Daily Pivots: (S1) 0.8027; (P) 0.8056; (R1) 0.8080; More… Intraday bias in USD/CHF remains neutral at this point. On the downside, decisive break of 55 D EMA (now at 0.8007) will argue that the corrective Read more…
Daily Pivots: (S1) 0.6475; (P) 0.6488; (R1) 0.6507; More… Intraday bias in AUD/USD remains neutral ad more sideway trading could be seen. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of Read more…
Daily Pivots: (S1) 1.4006; (P) 1.4066; (R1) 1.4106; More… Intraday bias in USD/CAD remains mildly on the downside for the moment. Fall from 1.4139 short term top would extend towards 1.3886 support. On the upside, Read more…
Daily Pivots: (S1) 0.9302; (P) 0.9315; (R1) 0.9324; More…. Intraday bias in EUR/CHF stays neutral and more consolidations could be seen below 0.9325 temporary top. On the upside, break of 0.9325 will target 0.9371 resistance. Read more…
Daily Pivots: (S1) 0.8775; (P) 0.8795; (R1) 0.8808; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen below 0.8828. Further rally is expected as long as 0.8761 support holds. On the Read more…
Daily Pivots: (S1) 1.7752; (P) 1.7826; (R1) 1.7878; More… Intraday bias in EUR/AUD is turned neutral again with today’s sharp decline. On the downside, break of 1.7561 support will revive the bearish case that corrective Read more…
Daily Pivots: (S1) 176.76; (P) 177.18; (R1) 177.87; More… EUR/JPY’s rebound from 175.67 extended higher but upside is capped below 178.80 resistance. Intraday bias remains neutral first. On the downside, below 176.48 minor support will Read more…
Daily Pivots: (S1) 201.03; (P) 201.56; (R1) 202.47; More… GBP/JPY’s rebound form 199.04 extended higher today but it stays within near term falling channel and below 204.22 resistance. Intraday bas remains neutral first. On the Read more…
Yen was under pressure across the board in Asian session today as improved sentiment toward China and dovish domestic signals combined to sap demand for the safe-haven currency. Traders interpreted the latest Chinese inflation report Read more…
Key Highlights EUR/USD started a recovery wave from 1.1465. A major bearish trend line is forming with resistance at 1.1620 on the 4-hour chart. GBP/USD recovered some losses and climbed above 1.3120. USD/JPY is consolidating Read more…