Month: November 2024

Daily Pivots: (S1) 0.6600; (P) 0.6644; (R1) 0.6724; More… Intraday bias in AUD/USD remains on the upside as rebound from 0.6511 short term bottom is in progress. Sustained break of 55 D EMA (now at Read more…

Daily Pivots: (S1) 1.3819; (P) 1.3884; (R1) 1.3925; More… Intraday bias in USD/CAD remains neutral as range trading continues below 1..3958. On the downside break of 1.3822 will bring deeper pullback. But downside should be Read more…

Daily Pivots: (S1) 0.9390; (P) 0.9417; (R1) 0.9451; More…. EUR/CHF is still bounded in converging triangle and intraday bias remains neutral. On the upside, break of 0.9444 will turn intraday bias to the upside for Read more…

Daily Pivots: (S1) 0.8303; (P) 0.8322; (R1) 0.8336; More… Intraday bias in EUR/GBP stays neutral and outlook remains bearish with 0.8446 resistance intact. On the downside, break of 0.8294 low will resume larger down trend Read more…

Daily Pivots: (S1) 1.6107; (P) 1.6227; (R1) 1.6291; More… EUR/AUD’s fall from 1.6598 is in progress and intraday bias stays on the downside. Break of 1.6132 will target 1.5996 key support again. Strong support could Read more…

Daily Pivots: (S1) 198.08; (P) 198.82; (R1) 199.31; More… GBP/JPY dips notably today as consolidation from 199.79 extends. Intraday bias remains neutral first. Further rally is expected as long as 55 D EMA (now at Read more…

Daily Pivots: (S1) 164.80; (P) 165.39; (R1) 165.79; More…. EUR/JPY’s retreat from 166.67 extends lower today but stays above 164.25 minor support. Intraday bias remains neutral for the moment, and further rally is in favor. Read more…

Yen jumps broadly in Asian trading today, boosted by heightened government warnings against the recent selloff on the currency. Japanese Finance Minister Katsunobu Kato issued a strong statement addressing the “one-sided and drastic moves” in Read more…

Key insights from the week that was. Domestically, the main event was the RBA’s November policy meeting, where the Board decided once again to leave the cash rate unchanged at 4.35%. Communications on the day Read more…

Key Highlights USD/JPY started a fresh increase above the 153.50 resistance zone. A connecting bullish trend line is forming with support at 152.20 on the 4-hour chart. EUR/USD is attempting a recovery wave from the Read more…