Daily Pivots: (S1) 0.8504; (P) 0.8518; (R1) 0.8527; More… Intraday bias in EUR/GBP stays neutral at this point. On the downside, below 0.8478 will target 55 D EMA (now at 0.8455). Sustained trading below there Read more…
Daily Pivots: (S1) 1.7441; (P) 1.7514; (R1) 1.7565; More… Intraday bias in EUR/AUD is turned neutral firs with current recovery. Another fall is mildly in favor as long as 1.7886 resistance holds. Sustained break of Read more…
Daily Pivots: (S1) 0.9279; (P) 0.9324; (R1) 0.9348; More…. Intraday bias in EUR/CHF stays neutral and outlook is unchanged. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move Read more…
Daily Pivots: (S1) 1.3797; (P) 1.3814; (R1) 1.3840; More… Further decline is mildly in favor with 1.3903 resistance intact, for 1.3727 fibonacci level next. However, considering bullish convergence condition in 4H MACD, firm break of Read more…
Daily Pivots: (S1) 0.6437; (P) 0.6465; (R1) 0.6497; More… AUD/USD’s rise from 0.5913 is in progress. Intraday bias remains on the upside for 61.8% retracement of 0.6941 to 0.5913 at 0.6548. On the downside, though, Read more…
Daily Pivots: (S1) 1.1285; (P) 1.1324; (R1) 1.1354; More… Intraday bias in EUR/USD stays neutral as range trading continues above 1.1265. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short term Read more…
Daily Pivots: (S1) 1.3258; (P) 1.3298; (R1) 1.3335; More… GBP/USD is still bounded in range below 1.3442 and intraday bias stays neutral. On the downside, firm break of 1.3232 support will indicate short term topping Read more…
Daily Pivots: (S1) 143.16; (P) 144.08; (R1) 144.61; More… Range trading continues in USD/JPY and intraday bias remains neutral. While rebound from 139.87 could extend higher, near term outlook will stay bearish as long as Read more…
Markets Markets took a slow start to the trading week as the risk rally fizzled and with UK markets closed for May Day holiday. The German Dax’s outperformance (+1.1%) was exception to the rule. The Read more…
The week kicked off on a positive note for German stocks. Rheinmetall – a defense stock – was the top winner in the DAX index as the company extended gains for a fourth consecutive session Read more…