Daily Pivots: (S1) 0.7988; (P) 0.8002; (R1) 0.8019; More…. USD/CHF recovered after edging lower to 0.7984 and intraday bias is turned neutral first. The current favored case is that corrective rebound from 0.7871 has completed Read more…
Daily Pivots: (S1) 0.6539; (P) 0.6550; (R1) 0.6564; More… AUD/USD’s rebound lost momentum ahead of 0.6567 resistance and retreated. Intraday bias remains neutral for the moment. On the upside, firm break of 0.6567 should confirm Read more…
Daily Pivots: (S1) 1.3735; (P) 1.3749; (R1) 1.3764; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, decisive break of 1.3720 will argue that the corrective pattern from 1.3538 has already Read more…
Daily Pivots: (S1) 0.9353; (P) 0.9368; (R1) 0.9390; More…. Intraday bias in EUR/CHF remains neutral at this point. More consolidations could be seen above 0.9317. Still, current development suggests that corrective pattern from 0.9218 might Read more…
Daily Pivots: (S1) 0.8632; (P) 0.8652; (R1) 0.8665; More… EUR/GBP failed to sustain above 0.8670 resistance and retreated, and intraday bias stays neutral. On the upside, firm break of 0.8672 resistance will retain near term Read more…
Daily Pivots: (S1) 1.7834; (P) 1.7884; (R1) 1.7915; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, sustained break of 38.2% retracement of 1.7245 to 1.8155 at 1.7807 should confirm that Read more…
Daily Pivots: (S1) 171.94; (P) 172.24; (R1) 172.68; More… Intraday bias in EUR/JPY is back on the upside with break of 172.99. Further rise should be seen to retest 173.87 high. Decisive break there will Read more…
Gold continued to trend higher and spiked to the highest levels since late April, just ticks under new record high on Monday. Weaker dollar on growing bets for Fed’s September rate cut, following more dovish Read more…
The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, 29 August. The price actions of Gold Read more…
Oil prices have rallied just over 1% to start the week thanks in part to rising geopolitical risks with Russia-Ukraine tensions stoking supply concerns. Russia-Ukraine Developments Ukraine has recently used drones to attack and shut Read more…