Daily Pivots: (S1) 1.0753; (P) 1.0772; (R1) 1.0789; More… Intraday bias in EUR/USD is turned neutral with current retreat and some consolidations would be seen. But further rally will be mildly in favor as long Read more…
Daily Pivots: (S1) 1.2535; (P) 1.2565; (R1) 1.2591; More… Intraday bias in GBP/USD is turned neutral with current retreat and some consolidations could be seen. Further rise remains in favor as long as 1.2471 support Read more…
Daily Pivots: (S1) 0.9043; (P) 0.9056; (R1) 0.9076; More…. Intraday bias in USD/CHF is turned neutral with current recovery and some consolidations could be seen. But risk will remain on the downside as long as Read more…
Daily Pivots: (S1) 153.12; (P) 153.57; (R1) 154.34; More… No change in USD/JPY’s outlook and intraday bias stays neutral. On the upside, firm break of 55 4H EMA (now at 154.81) will bring stronger rebound Read more…
Daily Pivots: (S1) 1.3643; (P) 1.3670; (R1) 1.3692; More… Intraday bias in USD/CAD stays neutral at this point. Further break of 1.3845 will resume larger rise from 1.3176 towards 1.3976 key resistance next. However, sustained Read more…
Daily Pivots: (S1) 0.6608; (P) 0.6623; (R1) 0.6642; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.6464 support holds. Read more…
In the aftermath of RBA’s decision to maintain interest rates unchanged and the absence of explicit hawkish signals, Australian Dollar weakens mildly. Despite notable upgrades in inflation forecasts, the central bank opted for a cautious Read more…
RBA left cash rate target unchanged at 4.35% as widely expected. The central bank maintained that it’s “not ruling anything in or out” regarding the next move in monetary policy because of uncertainty surround inflation Read more…
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains high Read more…
Key Highlights GBP/USD started a recovery wave above the 1.2500 resistance. A connecting bullish trend line is forming with support at 1.2500 on the 4-hour chart. Gold prices are attempting a fresh increase above the Read more…