In focus today This evening the Federal Reserve May meeting takes place, where we expect the Fed to keep an unchanged monetary policy, in line with consensus and market pricing. While we expect the Fed Read more…
Daily Pivots: (S1) 190.63; (P) 191.47; (R1) 191.92; More… No change in GBP/JPY’s outlook and intraday bias remains neutral. Further rise is expected as long as 189.97 support holds. Above 193.72 will resume the rise Read more…
Daily Pivots: (S1) 161.35; (P) 162.15; (R1) 162.71; More… EUR/JPY recovered after breaching 161.68 support and intraday bias stays neutral. On the upside, above 164.61 will resume the rise from 154.77 to 100% projection of Read more…
Daily Pivots: (S1) 0.8471; (P) 0.8496; (R1) 0.8529; More… Intraday bias in EUR/GBP stays mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 0.8461) will suggest that whole rise Read more…
Daily Pivots: (S1) 1.7455; (P) 1.7515; (R1) 1.7566; More… EUR/AUD’s fall from 1.8554 resumed after brief recovery and intraday bias is back on the downside. Sustained break of 55 D EMA (now at 1.7420) will Read more…
Daily Pivots: (S1) 0.9310; (P) 0.9335; (R1) 0.9371; More…. No change in EUR/CHF’s outlook and intraday bias stays neutral. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move Read more…
Daily Pivots: (S1) 1.3736; (P) 1.3791; (R1) 1.3830; More… No change in USD/CAD’s outlook and further decline remains mildly in favor with 1.3903 resistance intact, for 1.3727 fibonacci level next. However, considering bullish convergence condition Read more…
Daily Pivots: (S1) 141.76; (P) 143.01; (R1) 143.67; More… USD/JPY recovered ahead of 141.96 support and intraday bias stays neutral for the moment. Rebound from 139.87 might still extend higher. But outlook will stay bearish Read more…
Daily Pivots: (S1) 0.8201; (P) 0.8233; (R1) 0.8254; More…. Range trading continues in USD/CHF below 0.8333 and intraday bias stays neutral. On the upside, above 0.8333 will resume the rebound from 0.8038. However, upside should Read more…
Daily Pivots: (S1) 1.3286; (P) 1.3344; (R1) 1.3428; More… GBP/USD is staying in range below 1.3442 and intraday bias remains neutral. On the downside, firm break of 1.3232 support will indicate short term topping and Read more…