Daily Pivots: (S1) 0.9450; (P) 0.9479; (R1) 0.9516; More…. Intraday bias in EUR/CHF stays neutral first. On the upside, firm break of 0.9516 will resume whole rally from 0.9204. Nevertheless, below 09441 minor support will Read more…
Daily Pivots: (S1) 1.4263; (P) 1.4303; (R1) 1.4350; More… Intraday bias USD/CAD remains neutral for the moment. On the downside, sustained break of 1.4260 cluster support (38.2% retracement of 1.3418 to 1.4791 at 1.4267) will Read more…
Daily Pivots: (S1) 0.6240; (P) 0.6275; (R1) 0.6315; More… Intraday bias in AUD/USD stays neutral. With 0.6329 resistance intact, outlook will stay bearish. On the downside, break of 0.6239 minor support will turn bias back Read more…
Daily Pivots: (S1) 152.92; (P) 153.86; (R1) 155.35; More… Intraday bias in USD/JPY stays on the upside at this point. Corrective pull back from 158.86 should have completed at 150.92 after drawing support from 38.2% Read more…
Daily Pivots: (S1) 0.9107; (P) 0.9132; (R1) 0.9160; More… USD/CHF is still extending the consolidation from 0.9200 and intraday bias remains neutral. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break Read more…
Daily Pivots: (S1) 1.0309; (P) 1.0345; (R1) 1.0398; More… No change in EUR/USD’s outlook as consolidations from 1.0176 is still extending. Intraday bias stays neutral at this point. Outlook will remain bearish as long as Read more…
Daily Pivots: (S1) 1.2387; (P) 1.2435; (R1) 1.2493; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Corrective rebound from 1.2099 could still extend higher. But upside should be limited by 38.2% retracement Read more…
The forex markets was subdued in Asian session today. Dollar strength faded quickly after initial boost from stronger-than-expected US inflation data. While the greenback retains most of its gains against Yen, it has started to Read more…
Key Highlights WTI Crude Oil prices started a recovery wave from the $70.80 support. It cleared a key bearish trend line with resistance at $72.20 on the 4-hour chart. Gold prices started a downside correction Read more…
The elevated inflation that has persisted since 2022 has made Americans of all ages feel cash-strapped. Though inflation eased significantly from its peak of 9.1% in June 2022, it recently reached 3% for the first Read more…