GBP/USD is gaining pace above the 1.2900 resistance. EUR/GBP declined and is now consolidating losses above the 0.8400 region. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase Read more…
Daily Pivots: (S1) 206.68; (P) 207.25; (R1) 208.34; More… GBP/JPY recovered after diving sharply to 203.82. While deeper fall could be seen, strong support should emerge from 38.2% retracement of 191.34 to 208.09 at 201.69 Read more…
Daily Pivots: (S1) 171.04; (P) 173.24; (R1) 174.90; More… EUR/JPY recovered after falling sharply to 171.50. While further decline might be seen, strong support is expected from 170.87 resistance turned support to bring rebound. That Read more…
Daily Pivots: (S1) 0.8407; (P) 0.8422; (R1) 0.8430; More…. Intraday bias in EUR/GBP remains on the downside at this point. Corrective recovery form 0.8396 should have completed at 0.8498 after rejection by 55 D EMA. Read more…
Daily Pivots: (S1) 1.6038; (P) 1.6062; (R1) 1.6101; More… EUR/AUD recovered ahead of 1.5996 low as consolidations continued. Intraday bias remains neutral first. Also, outlook stays bearish as long as 1.6211 support turned resistance holds. Read more…
Daily Pivots: (S1) 0.9717; (P) 0.9734; (R1) 0.9760; More…. Intraday bias in EUR/CHF remains neutral as consolidation continues below 0.9753. Another dip cannot be ruled out yet, but further rally is expected with 0.9639 support Read more…
Daily Pivots: (S1) 1.3599; (P) 1.3623; (R1) 1.3658; More… USD/CAD dipped to 1.3588 but recovered after hitting 1.3589 support. Intraday bias remains neutral first. Outlook is unchanged that corrective pattern from 1.3845 could extend. Break Read more…
Daily Pivots: (S1) 0.6736; (P) 0.6767; (R1) 0.6792; More… AUD/USD’s rally is in progress and intraday bias remains on the upside for 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there Read more…
I don’t know for the Federal Reserve (Fed) but investors definitely got to the evidence that inflation is on a right path to justify a Fed rate cut sooner rather than later yesterday after the Read more…
Daily Pivots: (S1) 1.0829; (P) 1.0864; (R1) 1.0904; More…. Intraday bias in EUR/USD remains on the upside for retesting 1.0915 resistance. Decisive break there will resume whole rally from 1.0601 and target 100% projection of Read more…