Short Term Elliott Wave View in Silver (XAGUSD) suggests cycle from 8.8.2024 low is in progress as a 5 waves impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 Read more…
Equity selloff in Europe and US extended on Thursday. Technology stocks suffered the biggest losses after Microsoft and Meta – which represent nearly 10% of the S&P500 index – were hit by a 6% and Read more…
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…