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Month: May 2024

Cryptocurrencies

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2468; (P) 1.2497; (R1) 1.2525; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further rally is in favor with 1.2471 support intact. On the upside, above 1.2633 will resume Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9071; (P) 0.9083; (R1) 0.9093; More…. Intraday bias in USD/CHF stays neutral at this point. Further decline is in favor as long as 55 4H EMA (now at 0.9096) holds. On the Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

AUD/USD Daily Report

Daily Pivots: (S1) 0.6557; (P) 0.6580; (R1) 0.6602; More… Intraday bias in AUD/USD remains neutral at this point. Further rise is in favor as long as 55 4H EMA (now at 0.6562) holds. Above 0.6645 Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3704; (P) 1.3733; (R1) 1.3752; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. On the upside, break of 1.3782 resistance will argue that correction from 1.3845 has completed with Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9751; (P) 0.9762; (R1) 0.9772; More… EUR/CHF is staying in consolidation above 0.9728 temporary low and intraday bias remains neutral. Outlook is unchanged that fall from 0.9835 is seen as the third Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8587; (P) 0.8603; (R1) 0.8615; More… Intraday bias in EUR/GBP remains mildly on the upside for 0.8643 resistance. Firm break there will resume the choppy rebound from 0.8497 low. On the downside, Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6280; (P) 1.6332; (R1) 1.6388; More… Intraday bias in EUR/AUD stays neutral for the moment as consolidation from 1.6216 is still extending. Further decline is expected as long as 1.6494 resistance holds. Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 166.47; (P) 166.91; (R1) 167.63; More… Intraday bias in EUR/JPY remains mildly on the upside at this point. Rebound from 164.01 is seen as the second leg of the corrective pattern from Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

Elliott Wave Analysis on USDJPY Recovery Post BOJ Intervention

USDJPY has been in a roller coaster in the last few weeks due to the Bank of Japan (BOJ) Intervention. In this article, we will look at the short term Elliott Wave path for the Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

When Will BoE Cut?

Stocks on this side of the Atlantic Ocean are better bid these days than their American peers thanks to a combination of too-lofty valuations in the US, good corporate earnings from European companies and the Read more…

By , 1 year ago May 9, 2024

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