Daily Pivots: (S1) 1.3798; (P) 1.3825; (R1) 1.3868; More… Intraday bias in USD/CAD remains on the downside. Firm break of 100% projection of 1.4791 to 1.4150 from 1.4414 at 1.3773 will extend the decline from Read more…
Daily Pivots: (S1) 0.6379; (P) 0.6408; (R1) 0.6447; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rise from 0.5913 should target 61.8% retracement of 0.6941 to 0.5913 at 0.6548, even Read more…
Daily Pivots: (S1) 1.1414; (P) 1.1494; (R1) 1.1592; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0176 should target 161.8% projection of 1.0358 to 1.0953 from 1.0731 at Read more…
Daily Pivots: (S1) 1.3297; (P) 1.3359; (R1) 1.3444; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3433 high. Firm break there will confirm larger up trend resumption and target 100% projection of Read more…
Daily Pivots: (S1) 0.8026; (P) 0.8104; (R1) 0.8169; More… Intraday bias in USD/CHF remains on the downside for the moment. Current down trend should target 200% projection of 0.9196 to 0.8757 from 0.8854 at 0.7976 Read more…
Daily Pivots: (S1) 140.18; (P) 141.16; (R1) 141.85; More… Intraday bias in USD/JPY remains on the downside for the moment. Current fall from 158.86 is in progress for 139.57 support. Strong support could seen from Read more…
The broad selloff in US assets resumed overnight as market confidence took another blow from escalating political pressure on Fed. Major US stock indexes ended the session deep in the red, while 10-year Treasury yields Read more…
Dollar Index broke through an important support overnight as recent decline accelerated, and hit the lowest level in three years. The selloff reflects a deepening flight out of US assets, as confidence continues to erode. Read more…
New Zealand recorded stronger-than-expected trade surplus of NZD 970m in March, far exceeding forecasts of NZD 80m. The surprise was driven by a robust 19% yoy increase in goods exports, which rose by NZD 1.2B Read more…
Key Highlights USD/CHF declined heavily below the 0.8380 and 0.8250 levels. A major bearish trend line is forming with resistance at 0.8150 on the 4-hour chart. EUR/USD rallied above the 1.0450 and 1.0500 resistance levels. Read more…