USDJPY gears up after 7-month low Recent sharp sell-off looks overdone Bulls hope for a close above 146.58 to continue higher USDJPY showed signs of life on Wednesday, forcefully bouncing above the 144.57 bar that Read more…
GBP/USD started a fresh decline from the 1.2860 resistance zone. EUR/GBP is rising and might climb above the 0.8620 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is showing bearish signs Read more…
Daily Pivots: (S1) 1.0903; (P) 1.0933; (R1) 1.0962; More….. Intraday bias in EUR/USD remains neutral as consolidation continues below 1.1007. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. Read more…
Daily Pivots: (S1) 143.21; (P) 144.79; (R1) 145.95; More… While USD/JPY’s recovery extends higher today, upside is still limited below 150.88 resistance. Intraday bias remains neutral and further decline remains in favor. On the downside, Read more…
Daily Pivots: (S1) 1.2642; (P) 1.2723; (R1) 1.2772; More… Intraday bias in GBP/USD remains on the upside at this point. Fall from 1.3043 is in progress for 1.2612 support. Decisive break there should confirm that Read more…
Daily Pivots: (S1) 0.8485; (P) 0.8529; (R1) 0.8556; More… Intraday bias in USD/CHF remains neutral as consolidation continues above 0.8431 low. While further recovery cannot be ruled out, upside should be limited by 0.8711 resistance Read more…
Daily Pivots: (S1) 0.6480; (P) 0.6511; (R1) 0.6549; More… AUD/USD is still capped by 0.6567 resistance and intraday bias remains neutral for the moment. Further fall is also in favor. On the downside, below 0.6472 Read more…
Daily Pivots: (S1) 1.3743; (P) 1.3799; (R1) 1.3842; More… USD/CAD’s break of 1.3786 support confirms short term topping at 1.3946, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for Read more…
Daily Pivots: (S1) 0.9268; (P) 0.9326; (R1) 0.9367; More…. Intraday bias in EUR/CHF remains neutral as consolidation continues above 0.9209. While stronger recovery cannot be ruled out, near term outlook will remain bearish as long Read more…
Daily Pivots: (S1) 0.8578; (P) 0.8597; (R1) 0.8632; More…. Intraday bias in EUR/GBP is turned neutral with 4H MACD crossed below signal line. Some consolidations would be seen below 0.8618 first. Downside should be contained Read more…