Daily Pivots: (S1) 0.6432; (P) 0.6443; (R1) 0.6465; More… AUD/USD’s fall from 0.6941 is still in progress and intraday bias stays on the downside for 0.6348 support. Break there will target 0.6269 low next. Considering Read more…
Daily Pivots: (S1) 149.59; (P) 150.18; (R1) 150.71; More… USD/JPY is still bounded in consolidation above 148.64 and intraday bias stays neutral. On the downside, break of 148.64 will strengthen the case that rise from Read more…
Daily Pivots: (S1) 0.8821; (P) 0.8851; (R1) 0.8874; More… USD/CHF’ fall from 0.8956 resumed and the break of 0.8800 support suggests that deeper decline is underway. Intraday bias is back on the downside for 55 Read more…
Daily Pivots: (S1) 1.2712; (P) 1.2742; (R1) 1.2790; More… Intraday bias in GBP/USD remains on the upside at this point. Rebound from 1.2486 would target 55 D EMA (now at 1.2849). Strong resistance is expected Read more…
GBPJPY bounces off uptrend line Stochastic and RSI head higher GBPJPY has been moving higher over the last few days after the rebound from the support level around 188.00 and is currently trading near 192.00. This Read more…
Gold prices dipped below 2,620.00 USD per troy ounce on Friday, marking a second consecutive session of decline. The value of the precious metal continues to be influenced by developments in US economic indicators and Read more…
Daily Pivots: (S1) 1.0533; (P) 1.0562; (R1) 1.0615; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 1.0609 resistance will resume the rebound from 1.0330 to 55 D Read more…
Dollar steadied after yesterday’s selloff, recovering slightly as markets braced for the non-farm payroll report. Traders appear increasingly confident about a December rate cut, shifting the focus of today’s employment data toward its implications for Read more…
Markets Rassemblement National’s Le Pen in interview with Bloomberg caused a sigh of relief across markets. After supporting the motion of no confidence that brought down the Barnier government, she’s opened up to any new Read more…
Against all odds, yesterday ended up being a good day – at least for investors who have exposure to the French assets. The French government fell and the political uncertainty shifted to a higher gear Read more…