Daily Pivots: (S1) 194.75; (P) 196.83; (R1) 198.22; More… Intraday bias in GBP/JPY remains neutral for the moment. While pullback from 199.79 might extend lower, further rally would remain in favor as long as 55 Read more…
Daily Pivots: (S1) 164.72; (P) 165.71; (R1) 166.47; More…. Intraday bias in EUR/JPY stays neutral for consolidations below 166.67 temporary top. Further rally is in favor as long as 55 D EMA (now at 162.92) Read more…
Daily Pivots: (S1) 0.8378; (P) 0.8413; (R1) 0.8472; More… Immediate focus stays on 0.8433 resistance in EUR/GBP. Sustained break there will confirm short term bottoming at 0.8294. Further rally should be seen towards 0.8624 resistance Read more…
Daily Pivots: (S1) 1.6459; (P) 1.6501; (R1) 1.6561; More… EUR/AUD’s rally from 1.6002 resumed after brief consolidations. Intraday bias is back on the upside for 61.8% retracement of 1.7180 to 1.6002 at 1.6730 next. Sustained Read more…
Daily Pivots: (S1) 0.9380; (P) 0.9399; (R1) 0.9417; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.9332 will resume the fall Read more…
Daily Pivots: (S1) 1.3902; (P) 1.3923; (R1) 1.3956; More… Intraday bias in USD/CAD remains on the upside and further rise would be seen to retest 1.3946/76 resistance zone. Decisive break there will confirm larger up Read more…
Daily Pivots: (S1) 0.6553; (P) 0.6568; (R1) 0.6597; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen above 0.6536 temporary low. Further decline is expected as long as 55 D EMA Read more…
Daily Pivots: (S1) 151.39; (P) 152.49; (R1) 153.14; More… Intraday bias in USD/JPY remains neutral as consolidation from 153.87 is extending. Deeper retreat cannot be ruled out but further rally is expected as long as Read more…
Daily Pivots: (S1) 1.2830; (P) 1.2915; (R1) 1.2984; More… GBP/USD’s decline from 1.3433 resumed by breaking through 1.2906 temporary low. Intraday bias is back on the downside for 61.8% retracement of 1.2298 to 1.3433 at Read more…
Sterling has faced significant selling pressure as markets reacted negatively to the Labour government’s budget announcement. Some analysts draw comparisons to the free fall following former Prime Minister Liz Truss’s mini-budget two years ago. Yet, Read more…