Daily Pivots: (S1) 1.3676; (P) 1.3709; (R1) 1.3757; More… Intraday bias in USD/CAD stays neutral at this point. On the upside, break of 1.3782 resistance will argue that correction from 1.3845 has completed with three Read more…
Daily Pivots: (S1) 0.6575; (P) 0.6610; (R1) 0.6632; More… Intraday bias in AUD/USD remains neutral and consolidations would continue below 0.6645. Further rise is in favor as long as 55 4H EMA (now at 0.6560) Read more…
Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 155.01; More… USD/JPY’s break of 55 4H EMA (now at 154.81) argues that pull back from 160.20 has completed at 151.86 already. Rebound from there is seen as Read more…
Daily Pivots: (S1) 0.9061; (P) 0.9078; (R1) 0.9100; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9005 is extending. Further decline is in favor as long as 55 4H EMA (now at 0.9099) Read more…
Daily Pivots: (S1) 1.0739; (P) 1.0764; (R1) 1.0779; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.0810. Further rally is expected as long as 55 4H EMA (now at Read more…
Short Term Elliott Wave View in Dow Futures (YM) suggests the Index ended wave (4) correction at 37473. The Index has now turned higher in wave (5). However, it still needs to break above the Read more…
Daily Pivots: (S1) 1.2481; (P) 1.2528; (R1) 1.2554; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations could be seen below 1.2633. Further rally is in favor with 1.2471 support Read more…
Dollar’s rebound gained some momentum in Asian session today on resurgence of risk aversion. Selloff in Japan was most notable where key industry leaders like Fast Retailing, Nintendo, and Toyota saw substantial declines. The sentiment Read more…
In comments made to the parliament today, BoJ Governor Kazuo Ueda underlined growing focus on the effects of currency movements rather than solely on wages, signaling a broadening perspective on economic influences. Ueda pointed out Read more…
Key Highlights Bitcoin price recovered above $63,500 but faced resistance at $65,500. BTC cleared a key bearish trend line at $63,250 on the 4-hour chart. Crude oil prices extended losses and declined below $78.80. Gold Read more…