Daily Pivots: (S1) 1.6482; (P) 1.6592; (R1) 1.6659; More… Further rise is expected in EUR/AUD with 1.6491 support intact. As noted before, corrective fall from 1.7062 should have completed with three waves down to 1.5998. Read more…
Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. EUR/CHF’s fall from 0.9928 resumed by breaking through 0.9476 support. Intraday bias is now on the downside. Further decline should be seen to 100% projection of Read more…
Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. Intraday bias in EUR/USD remains neutral for consolidation above 1.0797 temporary low. Further decline decline is expected with 1.0869 resistance intact. Sustained break of 55 D Read more…
Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… USD/JPY’s fall from 161.94 is still in progress and hit 148.66 fibonacci level already. Strong support could be seen from the current level, which is close Read more…
Daily Pivots: (S1) 1.2830; (P) 1.2847; (R1) 1.2873; More… GBP/USD’s fall from 1.3043 continues today despite slightly weak downside momentum as seen in 4H MACD. Decisive break of 55 D EMA (now at 1.2782) will Read more…
Daily Pivots: (S1) 0.8753; (P) 0.8797; (R1) 0.8823; More… USD/CHF’s decline from 0.9223 resumed by breaking 0.8776 and intraday bias is back on the downside. Deeper fall should be seen to 61.8% retracement of 0.8332 Read more…
Daily Pivots: (S1) 0.6496; (P) 0.6526; (R1) 0.6572; More… Intraday bias in AUD/USD is turned neutral first with current recovery, and some more consolidations would be seen above 0.6479. Further decline is expected as long Read more…
Late July and early August are packed with significant macroeconomic events. This week has already seen rate decisions from the Bank of Japan and the Federal Reserve, with the Bank of England meeting today and Read more…
Markets The Fed kept the policy rate unchanged yesterday at 5.25-5.5%. The new statement featured some important changes compared to the June one, which are seen as paving the way towards a first, September rate Read more…
Daily Pivots: (S1) 1.3777; (P) 1.3818; (R1) 1.3849; More… Intraday bias in USD/CAD remains neutral for the moment. Further rally is expected as long as 1.3796 support holds. Rise from 1.3176 should be resuming and Read more…