Daily Pivots: (S1) 0.6667; (P) 0.6697; (R1) 0.6738; More… AUD/USD’s break of 0.6742 minor resistance suggests that pull back from 0.6892 has completed at 0.6628 already, ahead of 38.2% retracement of 0.6169 to 0.6892 at 0.6616. Intraday bias is back on the upside for retesting 0.6892. Firm break there will resume larger rise from 0.6169. […]
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What a week it has been – and it is not over! It started with renewed Middle East tensions, sending oil prices up to $115pb, then tensions eased and markets breathed a sigh of relief Read more…
Daily Pivots: (S1) 212.27; (P) 212.70; (R1) 213.11; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Further decline is expected as long as 214.21 holds. Below 210.43 will target 209.58 support first. Read more…
Daily Pivots: (S1) 183.58; (P) 183.92; (R1) 184.33; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the downside as long as 185.02 resistance holds. Break of 182.01 will resume Read more…