Daily Pivots: (S1) 1.3542; (P) 1.3601; (R1) 1.3634; More… Intraday bias in GBP/USD stays neutral and some consolidations would be seen below 1.3657. Further rally is expected as long as 1.3453 holds. Above 1.3657 will Read more…
Daily Pivots: (S1) 0.7787; (P) 0.7810; (R1) 0.7841; More…. Intraday bias in USD/CHF stays mildly on the downside for 0.7774 and then 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758. Firm break there Read more…
Daily Pivots: (S1) 1.3564; (P) 1.3579; (R1) 1.3608; More… Intraday bias in USD/CAD remains on the downside as this point. Fall from 1.3965 is in progress for retesting 1.380 low. Decisive break there will resume Read more…
Daily Pivots: (S1) 0.7180; (P) 0.7204; (R1) 0.7225; More… Intraday bias in AUD/USD remains mildly on the upside for the moment. Recent up trend should be resuming for 61.8% projection of 0.6420 to 0.7187 from Read more…
Dollar is starting the week on a soft footing, and even a strong US non-farm payroll report this week may not be enough to reverse that trend. Markets are increasingly positioned around a counterintuitive dynamic Read more…
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USD/JPY was the biggest mover last week, rising above 160 after the Federal Reserve meeting suggested U.S. interest rates may stay high for longer than expected as inflation concerns continue. After breaking above 160, USD/JPY Read more…
Bitcoin’s near-term rally is extending into a critical test of the $80k psychological barrier, with price action now entering a zone where multiple drivers converge. The move has been supported by strong risk appetite, with Read more…
Key Highlights EUR/USD started a fresh increase from the 1.1650 support zone. It cleared a key bearish trend line with resistance at 1.1710 on the 4-hour chart. GBP/USD gained pace for a move above the Read more…
Federal Reserve dissenters pushed back forcefully against the central bank’s perceived easing bias, signaling growing uncertainty over the policy path just days after the April 29 meeting. Minneapolis Fed President Neel Kashkari said current guidance Read more…