EUR/USD edged higher in Asia / early Europe on Thursday, hinting that pullback from Monday’s spike high (1.1009) might be over. Signals of formation of a higher base at 1.0900 zone add to positive near-term Read more…
Daily Pivots: (S1) 1.0907; (P) 1.0922; (R1) 1.0938; More….. EUR/USD is extending the consolidation from 1.1007 and intraday bias remains neutral. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 Read more…
Daily Pivots: (S1) 1.2669; (P) 1.2703; (R1) 1.2726; More… Intraday bias in GBP/USD stays on the downside despite some loss of momentum. Fall from 1.3043 should continue to 1.2612 support. Decisive break there should confirm Read more…
Daily Pivots: (S1) 0.8530; (P) 0.8596; (R1) 0.8683; More… Intraday bias in USD/CHF remains neutral and further decline is expected with 0.8711 resistance intact. On the downside, below 0.8500 will bring retest of 0.8431 first. Read more…
Daily Pivots: (S1) 144.69; (P) 146.30; (R1) 148.31; More… Intraday bias in USD/JPY remains neutral an further decline is expected with 150.88 resistance intact. On the downside, below 144.04 minor support will bring retest of Read more…
EURJPY is hovering around the 159.64 level It is trading around 9% lower from its recent high Momentum indicators are mixed, all eyes on stochastics EURJPY is trading lower today, close to the 159.64 level Read more…
In August, the Japanese yen became one of the most popular instruments in the forex market. Following an unexpected rate hike by the Bank of Japan and weak labour market data from the US, the Read more…
Daily Pivots: (S1) 0.6494; (P) 0.6535; (R1) 0.6559; More… Intraday bias in AUD/USD remains neutral as rebound from 0.6348 is still struggling to extend through 0.6567 resistance decisively. On the downside, break of 0.6472 minor Read more…
Daily Pivots: (S1) 1.3722; (P) 1.3756; (R1) 1.3792; More… Intraday bias in USD/CAD remains on the downside as pullback from 1.3946 short term top extends. Sustained break of 55 D EMA (now at 1.3726) would Read more…
Daily Pivots: (S1) 183.47; (P) 185.78; (R1) 188.55; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook stays bearish as long as 190.48 resistance holds. On the downside, below 183.10 minor support will Read more…