Daily Pivots: (S1) 1.6037; (P) 1.6050; (R1) 1.6067; More… EUR/AUD is staying in range above 1.5996 and intraday bias remains neutral. More consolidations could be seen but outlook will remain bearish as long as 1.6211 Read more…
Daily Pivots: (S1) 0.9714; (P) 0.9728; (R1) 0.9757; More…. EUR/CHF is staying in range below 0.9754 and intraday bias remains neutral for the moment. Further rally is expected with 0.9639 support intact. On the upside, Read more…
Daily Pivots: (S1) 1.0817; (P) 1.0824; (R1) 1.0838; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rally is in favor as long as 55 4H EMA (now at 1.0796) holds. On Read more…
Daily Pivots: (S1) 1.2800; (P) 1.2825; (R1) 1.2872; More… GBP/USD’s break of 1.2859 suggest that rise from 1.2298 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.2298 to 1.2859 from Read more…
Daily Pivots: (S1) 0.8973; (P) 0.8987; (R1) 0.9011; More… Intraday bias in USD/CHF remains neutral as range trading continues. As noted before, rebound from 0.8825 could have completed at 0.9049, after rejection by falling channel Read more…
Daily Pivots: (S1) 161.38; (P) 161.59; (R1) 161.93; More… Range trading continues in USD/JPY below 161.94 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of Read more…
Daily Pivots: (S1) 1.3604; (P) 1.3623; (R1) 1.3639; More… Intraday bias in USD/CAD remains neutral for the moment. Outlook is unchanged that corrective pattern from 1.3845 could extend. Break of 1.3589 will target 100% projection Read more…
UK GDP grew by 0.4% mom in May, surpassing expectations of 0.2% mom increase. The primary driver of this growth was a 0.3% mom rise in services output, which significantly contributed to the overall monthly Read more…
Daily Pivots: (S1) 0.6735; (P) 0.6744; (R1) 0.6755; More… Intraday bias in AUD/USD is back on the upside with breach of 0.6760 temporary top. Rise from 0.6361 is resuming and should target 61.8% projection of Read more…
Dollar weakened notably against Sterling and Aussie overnight, but held steady against other currencies. Market focus is now on the upcoming US consumer inflation data, with expectations of a slowdown in the headline CPI and Read more…