Daily Pivots: (S1) 198.02; (P) 198.42; (R1) 198.85; More… Intraday bias in GBP/JPY is turned neutral with current retreat and some more consolidations would be seen first. Near term outlook will stay bullish as long Read more…
Daily Pivots: (S1) 168.84; (P) 169.32; (R1) 170.02; More… Intraday bias in EUR/JPY is turned neutral again with current retreat and some consolidations would be seen first. Downside should be contained well above 166.01 support Read more…
Daily Pivots: (S1) 0.8516; (P) 0.8534; (R1) 0.8561; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen below 0.8573. Further rally is expected as long as 0.8492 support holds. Above 0.8573 Read more…
Daily Pivots: (S1) 1.7858; (P) 1.7916; (R1) 1.7998; More… Intraday bias in EUR/AUD remains neutral and more consolidations could be seen below 1.7989. Further rally is expected as long as 1.7626 support holds. Above 1.7989 Read more…
Daily Pivots: (S1) 0.9342; (P) 0.9361; (R1) 0.9381; More…. EUR/CHF is still bounded in range of 0.9306/9428 and intraday bias stays neutral. Further rally is mildly in favor as long as 0.9306 support holds. On Read more…
Platinum (PL) has broken out of its bearish channel this month, signaling strong bullish trend momentum. This article explores the latest long-term Elliott Wave technical outlook. Platinum (PL) Monthly Elliott Wave Chart The monthly platinum Read more…
US equity markets continued their bullish climb on Friday, 27 June, defying renewed stagflation risks. Core PCE inflation for May rose to 2.7% y/y (above April’s 2.6% and consensus), while personal spending contracted -0.1% m/m—the Read more…
Switzerland’s KOF Economic Barometer dropped to 96.1 in June from 98.6, missing expectations of 99.3 and marking a renewed deterioration in growth momentum. The decline reflects broad-based weakness across most underlying components, according to KOF, Read more…
Daily Pivots: (S1) 1.1682; (P) 1.1718; (R1) 1.1755; More… Intraday bias in EUR/USD stays on the upside at this point. Current rally should target 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. On Read more…
Daily Pivots: (S1) 144.24; (P) 144.59; (R1) 145.01; More… USD/JPY remains bounded in range trading and intraday bias stays neutral at this point. On the upside, firm break of 148.64 will resume the rise from Read more…