Daily Pivots: (S1) 1.3028; (P) 1.3074; (R1) 1.3137; More… GBP/USD’s firm break of 1.3043 confirms resumption of whole rally from 1.2998. Intraday bias stays on the upside for 61.8% projection of 1.2298 to 1.3043 from Read more…
Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF remains on the downside as fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from Read more…
Daily Pivots: (S1) 0.6730; (P) 0.6745; (R1) 0.6760; More… A temporary top should be in place at 0.6760 in AUD/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. Read more…
Daily Pivots: (S1) 1.3566; (P) 1.3604; (R1) 1.3631; More… Immediate focus is now on 1.3588 structural support as fall from 1.3946 extended. Strong support could be seen there to bring reversal. On the upside, above Read more…
Daily Pivots: (S1) 0.9475; (P) 0.9500; (R1) 0.9523; More…. EUR/CHF is staying in consolidation below 0.9579 and intraday bias remains neutral for the moment. Further rally is expected as long as 0.9448 support holds. Sustained Read more…
Daily Pivots: (S1) 188.92; (P) 190.21; (R1) 191.47; More… Range trading continues in GBP/JPY below 191.99 and intraday bias remains neutral. On the upside, above 191.99 will resume the rally from 180.00, and target 61.8% Read more…
Daily Pivots: (S1) 161.25; (P) 162.09; (R1) 162.82; More…. EUR/JPY is staying in consolidation below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will resume the rise from 154.40 and target Read more…
Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8507. For now, strong support is still expected from 55 D EMA (now at 0.8498), Read more…
Daily Pivots: (S1) 1.6489; (P) 1.6518; (R1) 1.6564; More… EUR/AUD recovered after failing to sustain below 1.6474 support, but stays below 1.6745 resistance. Intraday bias remains neutral first, and rise from 1.5996 is still in Read more…
Dollar extended its broad decline overnight following release of FOMC minutes, which confirmed that a vast majority of Fed members see a rate cut in September as appropriate. However, the market reaction was relatively muted, Read more…