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Month: June 2024

Cryptocurrencies

Gold Price Gains Traction, Crude Oil Price Rises

Gold price started a fresh increase above $2,350. Crude oil is recovering and might rise toward the $78.40 resistance zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.63; (P) 199.28; (R1) 199.73; More…. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.03; (P) 169.66; (R1) 170.09; More…. Intraday bias in EUR/JPY stays neutral and outlook is unchanged. Current development suggests that rebound from 164.31 has completed at 170.81. Risk will stay on the Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8500; (P) 0.8512; (R1) 0.8526; More…. Sideway trading continues in EUR/GBP and intraday bias stays neutral. Further decline is expected as long as 55 D EMA (now at 0.8546) holds. Decisive break Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6288; (P) 1.6346; (R1) 1.6394; More…. Sideway trading continues in EUR/AUD and intraday bias stays neutral. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9672; (P) 0.9697; (R1) 0.9709; More…. No change in EUR/CHF’s outlook and intraday bias remains neutral at this point. On the upside, break of 0.9740 minor resistance will argue that pull back Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0867; (P) 1.0884; (R1) 1.0907; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. Further rally is expected as long as 1.0788 support holds. Break of 1.0915 Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2766; (P) 1.2788; (R1) 1.2812; More….. Intraday bias in GBP/USD remains neutral as range trading continues. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8874; (P) 0.8911; (R1) 0.8930; More…. Intraday bias in USD/CHF stays neutral with focus on 0.8883 fibonacci level. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will Read more…

By , 11 months ago June 7, 2024
Cryptocurrencies

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. Intraday bias in USD/JPY stays neutral for the moment and outlook is unchanged. Risk will stay on the downside as long as 157.70 resistance holds. Fall Read more…

By , 11 months ago June 7, 2024

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