The market is virtually certain that the Fed will raise interest rates. Speculators are beginning to return to the US dollar. The US dollar has risen in response to inflation data and the escalation of Read more…
Market Overview The crypto market capitalisation, standing at $2.65T at the start of the week, has remained relatively stable over the last four days and is 2.2% below last week’s opening figures. For more than Read more…
Intraday bias in GBP/USD remains neutral for the moment. On the downside, sustained break of 55 D EMA (now at 1.3484) will indicate that whole rebound from 1.3139 has completed. Deeper fall should be seen Read more…
USD/CHF’s rally continues today today and intraday bias stays on the upside for 0.8205/13 resistance zone. Decisive break there will carry larger bullish implications. Further rise will now remain mildly in favor as long as Read more…
Intraday bias in AUD/USD remains mildly on the downside at this point. Break of 0.7120 support will extend the pullback from 0.7237 short term top to 38.2% retracement of 0.6864 to 0.7237 at 0.7095. For Read more…
Range trading continues in USD/CAD above 1.3730 and intraday bias stays neutral. t. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, Read more…
Intraday bias in GBP/JPY remains neutral at this point. Also the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound Read more…
Intraday bias in EUR/JPY stays neutral for the moment. Further decline is expected as long as 179.88 minor resistance holds. Below 177.82 will extend the fall from 187.93 to 175.41 key cluster support. Nevertheless, break Read more…
EUR/GBP’s fall from 0.8607 extends lower today, but stays above 0.8454 support. Intraday bias remains neutral first. Strong resistance is still expected from 0.8610 to complete the corrective bounce from 0.8453. On the downside, break Read more…
Intraday bias in EUR/AUD remains neutral for the moment. While stronger rebound cannot be ruled out, risk will stay on the downside as long as 1.6444 resistance holds. On the downside, decisive break of 1.6078/6108 Read more…