Daily Pivots: (S1) 1.6167; (P) 1.6241; (R1) 1.6295; More… Intraday bias in EUR/AUD stays mildly on the downside with 1.6315 minor resistance intact. Current fall is part of the whole decline from 1.7180 and should Read more…
Daily Pivots: (S1) 0.9401; (P) 0.9429; (R1) 0.9456; More…. Intraday bias in EUR/CHF remains neutral for the moment, and another rally is still in favor as long as 0.9305 support holds. On the upside, above Read more…
Daily Pivots: (S1) 1.3389; (P) 1.3473; (R1) 1.3515; More… USD/CAD’s break of 1.3439 support confirms resumption of whole fall from 1.3946. Intraday bias remains on the downside for 61.8% projection of 1.3946 to 1.3439 from Read more…
Daily Pivots: (S1) 0.6840; (P) 0.6866; (R1) 0.6919; More… Intraday bias in AUD/USD remains on upside at this point. Firm break of 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 will pave the Read more…
Daily Pivots: (S1) 142.67; (P) 143.67; (R1) 144.23; More… Further rally remains in favor in USD/JPY with 141.73 minor support intact, despite loss of upside momentum as seen in 4H MACD. Rebound from 139.57 short Read more…
Daily Pivots: (S1) 0.8413; (P) 0.8452; (R1) 0.8472; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.8374 will resume the fall Read more…
Daily Pivots: (S1) 1.3358; (P) 1.3387; (R1) 1.3442; More… GBP/USD’s rally continues today and hit as high as 1.3429 so far. Intraday bias stays on the upside for 100% projection of 1.2664 to 1.3265 from Read more…
Daily Pivots: (S1) 1.1128; (P) 1.1155; (R1) 1.1206; More…. Immediate focus is now on 1.1200 resistance as EUR/USD’s rebound from 1.1001 extends today. Break there will resume the rally from 1.0665 to retest 1.1274 high. Read more…
Dollar continued its broad-based weakness in Asian session, with selling pressure shifting towards European majors. EUR/USD is approaching its August high as the near-term rebound gathers momentum. This decline in the Dollar is partly attributed Read more…
Key Highlights Gold rallied to a new all-time high above the $2,660 level. A major bullish trend line is forming with support at $2,590 on the 4-hour chart. Oil prices might struggle to settle above Read more…