Daily Pivots: (S1) 0.7265; (P) 0.7289; (R1) 0.7305; More… Intraday bias in AUD/USD remains on the this point. Correction from 0.8006 could have completed after defending 0.6991. Further rise should be seen to 100% projection of 0.6992 to 0.7277 from 0.7128 at 0.7413 first. For now, further rally will remain in favor as long as […]
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USDJPY loses ground around 200-day SMA RSI and MACD head south USDJPY has declined considerably toward the 200-day simple moving average (SMA) around 152.10, with the potential to hit the short-term uptrend line before heading Read more…
Markets US President-elect Trump announcing he will raise tariffs on imports from Canada and Mexico by 25% and the levy on China by 10% in the end only had a limited impact on markets. Early Read more…
Daily Pivots: (S1) 1.0428; (P) 1.0486; (R1) 1.0548; More… EUR/USD is staying in consolidation above 1.0330 and intraday bias remains neutral. Further decline is expected as long as 1.0609 resistance holds. On the downside, sustained Read more…