Daily Pivots: (S1) 1.3938; (P) 1.3962; (R1) 1.3991; More… USD/CAD’s rally resumed by breaking through 1.3957 and intraday bias is back on the upside. Strong resistance is expected from 1.4014 cluster to complete the corrective Read more…
Daily Pivots: (S1) 0.6574; (P) 0.6599; (R1) 0.6622; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. On the upside, firm break of 0.6627 resistance will suggest that pullback from 0.6706 has completed Read more…
Daily Pivots: (S1) 1.1680; (P) 1.1720; (R1) 1.1756; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 1.1675) Read more…
Daily Pivots: (S1) 1.3391; (P) 1.3451; (R1) 1.3501; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, firm break of 1.3535 resistance will suggest that pullback from 1.3725 has completed, Read more…
Daily Pivots: (S1) 0.7953; (P) 0.7977; (R1) 0.8002; More… USD/CHF is still bounded in sideway trading and intraday bias stays neutral. On the upside, sustained trading above 55 D EMA (now at 0.8011) will suggest Read more…
Yesterday was yet another day investors swung between political shenanigans in the US and AI hype. Mood was not necessarily great in the early hours of trading across the Pacific after Trump’s threat to fire Read more…
In focus today The US September Jobs Report scheduled for today will most likely not be released due to the government shutdown, which also affects the Bureau of Labor Statistics. The ISM Services Index for Read more…
Daily Pivots: (S1) 146.73; (P) 147.13; (R1) 147.65; More… Intraday bias in USD/JPY is turned neutral first with current recovery. For now, price actions from 150.90 are still seen as a corrective pattern. On the Read more…
Yen is paring back after a week of strong gains, as profit-taking sets in and domestic risk appetite strengthens. Japanese equities rallied sharply, driven by Hitachi’s announcement of a partnership with OpenAI to build AI Read more…
Key Highlights USD/JPY declined and tested the 146.60 support zone It cleared a key bearish trend line with resistance near 147.20 on the 4-hour chart. EUR/USD is showing a few bearish signs and might decline Read more…