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Gold has completed a 7-swing corrective decline in wave B at 4838 and has since turned higher, signaling the start of a new impulsive sequence in wave C. The reaction from 4838 was decisive, suggesting Read more…
Daily Pivots: (S1) 207.99; (P) 208.76; (R1) 209.45; More… Intraday bias in GBP/JPY stays neutral at this point and outlook is unchanged. On the downside, sustained break of 38.2% retracement of 197.47 to 214.98 at Read more…
Daily Pivots: (S1) 181.94; (P) 182.54; (R1) 183.08; More… Intraday bias in EUR/JPY remains mildly on the upside for the moment. Corrective fall from 186.86 could have completed after drawing support from 38.2% retracement of Read more…
Daily Pivots: (S1) 0.8729; (P) 0.8740; (R1) 0.8756; More… Intraday bias in EUR/GBP remains neutral with focus on 0.8744 resistance. Decisive break there should confirm that fall from 0.8863 has completed as a correction. Further Read more…
Daily Pivots: (S1) 1.6634; (P) 1.6704; (R1) 1.6749; More… EUR/AUD is staying in consolidations above 1.6620 and intraday bias remains neutral at this point. With 1.7060 resistance intact, outlook stays bearish and further decline is Read more…
Daily Pivots: (S1) 0.9097; (P) 0.9114; (R1) 0.9140; More…. EUR/CHF is still bounded in consolidations from 0.9092 and intraday bias stays neutral. Further decline is expected with 0.9180 resistance intact. On the downside, firm break Read more…
Daily Pivots: (S1) 1.1743; (P) 1.1775; (R1) 1.1809; More…. Intraday bias in EUR/USD remains on the downside as fall from 1.2081 continues today. Sustained trading below 55 D EMA (now at 1.1763) will raise the Read more…
Daily Pivots: (S1) 154.58; (P) 154.96; (R1) 155.38; More… USD/JPY’s rally from 152.25 continues today and intraday bias stays on the upside for 157.65 resistance first. Break there will target a retest on 159.44 high. Read more…
Daily Pivots: (S1) 1.3428; (P) 1.3473; (R1) 1.3511; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3867 is in progress. Current development suggests that the decline is at least correcting the Read more…