and German yields both ended a fairly quiet trading day a few basis points lower. Fed’s Waller in a second speech yesterday said that he’d consider a rate cut at the end Read more…
Federal Reserve’s (Fed) Christopher Waller gave a C+ to the latest US inflation data, saying that it’s ‘far from failing but it’s not stellar’. Equity investors, however, continue giving the US stock indices a big, Read more…
Daily Pivots: (S1) 198.20; (P) 198.56; (R1) 198.84; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current rise from 191.34, as the second leg of the corrective pattern from 200.53, should Read more…
Daily Pivots: (S1) 169.18; (P) 169.56; (R1) 169.90; More… Further rally remains in favor in EUR/JPY despite loss of upside momentum. Rise form 164.01, as the second leg of the corrective pattern from 171.58, would Read more…
Daily Pivots: (S1) 0.8532; (P) 0.8542; (R1) 0.8549; More… EUR/GBP accelerates lower today and the break of 0.8529 support argues that larger down trend is ready to resume. Intraday bias stays on the downside for Read more…
Daily Pivots: (S1) 1.6248; (P) 1.6288; (R1) 1.6323; More… Intraday bias in EUR/AUD remains neutral, but further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline Read more…
Daily Pivots: (S1) 0.9873; (P) 0.9884; (R1) 0.9897; More…. Intraday bias in EUR/CHF is turned neutral first as it continued to lose upside momentum ahead of 61.8% projection of 0.9304 to 0.9847 from 0.9563 at Read more…
Daily Pivots: (S1) 1.2689; (P) 1.2708; (R1) 1.2729; More… GBP/USD’s rally from 1.2298 continues today and intraday bias stays on the upside. Further rally should be seen to 100% projection of 1.2298 to 1.2633 from Read more…