Daily Pivots: (S1) 0.8625; (P) 0.8681; (R1) 0.8737; More… While upside momentum is diminishing slightly as seen in 4H MACD, further rally is still expected as long as 0.8518 support holds. Current rise from 0.8221 Read more…
Daily Pivots: (S1) 1.7851; (P) 1.8151; (R1) 1.8350; More… Intraday bias in EUR/AUD stays neutral as consolidation continues below 1.8554 short term top. In case of another dip, downside should be contained by 38.2% retracement Read more…
Daily Pivots: (S1) 0.9216; (P) 0.9268; (R1) 0.9316; More…. While downside momentum is diminishing slightly as seen in 4H MACD, further decline is still expected in EUR/CHF with 0.9408 resistance intact. Retest of 0.9204 low Read more…
In our previous analysis of Bitcoin’s price (dated 4 April), we: → outlined a long-term ascending channel (marked by blue lines); → noted signs suggesting a potential bearish breakout below the channel’s lower boundary. Since Read more…
AUD/USD started a decent increase above the 0.6150 and 0.6200 levels. NZD/USD is also rising and might aim for more gains above 0.5850. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Read more…
Markets The US dollar was last week’s latest victim of Trump’s improvised trade strategy. EUR/USD closed the week at 1.1355, up from 1.0882 at the start of the week and taking out the 1.1214/74/76 resistance Read more…
The new week starts on relief that the US will exempt electronics – most of which are made in China – from headline tariffs. Futures are hinting at strong gains across the US and European Read more…
Daily Pivots: (S1) 0.6216; (P) 0.6258; (R1) 0.6335; More… Intraday bias in AUD/USD stays on the upside as rebound from 0.5913 short term bottom is still in progress. Sustained break of 38.2% retracement of 0.6941 Read more…
Daily Pivots: (S1) 1.3800; (P) 1.3900; (R1) 1.3961; More… Intraday bias in USD/CAD remains on the downside for the moment. Fall from 1.4791 should target 100% projection of 1.4791 to 1.4150 from 1.4414 at 1.3773. Read more…
Daily Pivots: (S1) 1.1207; (P) 1.1340; (R1) 1.1494; More… Intraday bias in EUR/USD remains on the upside at this point. Current rally should target 161.8% projection of 1.0358 to 1.0953 from 1.0731 at 1.1694. On Read more…