Daily Pivots: (S1) 0.8316; (P) 0.8339; (R1) 0.8352; More… EUR/GBP rebounds strongly today, but stays well inside 0.8309/8433 range. Intraday bias remains neutral for the moment, and further decline is still in favor. On the Read more…
Daily Pivots: (S1) 1.6207; (P) 1.6237; (R1) 1.6275; More… Intraday bias in EUR/AUD is turned neutral with current recovery. On the downside, below 1.6185 will bring deeper fall to retest 1.6002 low. On the upside, Read more…
Daily Pivots: (S1) 0.9375; (P) 0.9397; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral as it’s still bounded in converging range. On the upside, break of 0.9506 resistance should resume whole rebound from 0.9209 Read more…
NZDUSD hovers beneath 200-day SMA Stochastic and RSI maintain downside momentum NZDUSD has found strong resistance near the 200-day simple moving average (SMA) at 0.6090, diving towards the previous bottom of 0.6050. According to technical Read more…
Short Term Elliott Wave View in Nasdaq (NQ) suggests that the Index formed a 5 swing sequence since 8.5.2024 low. Since 5 swing Elliott Wave sequence is a motive sequence, it favors further upside. Up Read more…
Daily Pivots: (S1) 1.3750; (P) 1.3795; (R1) 1.3819; More… Intraday bias in USD/CAD is turned neutral first with current retreat. Some consolidations would be seen below 1.3837 temporary top. But downside should be contained above Read more…
Daily Pivots: (S1) 0.6690; (P) 0.6711; (R1) 0.6726; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6701 temporary low. Intraday bias is back on the downside for 0.6621 support. Decisive break there will pave Read more…
Markets Dutch chipmaker ASML sent shockwaves through the broader equity market yesterday. In its earnings report that it accidentally published one day ahead of schedule, Europe’s high-profile tech company cut the outlook for next year Read more…
Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML booked about half of the orders pencilled in by analysts last quarter as Read more…
Daily Pivots: (S1) 1.3039; (P) 1.3071; (R1) 1.3106; More… Immediate focus is now on 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) in GBP/USD as fall from 1.3433 short term top extends. Read more…