Daily Pivots: (S1) 162.72; (P) 163.45; (R1) 164.14; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77, as another rising leg in the consolidation from 154.40, should target 164.89 Read more…
Daily Pivots: (S1) 193.52; (P) 194.22; (R1) 194.80; More… Intraday bias in GBP/JPY remains on the upside for the moment. Sustained break of 194.73 will extend the rise from 187.04 to 198.94/199.79 resistance zone. On Read more…
Daily Pivots: (S1) 1.4272; (P) 1.4296; (R1) 1.4323; More… Intraday bias in USD/CAD remains neutral for the moment as range trading continues. On the downside, break of 1.4238 support will argue that corrective pattern from Read more…
Daily Pivots: (S1) 0.6340; (P) 0.6365; (R1) 0.6387; More… Range trading continues in AUD/USD and intraday bias remains neutral for the moment. On the upside, sustained break of 0.6407 will resume the rebound from 0.6087 Read more…
Daily Pivots: (S1) 148.89; (P) 149.42; (R1) 149.81; More… While USD/JPY’s rebound from 146.52 might extend, upside should be limited by 150.92 support turned resistance. On the downside, below 148.22 minor support will bring retest Read more…
Daily Pivots: (S1) 0.8744; (P) 0.8782; (R1) 0.8805; More… USD/CHF is staying above 0.8757 support despite current dip. Intraday bias stays neutral for the moment. In case of another recovery, upside should be limited by Read more…
Daily Pivots: (S1) 1.2967; (P) 1.2988; (R1) 1.3025; More… GBP/USD’s rally from 1.2099 is still in progress, and further rise should be seen to retest 1.3433 high. On the downside, break of 1.2910 support will Read more…
Daily Pivots: (S1) 1.0907; (P) 1.0931; (R1) 1.0969; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rally from 1.0176 should target 1.1274 key resistance. On the downside, though, break of Read more…
Dollar remains under pressure as markets await FOMC rate decision and, more crucially, the updated economic projections. While the central bank is widely expected to hold rates steady at 4.25-4.50%, traders are looking for any Read more…
Fed is set to keep interest rates unchanged at 4.25-4.50% today. The focus will be on the updated economic projections, which may drop hints that Fed is beginning to pre-empt a full-blown trade war into Read more…