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Month: August 2024

Cryptocurrencies

Fed Chair Powell Ready to Loosen Monetary Policy

In focus today We will have a quiet start to the week on the data front. The most important release today is the German Ifo index. Consensus expectations is for a small decline, which in Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.01; (P) 191.02; (R1) 191.77; More… Intraday bias in GBP/JPY remains neutral for the moment, as range trading continues below 191.99. On the upside, above 191.99 will target 61.8% retracement of 208.09 Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.94; (P) 161.83; (R1) 162.44; More…. Intraday bias in EUR/JPY remains neutral as range trading continues below 163.86. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8450; (P) 0.8472; (R1) 0.8491; More…. EUR/GBP’s fall from 0.8624 is in progress and intraday bias stays on the downside. for retesting 0.8382 low. Decisive break there will resume larger down trend. Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6424; (P) 1.6503; (R1) 1.6549; More… Intraday bias in EUR/AUD stays neutral first. On the downside, sustained trading below 55 D EMA (now at 1.6432) will argue that rise from 1.5996 has Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9466; (P) 0.9482; (R1) 0.9505; More…. Intraday bias in EUR/CHF Remains neutral for the moment. On the upside, sustained break of 55 D EMA (now at 0.9573) will pave the way back Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1130; (P) 1.1165; (R1) 1.1229; More…. Intraday bias sin EUR/USD remains on the upside at this point. Current rally should target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3116; (P) 1.3174; (R1) 1.3276; More… Intraday bias in GBP/USD remains on the upside for the moment. Current up trend is in progress for 100% projection of 1.2298 to 1.3043 from 1.2664 Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8451; (P) 0.8497; (R1) 0.8522; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the Read more…

By , 2 years ago August 26, 2024
Cryptocurrencies

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.37; (P) 144.93; (R1) 145.81; More… Intraday bias in USD/JPY remains on the downside for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. Read more…

By , 2 years ago August 26, 2024

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