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Month: October 2024

Cryptocurrencies

EURJPY Moves Within Consolidation Area

EURJPY struggles to drop beneath 38.2% Fibonacci MACD and RSI have weak momentum EURJPY has been developing within a trading range of 155.15-164.00 over the last couple of months, with strong resistance coming from the Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.26; (P) 194.38; (R1) 195.18; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.92; (P) 162.76; (R1) 163.35; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8357; (P) 0.8371; (R1) 0.8389; More… Intraday bias in EUR/GBP stays neutral at this point, and further decline is expected. On the downside, break of 0.8309 will resume larger down trend to Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6194; (P) 1.6247; (R1) 1.6279; More… Intraday bias in EUR/AUD stays neutral at this point. Another rise is in favor as long as 55 4H EMA (now at 1.6218) holds. Above 1.6351 Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9333; (P) 0.9377; (R1) 0.9408; More…. Intraday bias in EUR/CHF Remains neutral for the moment, as range trading continues. On the downside, break of 0.9332 will resume the fall from 0.9579 towards Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

USDCAD Extends Its Bullish Rally to New 2-month High

USDCAD completes 8 green days MACD and RSI indicate strong positive momentum USDCAD skyrocketed to another fresh two-month high of 1.3774 during yesterday’s session, adding more than 2.5% following the rebound from the double bottom Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

US Inflation Printed Hotter Than Expected and Contained Some Important Hawkish Details

Markets US September inflation printed hotter than expected and contained some important hawkish details such as rising food prices and accelerating supercore services inflation (to an annualized 3mMA of around 4%). Several Fed officials including Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3695; (P) 1.3735; (R1) 1.3782; More… Intraday bias in USD/CAD remains on the upside as rise from 1.3418 is in progress. Sustained trading above 61.8% retracement of 1.3946 to 1.3418 at 1.3559 Read more…

By , 2 years ago October 11, 2024
Cryptocurrencies

AUD/USD Daily Report

Daily Pivots: (S1) 0.6714; (P) 0.6728; (R1) 0.6755; More… Intraday bias in AUD/USD remains neutral for the moment. Further decline is expected as long as 0.6809 minor resistance holds. Below 0.6701 will resume the fall Read more…

By , 2 years ago October 11, 2024

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