Daily Pivots: (S1) 0.6830; (P) 0.6872; (R1) 0.6940; More… Intraday bias in AUD/USD remains on the upside, as rebound from 0.6680 short term bottom is in progress. Next target is 55 day EMA (now at 0.6973). Sustained break there will target 0.7282 structural resistance next. On the downside, however, below 0.6801 minor support will turn […]
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We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…
EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in Read more…