The forex markets have remained largely subdued in today’s Asian session, with most major currency pairs moving within a narrow range from yesterday. Investor sentiment stabilized overnight, with major US stock indexes closing higher. However, Read more…
Daily Pivots: (S1) 1.1016; (P) 1.1053; (R1) 1.1073; More…. Intraday bias in EUR/USD remains neutral at this point. Consolidation from 1.1200 could extend with deeper pull back, but downside should be contained by 38.2% retracement Read more…
Daily Pivots: (S1) 142.15; (P) 142.97; (R1) 144.00; More… Intraday bias in USD/JPY remains neutral for the moment. Further decline is expected as long as 147.20 resistance holds. On the downside, decisive break of 141.67 Read more…
Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of Read more…
Daily Pivots: (S1) 0.8449; (P) 0.8472; (R1) 0.8517; More… No change in USD/CHF’s outlook and intraday bias stays neutral. With 0.8356 resistance intact, further decline is expected. On the downside, break of 0.8374 will resume Read more…
Daily Pivots: (S1) 0.6643; (P) 0.6666; (R1) 0.6684; More… AUD/USD’s fall from 0.6823 short term top is still in progress and intraday bias stays on the downside. Decisive break of 38.2% retracement of 0.6348 to Read more…
Daily Pivots: (S1) 1.3544; (P) 1.3561; (R1) 1.3575; More… USD/CAD is extending consolidation form 1.3439 and intraday bias remains neutral. While stronger recovery cannot be ruled out, further decline will remain in favor as long Read more…
Daily Pivots: (S1) 186.36; (P) 187.24; (R1) 188.05; More… Intraday bias in GBP/JPY stays on the downside at this point, and fall from 193.45 is in progress for retest 180.00 low first. Break there will Read more…
Daily Pivots: (S1) 157.35; (P) 158.04; (R1) 158.66; More…. Intraday bias in EUR/JPY stays on the downside for the moment. Fall from 163.86 is in progress for retesting 154.40 low. Firm break there will resume Read more…
Daily Pivots: (S1) 0.8434; (P) 0.8440; (R1) 0.8448; More… EUR/GBP is still extending the consolidation from 0.8399 and intraday bias remains neutral. Further decline is expected with 0.8466 resistance intact. On the downside, below 0.8399 Read more…