EUR/USD started a fresh increase above 1.1700 and 1.1720. USD/CHF declined further and is now struggling below 0.7835. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro started a decent increase from 1.1650 against Read more…
US Dollar The US dollar has received positive news from the Fed, the oil market and the US economy. Jerome Powell is staying in the FOMC, Brent crude has surpassed $120 per barrel, and orders Read more…
Market Overview The crypto market capitalisation rose by 1.29% over the past 24 hours to $2.57 trillion, supported by the Nasdaq-100 and S&P 500 indices hitting impressive new all-time highs. Furthermore, the strengthening of the Read more…
Daily Pivots: (S1) 210.12; (P) 213.40; (R1) 216.33; More… Fall from 216.58 could still extend lower, but strong support should emerge from 209.58 to bring rebound, at least on first attempt. On the upside, above Read more…
Daily Pivots: (S1) 181.48; (P) 184.53; (R1) 186.77; More… Intraday bias in EUR/JPY remains on the downside, and fall from 187.93 could extend lower to 180.78 support. But strong support should emerge there to bring Read more…
Daily Pivots: (S1) 0.8608; (P) 0.8639; (R1) 0.8656; More… EUR/GBP’s fall from 0.8740 resumed and accelerated after breaking through 0.8652. Intraday bias is back on the downside fro 0.8610 key support. Decisive break there will Read more…
Daily Pivots: (S1) 1.6245; (P) 1.6334; (R1) 1.6381; More… EUR/AUD’s fall from 1.6482 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.6126 low. Decisive break there will resume larger down Read more…
Daily Pivots: (S1) 0.9131; (P) 0.9188; (R1) 0.9227; More…. Despite near the strong volatile, EUR/CHF is still bounded in established range below 0.9264. Intraday bias remains neutral and further rise is expected with 0.9155 support Read more…
Another month ended with no light at the end of the tunnel for the Iran war. On the contrary, the US is not willing to lift the naval blockade in the Strait of Hormuz, while Read more…
In focus today Today is a holiday in many markets and relatively quiet in terms of data releases. Focus remains on energy markets ahead of the close of the week, following yesterday’s volatile oil price Read more…