Daily Pivots: (S1) 1.3841; (P) 1.3866; (R1) 1.3899; More… USD/CAD’s rally continues today and intraday bias stays on the upside. Current rise from 1.3176 should target r 61.8% projection of 1.3176 to 1.3845 from 1.3588 Read more…
Daily Pivots: (S1) 0.6483; (P) 0.6515; (R1) 0.6543; More… AUD/USD’s fall from 0.6798 resumed by falling through 0.6479 temporary low and intraday bias is back on the downside. 0.6361 support is already breached but there Read more…
Daily Pivots: (S1) 1.0820; (P) 1.0873; (R1) 1.0965; More….. Intraday bias in EUR/USD remains on the upside for the moment. Decisive break of 1.0947 resistance will resume rise from 1.0665 and target 100% projection of Read more…
Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Intraday bias in GBP/USD remains neutral first and further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support Read more…
Daily Pivots: (S1) 0.8523; (P) 0.8631; (R1) 0.8689; More… USD/CHF’s decline accelerates lower today. There so no sign of bottoming yet, and intraday bias stays on the downside for retesting 0.8332 low. On the upside, Read more…
Daily Pivots: (S1) 145.40; (P) 147.59; (R1) 148.76; More… USD/JPY’s decline accelerates further to as low as 142.17 so far today There is no sign of bottoming yet. Intraday bias stays on the downside for Read more…
The global market turmoil showed no signs of easing as the week began, with Japanese stocks taking a severe hit during Asian session. Both the Nikkei 225 and Topix indices plunged by as much as Read more…
Key Highlights EUR/USD started a fresh increase from the 1.0775 support zone. It broke a key bearish trend line with resistance at 1.0820 on the 4-hour chart. GBP/USD is attempting to recover above the 1.2820 Read more…
Ethereum has taken a severe hit in the past few days, plunging over 20% since Friday as the global market downturn extends its reach into the cryptocurrency space. This steep decline is fueled by a Read more…
China’s Caixin PMI Services increased from 51.2 to 52.1 in July, surpassing the expected 51.4 and remaining in expansionary territory for the 19th consecutive month. Meanwhile, PMI Composite fell from 52.8 to 51.2, but still Read more…