Gold posts bullish days Prices find support at 20-day SMA MACD and RSI in positive areas Gold prices are skyrocketing to another fresh all-time high today around 2,589.40 with the next major obstacle coming from Read more…
Despite today’s public holiday in Japan, yen buyers remain active. As shown on the USD/JPY chart, today’s candle low has dropped below the psychological level of 140 yen per dollar. The last time this exchange Read more…
EUR/USD recovered after the ECB rate decision last week, when ECB cut rates as expected. But pair still rebounded as there were no surprises with cuts, so the focus shifted away from the ECB towards Read more…
Markets (US) eco data on Friday were few and mostly second tier. US August import and export price data were softer than expected. The Michigan consumer confidence was slightly better than expected (69 from 67.9). Read more…
Daily Pivots: (S1) 184.03; (P) 185.13; (R1) 185.88; More… Intraday bias in GBP/JPY remains neutral for the moment, and outlook will stay cautiously bearish as long as 189.72 resistance holds. Below 183.70 will resume the Read more…
Daily Pivots: (S1) 155.38; (P) 156.26; (R1) 156.90; More…. Intraday bias in EUR/JPY is back on the downside with breach of 155.45 temporary low. Fall from 163.86 is resuming to retest 154.40 low. Firm break Read more…
Daily Pivots: (S1) 0.8427; (P) 0.8440; (R1) 0.8453; More… Intraday bias in EUR/GBP remains neutral for the moment. Consolidation from 0.8399 is in progress and stronger recovery cannot be ruled out. But upside should be Read more…
Daily Pivots: (S1) 1.6467; (P) 1.6516; (R1) 1.6570; More… Intraday bias in EUR/AUD remains neutral for the moment. For now, the favored case remains that corrective fall from 1.7180 has completed at 1.6256 already. On Read more…
Daily Pivots: (S1) 0.9371; (P) 0.9404; (R1) 0.9437; More…. Intraday bias in EUR/CHF remains neutral for moment, and outlook stays bearish as long as 0.9444 resistance holds. On the downside, below 0.9305 will resume the Read more…
We are heading into a busy week with major central bank decisions. The Federal Reserve (Fed), the Bank of England (BoE) and the Bank of Japan (BoJ) will announce their latest policy verdicts this week. Read more…