Daily Pivots: (S1) 1.2625; (P) 1.2643; (R1) 1.2670; More… Intraday bias in GBP/USD is turned neutral with current retreat. On the upside, above 1.2666 will resume the rebound from 1.2154. On the downside, sustained of 55 day EMA (now at 1.2752) will target 1.2999 support turned resistance. On the downside, though, break of 1.2480 minor […]
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The Canadian dollar posted its fourth straight losing week, declining about 1%. In Monday’s European session, USD/CAD is trading at 1.4397, up 0.16% at the time of writing. Canada’s GDP expected to remain at 0.1% Read more…
CADJPY, Daily In the Daily timeframe, CADJPY formed a symmetrical triangle pattern. The price is testing the upper trend line and MA50. At the same time, the lips crossed the jaw of the Alligator, indicating Read more…
USDCHF, H2 USDCHF is navigating within a symmetrical triangle, sandwiched between the 0.8950 resistance and the 0.8920 support. The price breaks above the DEMA and TEMA, while the RSI breaks below the 50-line. If the Read more…