Daily Pivots: (S1) 192.64; (P) 193.11; (R1) 193.86; More… GBP/JPY’s rise from 184.35 resumed by breaking through 193.72 resistance today. Intraday bias is back on the upside for 195.95 resistance next. Firm break there will Read more…
Daily Pivots: (S1) 163.12; (P) 163.57; (R1) 163.99; More… Intraday bias in EUR/JPY remains neutral first, but further rally is in favor with 161.57 support intact. On the upside, break of 164.61 will resume the Read more…
Daily Pivots: (S1) 0.8443; (P) 0.8468; (R1) 0.8481; More… EUR/GBP’s fall from 0.8737 continues today and intraday bias stays on the downside. Sustained trading below 55 D EMA (now at 0.8461) will argue that whole Read more…
Daily Pivots: (S1) 1.7510; (P) 1.7547; (R1) 1.7579; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, firm break of 1.7886 resistance will argue that fall from 1.8553 has completed as Read more…
Daily Pivots: (S1) 0.9327; (P) 0.9344; (R1) 0.9370; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move Read more…
Daily Pivots: (S1) 1.3916; (P) 1.3930; (R1) 1.3954; More… Intraday bias in USD/CAD stays mildly on the upside at this point. Rebound from 1.3749 short term bottom would target 55 D EMA (now at 1.4053). Read more…
Daily Pivots: (S1) 0.8192; (P) 0.8232; (R1) 0.8278; More…. USD/CHF’s breach of 0.8333 suggests that rebound from 0.8038 is resuming. Intraday bias is back on the upside for 38.2% retracement of 0.9200 to 0.8038 at Read more…
Markets opened the week on a subdued note despite the White House’s announcement that a trade agreement had been reached with China following negotiations in Switzerland. Despite the positive headline, investor reaction has been muted Read more…
It looks like the U.S economy may have already received a very good piece of news to start the week. That was what the financial markets were saying late Sunday. The good news: Reports the Read more…
Bitcoin posted a strong rally last week, driven by a combination of improved global risk sentiment and sustained institutional demand through exchange-traded funds. A key driver has been BlackRock’s spot Bitcoin ETF, which extended its Read more…