Daily Pivots: (S1) 0.9402; (P) 0.9419; (R1) 0.9452; More…. In spite of all the volatility, EUR/CHF is still bounded in converging triangle and intraday bias stays neutral at this point. On the downside, break of Read more…
We’re on the cusp of the US election results. They’re starting to trickle in, pointing toward a more favourable outcome for the Republicans and Donald Trump. As a result, the so-called ‘Trump trade’ is in Read more…
In focus today Today, the US election dominates the spotlight as investors eagerly anticipate the final outcomes. At the time of writing, Trump has secured a victory in North Carolina and Georgia, with attention fixed Read more…
Daily Pivots: (S1) 1.3796; (P) 1.3851; (R1) 1.3880; More… USD/CAD rebounded stronger after dipping to 1.3822, but stays below 1.3958. Intraday bias remains neutral first. In case of another fall as consolidation from 1.3958 extends, Read more…
Daily Pivots: (S1) 0.6597; (P) 0.6620; (R1) 0.6660; More… Intraday in AUD/USD is back on the downside with breach of 0.6536 support. Fall from 0.6941 is resuming and sustained trading below 61.8% retracement of 0.6269 Read more…
Daily Pivots: (S1) 151.12; (P) 151.83; (R1) 152.32; More… USD/JPY’s rally from 139.57 resumed by breaking 153.87 resistance and intraday bias is back on the upside. Sustained trading above of 61.8% retracement of 161.94 to Read more…
Daily Pivots: (S1) 0.8616; (P) 0.8632; (R1) 0.8649; More… USD/CHF’s rise from 0.8374 resumed by breaking through 0.8710 and intraday bias is back on the upside. Sustained trading above 0.8710 will argue that fall from Read more…
Daily Pivots: (S1) 1.2979; (P) 1.3011; (R1) 1.3074; More… GBP/USD falls notably today but stays above 1.2842 temporary low. Intraday bias remains neutral at this point. Further decline is expected as long as 1.3047 resistance Read more…
Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s breach of 1.0760 indicates that corrective recovery from there has completed after rejection by 55 D EMA (now at 1.0939), and fall from 1.1213 is Read more…
Dollar rallied sharply today after news broke that Republican candidate Donald Trump defeated Democrat Kamala Harris in North Carolina, a crucial battleground state. This win is considered a pivotal move toward Trump’s return to office, Read more…