Daily Pivots: (S1) 1.3885; (P) 1.3908; (R1) 1.3938; More… Intraday bias in USD/CAD remains on the upside as rally from 1.3418 is in progress for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger Read more…
Daily Pivots: (S1) 198.52; (P) 199.12; (R1) 200.20; More… GBP/JPY’s rally from 180.00 is in progress and intraday bias stays on the upside. Next target is a retest on 208.09 high. On the downside, below Read more…
Daily Pivots: (S1) 165.34; (P) 165.75; (R1) 166.35; More…. EUR/JPY’s rally from 155.14 is in progress and intraday bias stays on the upside for 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there Read more…
Daily Pivots: (S1) 0.9359; (P) 0.9373; (R1) 0.9398; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias remains neutral at this point. On the downside, break of 0.9332 will resume the fall Read more…
Daily Pivots: (S1) 0.8293; (P) 0.8320; (R1) 0.8340; More… EUR/GBP is still staying in range above 0.8295 after repeated rejection by 55 4H EMA and intraday bias remains neutral. Outlook stays bearish with 0.8433 resistance Read more…
Daily Pivots: (S1) 1.6431; (P) 1.6466; (R1) 1.6525; More… Intraday bias in EUR/AUD remains on the upside as rise from 1.6002 is extending. Current development suggest that fall from 1.7180 has completed with three waves Read more…
Australian Dollar’s misery continues today, firstly pressured by Q3 inflation data that showed encouraging progress on disinflation. This development has strengthened the case for RBA to keep interest rates unchanged at 4.35% in its upcoming Read more…
With the September quarter CPI data confirming that the disinflation remains on track and supply-side concerns easing, rate cuts from February still seem the most likely path for the RBA. Following today’s inflation data for Read more…
Key Highlights GBP/USD started a consolidation phase near the 1.2950 zone. A key bearish trend line is forming with resistance at 1.2990 on the 4-hour chart. Bitcoin climbed further above the $71,500 resistance. Gold traded Read more…
Australia’s Q3 CPI came in softer than anticipated, with consumer prices rising just 0.2% qoq, down from 1.0% qoq in Q2 and below expectations of 0.3% qoq. This marks the lowest quarterly increase since Q2 Read more…