Daily Pivots: (S1) 0.8450; (P) 0.8464; (R1) 0.8476; More… EUR/GBP is still extending the consolidation pattern from 0.8396 and intraday bias stays neutral. Outlook will stay bearish as long as 0.8482 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.6090; (P) 1.6125; (R1) 1.6161; More… Intraday bias in EUR/AUD stays neutral at this point. Consolidation from 1.6026 could extend further, but upside should be limited by 1.6211 support turned resistance to Read more…
Daily Pivots: (S1) 0.9553; (P) 0.9574; (R1) 0.9606; More…. Intraday bias in EUR/CHF remains neutral for the moment and outlook is unchanged. Consolidation from 0.9476 could extend with stronger recovery. But outlook will remain bearish Read more…
Markets Fuss about potential Japanese FX interventions (USD/JPY 160) and more French political scenario’s dominated headlines yesterday, but failed to inspire trading. European risk sentiment improved with key indices rising by 0.5% to 1.5%. Safe Read more…
Daily Pivots: (S1) 1.3637; (P) 1.3672; (R1) 1.3695; More… USD/CAD’s extended fall from 1.3790 suggests that rebound form 1.3589 has completed. Corrective pattern from 1.3845 is now in the third leg. Intraday bias is back Read more…
Daily Pivots: (S1) 0.6633; (P) 0.6650; (R1) 0.6675; More… AUD/USD is still bounded in consolidation from 0.6713 and intraday bias stays neutral. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 Read more…
Daily Pivots: (S1) 1.0696; (P) 1.0721; (R1) 1.0760; More…. EUR/USD is extending the consolidations from 1.0667 and intraday bias stays neutral. Further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as Read more…
Daily Pivots: (S1) 1.2647; (P) 1.2672; (R1) 1.2712; More… Intraday bias in GBP/USD remains neutral for the moment. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below Read more…
Daily Pivots: (S1) 0.8919; (P) 0.8932; (R1) 0.8943; More…. USD/CHF is still bounded in consolidation from 0.8825 and intraday bias stays neutral at this point. Near term outlook remains bearish with 0.8992 resistance intact. Break Read more…
The selloff in Nvidia deepened yesterday and sent the shares into the correction territory following a 10% selloff. Nvidia shares erased around $430 bn in market cap over the past three sessions. The selloff hit Read more…